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
Alam Puri Condominium
No. 6-3A, Alam Puri Condominium, Jalan Kampung Batu, Batu 5, Off Jalan Ipoh, 51200, Kuala Lumpur
Royal Domain Sri Putramas II
No. A1-3A-05, Block A1, Royal Domain Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200, Kuala Lumpur
Tower 2
No. 2-13-08, Tower 2, M City, No. 326, Jalan Ampang, 50450 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. B-18-1, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Westminster Park
No. D-11-1, Westminster Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Menara Polo
No. H6-0-5, Menara Polo, Jalan 2/76E, Desa Pandan, 55100 Kuala Lumpur
Residence 8 Condominium
No. B-12-03A, Block B, Residence 8 Condominium, No. 8, Jalan Sri Jati 3, 58200 Kuala Lumpur
Residensi Bandar Razak
No. D1-45-11, 45th Floor, Block D1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Minest
No. B-26-17, Residensi Minest, No. 62, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur.
Residensi Tun Razak
No. A-29-12, Residensi Tun Razak, No.83, Jalan Pekeliling Lama, 50400 Kuala Lumpur
Razakcity Residences
No. D4-37-07, Razakcity Residences, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Royalle Condominium
No. 10-05, Royalle Condominium, Jalan 3/61, Bukit Segambut, 51200 Kuala Lumpur.
Parkview Service Apartment
No. 33-2, 33th Floor, Parkview Service Apartment, No. 5, Changkat Perak, Off Lorong Perak, 50250 Kuala Lumpur
Condo Bukit Cheras
No. A2-3-8, Blok A2, Condo Bukit Cheras, Jalan Bukit Cheras 18, Taman Bukit Cheras, 56000 Kuala Lumpur
Kondominium Villa Scott
No. 33-27-9, Kondominium Villa Scott, Jalan Scott, Brickfields, 50470 Kuala Lumpur
Gurney Heights Condominium
No. B-19-4, Block B, Gurney Heights Condominium, Jalan Bukit Keramat, 54000 Kuala Lumpur
The Vistana Condominium
No. 23-B3, The Vistana Condominium, No. 32, Jalan Taiping, 50400 Kuala Lumpur
Apartment Servis J Dupion
No. B-32-01, Apartment Servis J Dupion, Jalan Sembilang, 56000 Kuala Lumpur
Residensi Riverville
No. B-17-10, Blok B, Residensi Riverville, Jalan Taman Sri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Riverville
No. A-21-08, Block A, Residensi Riverville, Jalan Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Parkhill
No. D-28-08, Residensi Parkhill, No. 12, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
6th Floor
No. E1B-06-6, Block B, 6th Floor, The Tamarind, Jalan Sentul Indah, 51100 Kuala Lumpur
SkyVogue Residences
No. A-16-02, SkyVogue Residences, No. 23, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Tower 2
No. 2-11-5, Tower 2, Suite Sentral, No. 248, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 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.