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.
6th Floor
No. E1B-06-6, Block B, 6th Floor, The Tamarind, Jalan Sentul Indah, 51100 Kuala Lumpur
Midfields 2 Condominium
No. E-3A-2, Block E, Midfields 2 Condominium, No. 3, Jalan Besi Kawi, Off Lebuhraya Sungai Besi, 57100 Kuala Lumpur
Tower C
No. C-49-02, Tower C, Residensi Skysierra (The Valley), No. 12, Jalan Taman Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
The Pano
No. B-16-09, The Pano, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Residensi Arun Kepong
No. A-15-3A, Residensi Arun Kepong, No. 187, Pintasan Segambut, 52000 Kuala Lumpur
Desa Green Serviced Apartments
No. 2-23-12, Desa Green Serviced Apartments, (Kompleks Hijauan Desa), No 85, Jalan Desa Bakti, 58000 Kuala Lumpur
Residensi Mizumi
No. E-33A-08, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100, Kuala Lumpur
RC Residences
No. D2-13A-3A, Block D2, RC Residences (Also Known As Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur.
KL Traders Square
No. C-09-05, 9th Floor, Block C, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi Bandar Razak
No. A4-17-09, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Bandar Razak
No. D1-12-12, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
KL Traders Square
No. C-20-03A, 20th Floor, Block C, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
The Annex @ Medan Connaught
No. 13A-3, The Annex @ Medan Connaught, Jalan 3/144A, 56000 Kuala Lumpur
288 Residensi
No. 19-03, 288 Residensi, No. 6, Jalan Semarak Api, Off Jalan Gombak, Setapak, 53000 Kuala Lumpur
Puncak Sentul
No. B-27-3A, Block B, Puncak Sentul (Formerly Known As Sentul Point), No. 8, Jalan Sentul Perdana, 51000 Kuala Lumpur
Ekocheras
No. J-22-07, Ekocheras, No. 693, Jalan Cheras, Batu 5, 56000 Kuala Lumpur
Residensi Ascenda
No. C-3-1, Residensi Ascenda, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Residensi Piksel Permaisuri II
No. 28-06, Residensi Piksel Permaisuri II, (Nikka City Sentral), No. 2A, Jalan Sri Permaisuri 6, Bandar Sri Permaisuri, 56000 Kuala Lumpur.
Residensi Bandar Razak
No. D4-42-3A, Block D4, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Bintang Bukit Jalil
No. 1-23-06, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Residensi Bandar Razak
No. D4-31-3, Residensi Bandar Razak, (on-site is No. D4-31-03, RC Residences), Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
RC Residences
No. A1-23-05, Block A1, RC Residences (Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Pano
No. B-09-01, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
South Tower
No. S-32-08, South Tower, Swiss Garden Residences, No. 2A, Jalan Galloway, 50150 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.