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
Pavilion Hilltop Mont' Kiara
No. C-03-06, Pavilion Hilltop Mont' Kiara, No. 5, Changkat Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Parklane Oug Service Apartment - Block A4
No. A4-0-41, A4-1-41 & A4-2-41, Parklane Oug Service Apartment - Block A4, No 1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Residensi Gen
No. 3A-03, Residensi Gen, Jalan Kuchai 3, Taman Lian Hoe, 58200 Kuala Lumpur
Residensi Pudu Alam Rekreasi
No. 33-12, Residensi Pudu Alam Rekreasi (Parc 3), No. 5, Jalan Pudu Perdana, 56100 Kuala Lumpur
Sky Suites @ KLCC
No. C-30-5, Sky Suites @ KLCC, Jalan P Ramlee, Kuala Lumpur
Tower B
No. B-13A-01, Tower B, Residensi Sentral Kuchai (Kuchai Sentral), No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58100 Kuala Lumpur
Millerz Square
No. A-41-08, Millerz Square, No 357, Jalan Kelang Lama, 58000 Kuala Lumpur
Twy Condominium
No. S-19-10, South Block, Twy Condominium, No. 21, Jalan Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Residensi Fera
No. A-08-02, Residensi Fera, No. 1, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Residensi PV18
No. B-13A-3A, Block B, Residensi PV18, No. 52, Jalan Langkawi, Setapak, Kuala Lumpur
Residensi Waltz
No. N-8-05, Residensi Waltz, Jalan Awan Besar, Taman Overseas Union, 58200 Kuala Lumpur.
Residensi Semarak Platinum
No. C-09-02, Residensi Semarak Platinum (Splendor), Kampung Padang Tembak, Jalan Lestari, 54000 Kuala Lumpur
Benteng 8
No. 30-3A, Benteng 8, No. 439, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Damai Indah
No. 32-09, Residensi Damai Indah, No. 326, Jalan Sungai Besi, 57100, Kuala Lumpur
Residensi Henna
No. C-09-02, Residensi Henna, No. 2, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Residensi M Vertika
No. E-40-12, Residensi M Vertika, No. 555, Jalan Cheras, 56000 Kuala Lumpur
Residensi Pano
No. B-07-01, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Residensi Hijauan Bukit Jalil
No. C-L17-05, Residensi Hijauan Bukit Jalil, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
Tower B
No. B-38-08, Tower B, Residensi Trofi 1 (Also Known as Trion @ KL), No 1, Jalan Dua, Sungai Besi, 55200 Kuala Lumpur
Residensi Shamelin Star
No. C-18-11, Residensi Shamelin Star, Jalan 4/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur
Residensi Ascenda
No. A-27-03A, Residensi Ascenda, No. 3, Jalan Arena 1, 53200 Setapak, Kuala Lumpur
Residensi M Astra
No. B-22-09, Residensi M Astra, No.1, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Residensi Tun Razak
No. A-23A-7 (On-Site Tower A), Residensi Tun Razak (On-Site Tr Residence), No 83, Jalan Pekeliling Lama, 50400 Kuala Lumpur
Kl Traders Square
No. D-37-10, Block D, Kl Traders Square, No. 99, Jalan Gombak, Setapak, 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.