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.
Quill Residences
No. 26-10, Quill Residences, No. 1018, Jalan Sultan Ismail, 50250 Kuala Lumpur
Ceriaan Kiara
No. A-12-02, Block A, Ceriaan Kiara, Jalan Kiara 3, Mont' Kiara, 50480 Kuala Lumpur
Kondominium Irama Wangsa
No. C-13A-6, Kondominium Irama Wangsa, No. 5, Jalan 3/27E, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
Residensi Chambers
No. 26-03, Residensi Chambers (Also Known As Residensi Kamar Putra), Jalan Ipoh Kecil, 50350 Kuala Lumpur
Royal Regent Condominium
No. C2-12-03, Royal Regent Condominium, Sri Putramas III, Jalan Putramas 2, Off Jalan Kuching, 52100 Kuala Lumpur
Astoria Ampang
No. B-16-05, Block B, Astoria Ampang, Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur.
M-City
No. 2-17-01, M-City, Jalan Ampang, 50450 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
Tower A
No. A-08-03, Tower A, Residensi Bayan Desa Petaling (Nidoz Residences), Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi Permai Impian
No. A-11-10, Residensi Permai Impian, No. 2A, Jalan Jalil 2, Bukit Jalil, Kuala Lumpur
29th Floor
No. N-29-09, 29th Floor, No. 2, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpur
Kompleks Rimbun Scott Garden
No. B-23A-02, Blok B, Kompleks Rimbun Scott Garden, No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
Verve Suites KL South
No. A-11-8, Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
188 Suites
No. A-17-02, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Kiara I
No. 35-09, Kiara I, Jalan Kiara, Mon't Kiara, 50480 Kuala Lumpur
Idaman Robertson
No. S-45-07, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpur
Residensi Rimba Pantai Dalam
No. B-09-16, Residensi Rimba Pantai Dalam, No. 6, Jalan Pantai Sentral 3, Pantai Dalam, 59200 Kuala Lumpur
Residensi Era Novum
No. C-35-7, Residensi Era Novum, No 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur
Apartment Service J Dupion
No. A-19-01, Apartment Service J Dupion, Jalan Sembilang, 56000 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
Pinnacle Sri Petaling
No. B-26-05, Block B, Pinnacle Sri Petaling, No. 1, Jalan Radin Anum 1, Sri Petaling, 57000 Kuala Lumpur
Residensi Skysierra
No. C-25-10, Residensi Skysierra (Also Known As The Valley), No. 12. Jalan Taman Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
Millerz Square
No. A-09-10, Millerz Square, No. 357, Jalan Kelang Lama, 58000 Kuala Lumpur
Residensi Pano
No. A-19-3A, Residensi Pano, No. 556, Batu 3 ½, Jalan Ipoh, 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
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.