1727 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.
Pangsapuri Richmond Kiara 3
No. 13A-1, 14th Floor, Pangsapuri Richmond Kiara 3, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
Residensi Pano
No. B-09-07, Residensi Pano, 556, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Tower B
No. B1-15-2, Tower B, MyHabitat, No. 3, Jalan Aman, Off Jalan Tun Razak, 55000 Kuala Lumpur
Damansara Foresta
No. A-29-02, Block A, Damansara Foresta (Fasa 1), Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Armani Petaling
No. A-19-5, Block A, Residensi Armani Petaling, No. 10, Jalan Mandarina Damai 1, Bukit Mandarina 56000 Kuala Lumpur
188 Suites (on-site is Tower Two
No. B-20-01, 188 Suites (on-site is Tower Two, Sfera Residence), Jalan Chendana, 50250 Kuala Lumpur.
Idaman Robertson 2
No. S-13-11, Idaman Robertson 2, Jalan Robertson, 50150 Kuala Lumpur
Sunway Velocity Two
No. B-15-08, Sunway Velocity Two, No. 158, Jalan Peel, 55100 Kuala Lumpur
Sunway Artessa
No. 32-03, Sunway Artessa, Jalan Seri Wangsa 2, Taman Sri Rampai, Wangsa Maju, 53300 Kuala Lumpur
Residensi Dedaun Mas
No. B-16-09, Residensi Dedaun Mas, No. 411, Jalan Klang Lama, 58000 Kuala Lumpur.
Amaya Maluri
No. 5-08, Amaya Maluri, Jalan Jejaka 2, 55100 Kuala Lumpur
Residensi Skyline
No. A-27-05, Residensi Skyline, Jalan San Peng, 55200 Kuala Lumpur
Tower D
No. D-33A-07, Tower D, The Era @ Duta North (Residensi Era), No. 208, Jalan Segambut, 51200 Kuala Lumpur
Residensi Bayan Desa Petaling
No. C-13-02, Block C, Residensi Bayan Desa Petaling, No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Regalia Service Apartment
No. A-09-08, Block A, Regalia Service Apartment, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Millerz Square
No. C-30-10, Millerz Square, No. 357, Jalan Kelang Lama, 58000 Kuala Lumpur
Residensi Bayan Desa Petaling
No. A-13A-07, Residensi Bayan Desa Petaling (Nidoz Residences), Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi The Address II
No. C-10-03, Residensi The Address II, Jalan Desa Bakti 2, Taman Desa, 58100 Kuala Lumpur
Millerz Square
No. B-31-03, Millerz Square, No. 357, Jalan Kelang Lama, 58000 Kuala Lumpur
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
Royal Regent Condominium
No. C2-12-03, Royal Regent Condominium, Sri Putramas III, Jalan Putramas 2, Off Jalan Kuching, 52100 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 Permai Impian
No. A-11-10, Residensi Permai Impian, No. 2A, Jalan Jalil 2, Bukit Jalil, 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 1727 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.