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
Pangsapuri Bukit Awansari
No. 17-10-3, Tingkat 10, Pangsapuri Bukit Awansari (OG Court), No. 17, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Platinum Lake Condominium
No. A-16-02, 16th Floor, Block A, PV10, Platinum Lake Condominium, Jalan Danau Saujana 2, Taman Danau Kota, 53300 Kuala Lumpur
Menara Menjalara
No. E-6-7, Block E, Menara Menjalara, Jalan 1/62B, Bandar Sri Menjalara, 52200 Kuala Lumpur
Angkasa Condominium
No. C-27-08, Block C, Angkasa Condominium, Jalan Puncak Gading, Taman Seri Cendekia, 56000 Kuala Lumpur
Residensi M Centura
No. A-13-03A, Residensi M Centura, No. 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Taman Sri Endah
No. 5-2-1, Jalan 3/149B, Taman Sri Endah, 57000,Sri Petaling, Kuala Lumpur
SD Courts Persiaran Kenanga
No. C-4-9, Block C, SD Courts Persiaran Kenanga, Bandar Sri Damansara, 52200 Petaling Jaya, Kuala Lumpur
34th Floor
No. T3-33A-05, 34th Floor, Arte+ @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
Residensi Vista Wirajaya
No. A-33A-19, Residensi Vista Wirajaya, Jalan 1/23e, Taman Melati, 53300, Kuala Lumpur
The Scott Garden
No. A-20-31, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
Danau Impian Condominium
No. 17-3-5, Block 17, Block Canary, Danau Impian Condominium, Jalan 3/109F, Taman Danau Desa, 58100 Kuala Lumpur
Sri Pelangi Condominium
No. 126-2-16, Blok 126, Sri Pelangi Condominium, Jalan Genting Kelang, Setapak, 53300 Kuala Lumpur
Ampang Tiga
No. A-41-07, Ampang Tiga, No. 6, Jalan Nipah, Ampang, 55000 Kuala Lumpur
Residensi PR1MA Alam Damai
No. B4-32-05 (on-site is Blok B4), Residensi PR1MA Alam Damai, No. 8, Persiaran Bistari Alam Damai Cheras, 56000 Kuala Lumpur
Residensi Awani 3
No. C-39-07, Block C, Residensi Awani 3 (sky Awani III Residence), No. 2, Jalan Santuari 2, 53200, Setapak, Kuala Lumpur
Ayuman Suites
No. A-18-08, Jalan Sentosa 2, Ayuman Suites, 53100 Gombak, Selangor
Residensi Pandanmas 2
No. D-28-06, Residensi Pandanmas 2, Lorong Delapan, Kampung Pandan, 55100 Kuala Lumpur.
Laman Seri Harmoni
No. B-09-09, Laman Seri Harmoni (Lsh33) No. 3, Jalan Batu Muda Tambahan 3, 51100 Sentul, Kuala Lumpur
Residensi Max Kolam Air
No. A-32-13, Residensi Max Kolam Air No. 61, Jalan Kolam Air 6, Kasipillay, 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
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.