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.
Residensi Pano
No. A-18-3A, Residensi Pano, No. 556, Batu 3 ½, Jalan Ipoh, 51200, Kuala Lumpur
Residensi Chymes Gurney
No. B-19-01, Residensi Chymes Gurney, No. 79, Jalan Persiaran Gurney, 54000 Kuala Lumpur
The Elements
No. B-07-01, The Elements, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
The Elements
No. B-08-01, The Elements, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
Quill Residences
No. 8-12, Quill Residences, No. 1018, Jalan Sultan Ismail 50250, Kuala Lumpur
188 Suites
No. B-33-3A, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Greenpark Condominium
No. A16-01, 16th Floor, Block A, Greenpark Condominium, Jalan Awan Pintal, Taman Yarl, 58200 Kuala Lumpur
Residensi Riverville
No. A-23A-05, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Residensi Arun Kepong
No. A-25-07, Residensi Arun Kepong, No. 187, Pintasan Segambut, Segambut, 52000 Kuala Lumpur
Residensi Era Novum
No. A-40-8, Residensi Era Novum, No. 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur
Residensi Bennington
No. A-16-08, Residensi Bennington, No. 1, Jalan Arena 1, 53200 Setapak, Kuala Lumpur
Wisma Infinitum
No. B-13A-09, Wisma Infinitum, No. 18, Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur
Residensi Setiawangsa
No. 3A-17-01, Residensi Setiawangsa, No. 20, Jalan 1/56, Taman Setiawangsa, 54200 Kuala Lumpur
Pangsapuri Vista Amani
No. B-18-3, Pangsapuri Vista Amani, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Residensi Riverville
No. B-05-03, Block B, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000 Kuala Lumpur
Villa Orkid
No. C-11-06, Villa Orkid, Jalan Prima Pelangi 7, 51200 Kuala Lumpur
Catalina Villa
No. 312A-1-2, Jalan Ampang, Catalina Villa, 50450 Kuala Lumpur
Residensi Trofi 1
No. A-58-03, Residensi Trofi 1 (Trion KL), No. 1, Jalan Dua, Sungai Besi, 52200 Kuala Lumpur
Kuchai Avenue Block 1
No. 1-13A-13A, Kuchai Avenue Block 1, Jalan Kuchai Maju 3, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
Residensi Altris
No. A-27-05, Residensi Altris, No. 3, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Residensi M Adora Wangsa
No. B-18-07, 18th Floor, Block B, Residensi M Adora Wangsa, Jalan Wangsa Melawati 1, 53300 Kuala Lumpur
Residensi Peel
No. 36-03, Residensi Peel (UNA), Lorong Peel, 55100 Kuala Lumpur
Residensi Laville
No. C-23A-07, Block C, Residensi Laville, No. 5, Lorong Peel, Taman Maluri, Cheras, 55100 Kuala Lumpur
Residensi Legenda
No. B-21-08, Block B, Residensi Legenda (Legend Heights @ Sri Segambut), No. 61, Jalan Udang Siar, Taman Sri Segambut, 52200 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.