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
Robson Condominium
No. 10-09-3A, Robson Condominium, Blok A, Persiaran Syed Putra 2, 50460 Kuala Lumpur
Residensi Ascenda
No. B-23A-05, Residensi Ascenda, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Residensi Kerinchi
No. 13-17, Residensi Kerinchi, No. 1, Lorong Kerinchi Kiri 1, 59200 Kuala Lumpur
Mentari Condo
No. C-12-4, Blok C, Mentari Condo, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur
GCB Court
No. 332B-5, 5th Floor, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
Plaza KLTS
No. C-13-08, Plaza KLTS, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Villa Pandan 4
No. 3A-1101, Level 11, Block 3A, Villa Pandan 4, Jln Pandan Indah 1/16, Pandan Indah, 55100 Kuala Lumpur
Dover Park Sri Putramas Condominium
No. E-8-6, Dover Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200, Kuala Lumpur
Anjung Hijau Apartment
No. D-5-1, Block D, Anjung Hijau Apartment, Jalan 1/155B, Bukit Jalil, 57000 Kuala Lumpur
GCB Court
No. 332B-2J, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
Oakwood Park Sri Putramas Condominium
No. B-3A-06, Oakwood Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
PV 12 Platinum Lake Condo
No. B-7-8, Blok B, PV 12 Platinum Lake Condo, Jalan Langkawi, 53300 Kuala Lumpur
Residensi Platinum Teratai
No. 29-05, Residensi Platinum Teratai, No, 2, Jalan Kuraman Setapak, 53000 Kuala Lumpur
Residensi Kamar Putra
No. 19-18, Residensi Kamar Putra, No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Tower B
No. B-28-03, Tower B, Astoria Ampang (Residensi Xtreme Meridian), Jalan Bemban, 55000 Kuala Lumpur
Parklane OUG Service Apartment
No. B1-7-2, Parklane OUG Service Apartment, Blok B1, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
The Annex @ Medan Connaught
No. 13-3A, The Annex @ Medan Connaught, Jalan 3/144A, 56000 Kuala Lumpur
Casa Prima
No. 23-3A, Casa Prima, Jalan Metro 2, Metro Prima, 52100 Kuala Lumpur
Apartment Seri Gembira
No. 2-7-2, Apartment Seri Gembira, Jalan Terolak 9, Taman Bamboo, 51200 Kuala Lumpur
Arte Cheras
No. C1-37-10, Arte Cheras, No. 689, Jalan Cheras, Taman Midah, Cheras, 56000 Kuala Lumpur
Residensi Vyne
No. D-21-03, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Parklane OUG Service Apartment Block C1
No. C1-7-10, Parklane OUG Service Apartment Block C1, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Menara 2
No. M2-19-2, Menara 2, Seri Melawati, Jalan Melawati 1, Taman Melawati, 53100 Kuala Lumpur
Tower A
No. A-20-13A, Tower A, The Scott Garden, Soho Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58200 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.