1638 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.
Residensi Sefina
No. 19-06, Residensi Sefina, Jalan Kiara 3, Mont Kiara, 50480 Kuala Lumpur
Residensi Agile Delima
No. C-19-01, Residensi Agile Delima, Jalan Delima, Bukit Bintang, 55100 Kuala Lumpur
Ativo Suites
No. B-17-11, Block B, Ativo Suites, No, 1, Jalan PJU 9/1, Damansara Avenue, Bandar Sri Damansara, 52200 Kuala Lumpur
Mutiara Upper East
No. B-03A-1, Block B, Mutiara Upper East, Jalan 1/76E, Desa Pandan, 55100 Kuala Lumpur
Residensi Infiniti 3
No. A-25-2, Residensi Infiniti 3, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Tower 2
No. B-18-11, Tower 2 (Block B),188 Suites, Jalan Cendana, 50250 Kuala Lumpur
Mirage Residence
No. 21-1, Level 21, Mirage Residence, Jalan Yap Kwap Seng, 50450 Kuala Lumpur
Damansara Foresta
No. B-31-06, Block B, Damansara Foresta, Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
15th Floor
No. A-15-01, 15th Floor, Brunsfield Embassyview, 273, Jalan Ampang, 50450 Kuala Lumpur
Residensi Pantai Sentral 2
No. 08-8, Residensi Pantai Sentral 2, Jalan Pantai Murni 7, off Jalan Pantai Dalam, Pantai Sentral, 59200 Kuala Lumpur
Residensi Hipster
No. B-43A-05, Block B, Residensi Hipster, No. 262, Jalan Desa, Taman Desa, 58100 Kuala Lumpur
Residensi Chambers
No. 1-02, Residensi Chambers (Residensi Kamar Putra), Jalan Ipoh Kecil, 50350 Kuala Lumpur
Residensi Tria Seputeh
No. A-05-03, Residensi Tria Seputeh, 9 Seputeh, No. 26, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Berjaya Times Square
No. A-39-16, Berjaya Times Square, No. 1, Jalan Imbi, 55100 Kuala Lumpur
Residensi Mutiara Condominium
No. 7-5, Residensi Mutiara Condominium, No. 69 Jalan Thamby Abdullah, Brickfields, 50470, Kuala Lumpur
Villa Puteri Condominium
No. 33D-32-4, Block D, Villa Puteri Condominium, Jalan Tun Ismail, 50480 Kuala Lumpur
Residensi Duta Park
No. A-33-12, Residensi Duta Park, No.11, Jalan Kuching, 51200 Kuala Lumpur
Setia Sky Residences
No. A-30-3A, Setia Sky Residences, No. 76, Jln Raja Muda Abdul Aziz, Off Jln Tun Razak, 50300 Kuala Lumpur
Suasana Sentral Condominium
No. A-23-06, Block A, Suasana Sentral Condominium,Jalan Stesen Sentral 5, 50470 Kuala Lumpur
Suite Platinum
No. D-28-3A, Suite Platinum, No. 1020, Jalan Sultan Ismail, 50250 Kuala Lumpur
Embassyview Condosuites
No. A-16-3a, Embassyview Condosuites No.273, Jalan Ampang, 50450, Kuala Lumpur
Damansara Seresta Condominium
No. A-27-08, Block A, Damansara Seresta Condominium, Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Tower A
No. A-36-05, 36th Floor, Tower A, Skyluxe On The Park, No 6, Jalan Jalil Perkasa 1, Bukit Jalil, 57000 Kuala Lumpur
Kondominium 328 Tun Razak
No. 18-09, 18th Floor, Kondominium 328 Tun Razak (Three28 Tun Razak), 328, Jalan Tun Razak, 50400 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
How many apartment / condo auctions are there in Kuala Lumpur?+
There are currently 1638 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.