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.
Tower A
No. A-15-06, Tower A, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Tower A
No. A-19-06, Tower A, Residensi Continew, No. 315, Jalan Tun Razak, 50400 Kuala Lumpur
Residensi Inspirasi Mont’ Kiara
No. B-33A-9, Residensi Inspirasi Mont’ Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur
Royal Tower
No. 19-1-4, Royal Tower, Mont' Kiara Palma, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur
Vogue Tower C
No. C-17-6, Vogue Tower C, Mont' Kiara Verve Suites, No. 8, Jalan Kiara 5, Mont Kiara, 50450 Kuala Lumpur
Menara 2
No. M2-25-3, Menara 2, Seri Melawati (also known as Serini Melawati), Jalan Melawati 1, Taman Melawati, 53100 Kuala Lumpur
Kiara Park Condominium
No. A6-1, Block A, Kiara Park Condominium, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Residensi Vivo
No. A-36-06, Residensi Vivo, 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Apartment Service J. Dupion
No. B-12-03, Apartment Service J. Dupion, No. 1, Jalan Sembilang, Taman Tenaga, Cheras, 56000 Kuala Lumpur
Residensi Ikon
No. 1-23-02, Residensi Ikon, Persiaran Dutamas, 50480 Kuala Lumpur
Residensi Inspirasi Mont’ Kiara
No. A-19-3A, Block A, Residensi Inspirasi Mont’ Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur.
Residensi M Oscar
No. S-32-12, Block S, Residensi M Oscar, Jalan Kesateria, Sri Petaling, 57000 Kuala Lumpur
Tower B
No. B-38-02, Tower B, Residensi Sentral Kuchai, No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Damansara Foresta
No. A-19-01, Block A, Damansara Foresta, Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Bayan Desa Petaling
No. B-17-06, Residensi Bayan Desa Petaling (also known as Nidoz Residences @ Desa Petaling), No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi Setiawangsa
No. 01-30-06, Block 1, Residensi Setiawangsa (Kaleidoscope), Jalan 1/56, Taman Setiawangsa, 54200 Kuala Lumpur
Residensi Vyne Sungai Besi
No. C-08-08, Block C, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Gen
No. 1-03A, Residensi Gen, No. 89, Jalan Kuchai 3, Taman Lian Hoe, 58200 Kuala Lumpur
Vogue Tower C
No. C-3-6, Vogue Tower C, Mont' Kiara Verve Suites, No. 8, Jalan Kiara 5, Mont Kiara, 50480 Kuala Lumpur
Residensi Sentral Kuchai
No B-21-02, Block B, Residensi Sentral Kuchai, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Benteng 8
No. 30-3A, Benteng 8, No. 439, Jalan Klang Lama, 58000 Kuala Lumpur
Megan Legasi @ Millerz Square
No. B-28-09, Megan Legasi @ Millerz Square, Jalan Klang Lama, 58000 Kuala Lumpur
Tower B
No. B-09-06, Tower B, Residensi Bayan Desa Petaling (Nidoz Residences), Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi AVA
No. B-08-06, Residensi AVA, Kiara Bay, No. 1, Jalan Benteng Utara, Kepong, 52000 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.