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.
188 Suites
No. B-36-10, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Residensi Pantai Sentral 2
No. 39-1, Residensi Pantai Sentral 2, Jalan Pantai Murni 7, off Jalan Pantai Dalam, Pantai Sentral, 59200, Kuala Lumpur
Bougainvilla Apartment
No. 9B, Bougainvilla Apartment, No. 27, Jalan 1/77B, Off Jalan Changkat Thambi Dollah, 55100 Kuala Lumpur
Riana Green East
No. C-4-8, Riana Green East, Jalan Wangsa Delima 7, Wangsa Maju, 53300 Kuala Lumpur
Residensi Pasir Emas
No. B2-08-3A, Residensi Pasir Emas (D'Sands Residence), No. 6, Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 Kuala Lumpur
Mutiara Residency Condominium
No. 16-2, Mutiara Residency Condominium, No. 69, Jalan Thamby Abdullah, Brickfields, 50470 Kuala Lumpur
Era Segambut
No. B-45-08, Era Segambut, No. 208, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Senada Kiara
No. A-13A-03A, Senada Kiara, Jalan Bukit Kiara 1, Bukit Kiara, 60000 Kuala Lumpur
La Grande Kiara
No. A-8-8, La Grande Kiara, No.11, Jalan Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Residensi Renai Jalil @ The Rainz
No. C-17-05, Block C, Residensi Renai Jalil @ The Rainz, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
Tower C
No. C-6-6, Vogue, Tower C, Mont Kiara, Verve Suites, Jalan Kiara 5, Mont Kiara, 50480 Kuala Lumpur
Residensi KM1
No. A-20-07, 20Th Floor, Block A, Residensi KM1 (West), Jalan Jalil Perkasa 1, 57000 Kuala Lumpur
Menara 2
No. M2-20-03, Menara 2, Serini Melawati, Jalan Melawati 1, Taman Melawati, 53100 Kuala Lumpur
Residensi Sunway Artessa
No. 33A-09, Residensi Sunway Artessa, No. 6, Jalan Seri Wangsa 2, Taman Sri Rampai, Wangsa Maju, 53300 Kuala Lumpur
Idaman Robertson
No. S-13-01, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpur
Residensi Armani Raja Uda
No. 33A-16, Residensi Armani Raja Uda, No. 3, Lorong Raja Uda 1, 50300 Kuala Lumpur
Menara Inspirasi
No. A-43-06, 43rd Floor, Menara Inspirasi, No. 30, Jalan 1/65A, Off Jalan Tun Razak, 50400 Kuala Lumpur
Royal Tower
No 19-2-3, Royal Tower, Mont Kiara Palma, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur
Residensi Duta Park
No. A-45-01, Residensi Duta Park, Jalan Kuching, 51200 Kuala Lumpur.
Quill Residences
No. 9-12, Quill Residences, No. 1018, Jalan Sultan Ismail, 50250 Kuala Lumpur
Residensi Vivo
No. A-33A-03, Residensi Vivo, 9 Seputeh, No. 20, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Residensi Era Novum
No. A-31-6, Block A, Residensi Era Novum, No. 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur
Residensi Ampang Kiri
No. 42-2, Residensi Ampang Kiri, Jalan Ampang Kiri, 55000 Kuala Lumpur
Bangsar Puteri
No. 47-4-8, Bangsar Puteri, No. 41, Jalan Medan Serai, Bukit Bandaraya, 59100 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.