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
28 Boulevard
No. C-41-06, Block C, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Residensi Kuchai Damai
No. B-16-3, Residensi Kuchai Damai, No. 1, Jalan 9/116B, Kuchai Entrepreneurs Park, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
Residensi Bandar Razak
No. A1-16-05, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Skysanctuary 1
No. A-25-06, Residensi Skysanctuary 1, No 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Laman Seri Harmoni
No. C-31-01, Laman Seri Harmoni (LSH33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Residensi Pr1ma Jalan Jubilee
No. 21-8, Residensi Pr1ma Jalan Jubilee, No. 7 Jalan Jubilee, Off Jalan Loke Yew, 55200 Kuala Lumpur
RC Residences
No. D2-11-05, Block D2, RC Residences (Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne Sungai Besi
No. D-8-3A, 8th Floor, Block D, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
Royal Domain Sri Putramas II
No. B2-25-02, Block B2, Royal Domain Sri Putramas II, Jalan Putramas Off Jalan Kuching, 51200 Kuala Lumpur
Residensi 28
No. 32-5, Residensi 28, No. 33, Jalan Kasipillay, Off Jalan Ipoh, 51200 Kuala Lumpur
38 Bidara Service Apartment
No. 17-13/A3, 38 Bidara Service Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Desa Villa Condominium
No. 24-5-2, Block Begonia, Desa Villa Condominium, Jalan Bukit Desa 3, Taman Bukit Desa, 58100 Kuala Lumpur
Villa Wangsamas Kondominium
No. E-16-8, Blok E, Villa Wangsamas Kondominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
PV18 Residences
No. B-41-15, Block B, PV18 Residences, No. 52, Jalan Langkawi, Setapak, 53100 Kuala Lumpur
Residensi Minest
No. B-16-11, Residensi Minest, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Residensi Riana Dutamas 1
No. A-35-15, Residensi Riana Dutamas 1, No. 346, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Villa Wangsamas Condo
No. J-18-7, Tingkat 18, Villa Wangsamas Condo, Blok J, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Pano
No. A-08-09, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
288 Residensi
No. 18-06, 288 Residensi, No.6, Jalan Semarak Api, Off Jalan Gombak, Setapak, 53000 Kuala Lumpur
Sri Putramas Condominium
No. A-12-2, Blok A (Green Park), Sri Putramas Condominium, No. 1, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
28 Bouleverd
No. B-43-01, 28 Bouleverd, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Sri Putramas II
No. A1-12-06, Block A1, Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Kamar Putra
No. 13A-08, Residensi Kamar Putra, No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Bistari Condominium
No. 107-21-3A, Bistari Condominium, Jalan 1/64D, Off Jalan Putra, 50350 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.