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.
Tower 2
No. 2-18-03, Tower 2, Residensi Bintang Bukit Jalil, No. 1, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Residensi Sentral Kuchai
No. A-22-11, Residensi Sentral Kuchai, No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Sri Putramas II Condominium
No. B2-22-06, 22nd Floor, Block B2, Sri Putramas II Condominium, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Riana Dutamas 1
No. B-08-07, Block B, Residensi Riana Dutamas 1 (Savio), No. 346, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Saville Residence
No. 15-6, Saville Residence (On site is Idaman KL 128), Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Vyne Sungai Besi
No. D-13A-02, Residensi Vyne Sungai Besi, No 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Henna
No. C-22-02, Residensi Henna, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Tower B
No. B-38-08, Tower B, Residensi Trofi 1 (Also Known as Trion @ KL), No 1, Jalan Dua, Sungai Besi, 55200 Kuala Lumpur
Residensi Harmoni
No. A-39-03, Block A, Residensi Harmoni, No 1, Jalan Awan Makmur, Taman OUG, 51200 Kuala Lumpur
Benteng 8
No. 10-10, Benteng 8 (Skyville 8), No. 439, Jalan Klang Lama, 58000 Kuala Lumpur
Tower A
No. A-08-09, Tower A, The Saffron Condominium, No. 1, Jalan Sentul Indah, 51100 Kuala Lumpur
Rafflesia
No. A-19-7, Block A, Rafflesia, Jalan 6/48A, Sentul Perdana, Bandar Baru Sentul, Kuala Lumpur
Residensi M Arisa Pelangi
No. A-18-03A, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Residensi Sentral Kuchai
No. B-38-03, Residensi Sentral Kuchai (Kuchai Sentral), No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Regalia Service Apartment
No. B-18-01, Regalia Service Apartment, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
188 Suites
No. A-10-06, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
South Tower
No. S-23-11, 23rd Floor, South Tower, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpur
Quill Residences
No. 13A-13, Quill Residences, No. 1018, Jalan Sultan Ismail, 50250 Kuala Lumpur
Residensi Waltz
No. N-27-08, 27th Floor, Residensi Waltz, No. 1, Jalan Awan Besar, Taman Overseas Union, 58200 Kuala Lumpur
Residensi Riverville
No. A-25-01, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Residensi Vyne
No. D-23A-05, Residensi Vyne, Jalan 1/108D, 57100 Kuala Lumpur
The Pano
No. A-16-03A, The Pano, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Residensi M Luna
No. A-42-12, 42nd Floor, Block A, Residensi M Luna, No. 888, Jalan Lingkaran Tengah (MRR2), Kepong, 52100 Kuala Lumpur
Pixel City Sentral
No. 18-13, Pixel City Sentral (Residensi Piksel Permaisuri), No. 10, Jalan Sri Permaisuri 10, Bandar Sri Permaisuri, 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.