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
Residensi Mizumi
No. E-33A-08, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100, Kuala Lumpur
Residensi Bintang Bukit Jalil
No. 1-23-06, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Residensi Bandar Razak
No. D4-31-3, Residensi Bandar Razak, (on-site is No. D4-31-03, RC Residences), Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
South Tower
No. S-32-08, South Tower, Swiss Garden Residences, No. 2A, Jalan Galloway, 50150 Kuala Lumpur
Residensi Piksel Permaisuri
No. 15-10, Residensi Piksel Permaisuri, No. 10, Jalan Sri Permaisuri 10, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Residensi Bandar Razak
No. D4-42-3A, Block D4, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Pano
No. B-09-01, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Casa Vista Condominium
No. 17A-4-1, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
Casa Vista Condominium
No. 17A-4-2, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
Menara Verve Suites
No. A-11-08, Menara Verve Suites, Jalan Klang Lama, 58000 Wilayah Persekutuan Kuala Lumpur.
Residensi Kamar Putra
No. 29-11, Residensi Kamar Putra (Chambers Residence), No.2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Verve Suites KL South
No. A-13A-8, Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Riverville
No. A-26-08, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000, Kuala Lumpur
PV 2 (On-Site Is Block A
No. A-9-2, PV 2 (On-Site Is Block A, PV 2 Platinum Hill), Jalan Taman Melati 1, Taman Melati Utama, 53100 Kuala Lumpur
Tower E
No. E-15-3A, Tower E, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Villa Wangsamas Condominium
No. D-15-3A, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Mizumi
No. E-09-05, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Residensi Bandar Razak
No. D4-32-3A, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
KL Traders Square
No. E-33-09, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Intan Tower
No. N-02-03, Intan Tower, Maskiara Residences, No. 293, Jalan Datuk Sulaiman, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Residensi Vyne
No. D-16-03, Tingkat 16, Block D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Extreme Meridian
No. C-16-06, Block C, Residensi Extreme Meridian, Taman Residensi Extreme Meridian, 55000 Kuala Lumpur
Residensi PV 21
No. B-25-02, Residensi PV 21, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 Kuala Lumpur
Suite Servis Suria
No. 6-25, Suite Servis Suria, Jalan Sri Bintang, Segambut, 51200 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.