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.
Menara Duta 2
No. A-3A-4, Menara Duta 2, Jalan Dutamas Raya, Jaan 1/38B, 51200 Kuala Lumpur
Residensi Skysierra
No. C-07-01, 7th Floor, Block C, Residensi Skysierra (The Valley Residences), No. 12, Jalan Taman Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
Angkasa Impian 2
No. B-13-2, Angkasa Impian 2, Lorong Sahabat, 50200 Kuala Lumpur
Residensi Kenwingston Petaling
No. B-31-03, Residensi Kenwingston Petaling, Lebuhraya Besraya, Taman Salak Selatan, 57000 Kuala Lumpur
Residensi PV 21
No. B-25-02, Residensi PV 21, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 Kuala Lumpur
Suite Servis Suria
No. 6-25, Suite Servis Suria, Jalan Sri Bintang, Segambut, 51200 Kuala Lumpur
Residensi Neksus Taman Pertama
No. 23-11, Residensi Neksus Taman Pertama, No. 1, Jalan Selangat, Cheras, 56100 Kuala Lumpur
Residensi Nest
No. B-25-09, Residensi Nest, Jalan A, Off Jalan Puchong, Kuala Lumpur
Residensi Legasi
No. 08-10, Residensi Legasi, No. 26, Jalan 1/42, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Bandar Razak
No. D3-23A-05, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Anggun Lumayan
No. A-10-03, Anggun Lumayan, No. 18, Jalan Tasik Permaisuri 2, Bandar Tun Razak, 56000 Kuala Lumpur
28 Boulevard
No. C-41-06, Block C, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Tower B
No. B-23A-12, Tower B, Residensi M Vertica, No. 555, Jalan Cheras, 56000 Kuala Lumpur
Residensi Kuchai Damai
No. B-16-3, Residensi Kuchai Damai, No. 1, Jalan 9/116B, Kuchai Entrepreneurs Park, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
Residensi Bandar Razak
No. A2-33-03, Residensi Bandar Razak, No 1, Jalan Razak Mansion, 57100 Sungai Besi, Kuala Lumpur
Laman Seri Harmoni
No. C-31-01, Laman Seri Harmoni (LSH33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Residensi Bandar Razak
No. D1-19-08, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne Sungai Besi
No. D-8-3A, 8th Floor, Block D, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
Residensi M Luna
No. B-50-17, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2 (MRR2), 52100 Kepong, Kuala Lumpur
Royal Domain Sri Putramas II
No. B2-25-02, Block B2, Royal Domain Sri Putramas II, Jalan Putramas Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Skysanctuary 1
No. B-09-07, Block B, Residensi Skysanctuary 1 (Edgewood Residences), No. 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Residensi 28
No. 32-5, Residensi 28, No. 33, Jalan Kasipillay, Off Jalan Ipoh, 51200 Kuala Lumpur
38 Bidara Service Apartment
No. 17-13/A3, 38 Bidara Service Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Residensi M Arisa Pelangi
No. B-43-12, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 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.