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.
637 apartment / condo lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 450,000, 42.7% at exactly the reserve. See sold prices
Parklane Oug Service Apartment
No. E1-16-13, Parklane Oug Service Apartment, No 1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Desa Green Serviced Apartments
No. 2-22-9, Desa Green Serviced Apartments, (Kompleks Hijauan Desa), Jalan Desa Bakti, 58000 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 13A-09, Pangsapuri Vista Danau Kota, Jalan Danau Saujana 1, 53300 Setapak, Kuala Lumpur
Parklane Oug Service Apartment-Blok B2
No. B2-30-2, Parklane Oug Service Apartment-Blok B2, No.1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Residensi Semarak Platinum
No. A-08-03, Residensi Semarak Platinum, (On-Site Known As Platinum Splendor, Residensi Semarak), No. 4, Jalan Lestari, Kampung Padang Tembak, 54000 Kuala Lumpur
Taman Miharja
No. 29C1-10-8, Blok 29C1, Jalan Palong, Taman Miharja, 55200 Kuala Lumpur
Residensi Awani 3
No. C-23A-10, Residensi Awani 3, Jalan Santuari 2, 53200 Setapak, Kuala Lumpur
Residensi Awani IV
No. A2-13-05, Residensi Awani IV, No. 6, Jalan Santuari Utama, Setapak, 53100 Kuala Lumpur
Tower 2
No 2-32-6, Tower 2, Residensi Opus, No 8, Jalan Talalla, 50460 Kuala Lumpur
Residensi Ampang Kiri
No. 42-2, Residensi Ampang Kiri, Jalan Ampang Kiri, 55000 Kuala Lumpur
Menjalara 18
No. B-3A-3, Menjalara 18 (Block B), Lebuh Menjalara (Jalan 1/62B), Bandar Menjalara, 52200 Kuala Lumpur
Residensi Emerald Damai 2
No. C-20-03A, Residensi Emerald Damai 2, Jalan Cheras 10, Taman Desa Cheras, Cheras 56000 Kuala Lumpur
The Scott Garden SOHO
No. C-20-09, Tingkat 20, Blok C, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Endah Puri Condominium
No. B-12-02, Endah Puri Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Seasons Garden Residensi
No. C-35-2, Seasons Garden Residensi, Lot 7, No. 7, Jalan 1/27e, Seksyen 10, Wangsa Maju, 53300, Kuala Lumpur
Laman Seri Harmoni
No. C-28-06, Laman Seri Harmoni (Lsh33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Residensi Pr1ma
No. B3-41-02, Block B3, Residensi Pr1ma, Persiaran Bistari, 56000, Alam Damai, Kuala Lumpur
The Scott Garden Soho
No. B-12-07, The Scott Garden Soho, Block B, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000, Kuala Lumpur
The Scott Garden Soho
No. C-13A-21, The Scott Garden Soho, Jalan Klang Lama, Kompleks Rimbun Scott 289, 58000, Kuala Lumpur
Sri Pelangi Condominium
No. 128-16-11, Block 128, Sri Pelangi Condominium, Jalan Genting Kelang, Setapak, 53300, Kuala Lumpur
Tower A
No. A-12-13, Level 14, Tower A, Scott Garden Soho, Kompleks Rimbun Scott, No.289, Jalan Klang Lama, 58000, Kuala Lumpur
Mid Valley City
No. A-17-6, Aras 17, Northpoint Residences, Medan Syed Putra Utama, Mid Valley City, 59200 Kuala Lumpur
Plaza Mont' Kiara
No. E-07-14, Block E, Plaza Mont' Kiara, No. 2, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur
Casa Kiara
No. B-19-3, Casa Kiara (BLK-B), Jalan Kiara 3, 50480 Mont Kiara, 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?+
637 apartment / condo lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 450,000, 42.7% 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.