667 Lelong Apartment / Condo in Kuala Lumpur
Looking for below-market apartments and condos in Kuala Lumpur? BidNest Auction presents a wide selection of bank auction properties across the city's prime districts. These auction house listings, frequently called 'lelong' properties, often start at 10, 40% below market value, making them a smart entry point for investors and first-home buyers. The process is straightforward: register, pay the 10% deposit, and bid on auction day. Contact Peter Tan today for upcoming auction dates, reserve prices, and a smooth bidding guide.
638 apartment / condo lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 450,000, 42.6% at exactly the reserve. See sold prices
The Elements
No. B-08-01, The Elements, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
Greenpark Condominium
No. A16-01, 16th Floor, Block A, Greenpark Condominium, Jalan Awan Pintal, Taman Yarl, 58200 Kuala Lumpur
Residensi Riverville
No. B-05-03, Block B, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000 Kuala Lumpur
Pangsapuri Vista Amani
No. B-18-3, Pangsapuri Vista Amani, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Kuarza 16 Apartment
No. 06-03, Kuarza 16 Apartment, Jalan Melawati 7B, Taman Kuarza 16, 53100 Kuala Lumpur
Catalina Villa
No. 312A-1-2, Jalan Ampang, Catalina Villa, 50450 Kuala Lumpur
Residensi Legenda
No. B-21-08, Block B, Residensi Legenda (Legend Heights @ Sri Segambut), No. 61, Jalan Udang Siar, Taman Sri Segambut, 52200 Kuala Lumpur
Residensi Tebing Selatan
No. B-33A-11, Residensi Tebing Selatan, No. 179, Jalan Klang Lama, 58000 Kuala Lumpur
Laman Scenaria Kiara
No. A-5-10, Block A, Laman Scenaria Kiara, Jalan 6/38A, 51200 Kuala Lumpur
Apartment Servis J. Dupion
No. B-37-02, Block B, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, 56000 Kuala Lumpur
Residensi SkyMeridien
No. A-23-11, Residensi SkyMeridien, No. 1, Jalan 1/48A, Sentul Timur, 51000 Kuala Lumpur
Sri Impian Condominium
No. 9-7, Sri Impian Condominium, No. 38, Jalan Ang Seng, Brickfields, 50470 Kuala Lumpur
Residensi Kamar Putra
No. 23-03, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Crescent Court
No. 10C, Crescent Court, Lengkok Tun Sambanthan, Brickfields, 50470 Kuala Lumpur
Residensi Vyne
No. D-6-3, Tingkat 6, Block D, Residensi Vyne, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
Pearl Suria @ Menara Pearl Point 2
No. S-12-13A, Pearl Suria @ Menara Pearl Point 2, Jalan Sepadu, Off Jalan Klang Lama, 58200 Kuala Lumpur
Idaman Robertson
No. S-43A-09, Idaman Robertson, No. 2, Jalan Robertson, 50150 Kuala Lumpur
Residensi Kamar Putra
No. 27-03, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Tower 1
No. 1-15-13, Tower 1, Suite Sentral, No. 248, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Residensi Riverville
No. A-23A-09, Residensi Riverville, No.6, Jalan Taman Seri Sentosa, 58000 Kuala Lumpur
Z Residence
No. C-03-08, Block C, Z Residence, No. 5, Jalan Jalil Perwira 2, 58200 Bukit Jalil, Kuala Lumpur
Residensi Henge
No. E-21-01, Residensi Henge, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Residensi Curvo
No. A-32-05, Residensi Curvo, No. 1, Jalan Arena 2, Setapak, 53200 Kuala Lumpur
Residensi Havre
No. B-15-03A, Residensi Havre, No. 75, Lebuhraya Bukit Jalil, 57000 Bukit Jalil, Kuala Lumpur
How to Buy an Auction Property in Kuala Lumpur
- 1Shortlist properties
Browse auction listings in Kuala Lumpur, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ
What do apartment / condo auctions in Kuala Lumpur actually sell for?+
638 apartment / condo lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 450,000, 42.6% at exactly the reserve. Every transaction is listed on the BidNest sold-prices page.
How many apartment / condo auctions are there in Kuala Lumpur?+
There are currently 667 bank auction (lelong) apartment / condo properties in Kuala Lumpur, updated regularly.
How much below market are Kuala Lumpur apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Kuala Lumpur are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Kuala Lumpur?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Kuala Lumpur?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Kuala Lumpur?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.