1646 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.
Residensi Bandar Razak
No. D3-39-05, Block D3, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
KL Traders Square
No. E-10-03A, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Tower 3
No. 3-19-02, Tower 3, M City, Jalan Ampang, 50450 Kuala Lumpur
Residensi Legasi
No. 13A-06, Residensi Legasi, No. 26, Jalan 1/42, Off Jalan Kuching, 51200 Kuala Lumpur
Suite Vivo
No. S-15-11, Suite Vivo, 9 Seputeh, No. 20, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Pangsapuri Suite Danau Kota
No. 16-1, Pangsapuri Suite Danau Kota, Jalan 6A/6, Off Jalan Taman Ibu Kota, Danau Kota, 53300 Kuala Lumpur.
Residensi Kenwingston Petaling
No. A-10-02, Residensi Kenwingston Petaling, Lebuhraya Besraya, Taman Salak Selatan, 57000 Kuala Lumpur
Pangsapuri Suite Danau Kota
No. B-15-02, Block B, Pangsapuri Suite Danau Kota, No. 1, Jalan 6A/6, Off Jalan Taman Ibu Kota, Danau Kota, 53300 Kuala Lumpur
Residensi M Centura
No. B-35-10, Residensi M Centura, No.17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Residensi Pasir Emas
No. B2-21-01, Block B2, Residensi Pasir Emas, Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 Kuala Lumpur
Hijauan Aster Sri Petaling
No. 25-05, Hijauan Aster Sri Petaling, No. 111, Jalan 2/149, Taman Salak Selatan, 57000, Kuala Lumpur
Bandar Damai Perdana
No. A-19-07. Damai Hillpark, Jalan Damai Perdana 6/1F, Bandar Damai Perdana, 56000 Cheras, Selangor
Residensi Parkhill
No. D-10-13, Block D, Residensi Parkhill, No. 12, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
Residensi Parkhill
No. D-10-13, Block D, Residensi Parkhill, No. 12, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
Dex Suite
No. B-13A-7, Dex Suite, No. 7, Jalan 3/18A, Taman Mastiara, 51200 Kuala Lumpur
Tower A
No. A-05-02, Tower A, Residensi Riana Dutamas 2, No. 352, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Residensi Rampai II
No. B-23A-5, Residensi Rampai II, No. 2, Jalan Rejang 15, Setapak, 53300 Kuala Lumpur
Tower A
No. A-36-08, Tower A, Residensi M Astra, No.1, Jalan Usahawan 6, Setapak 53300 Kuala Lumpur
Residensi M Astra
No. A-39-15, Residensi M Astra, No. 1, Jalan Usahawan 6, 53200 Setapak, Kuala Lumpur
KLTS
No. D-9-11, Block D, KLTS, No.99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
6th Floor
No. C-6-4, 6th Floor, Block C, Warisan Cityview, Jalan 3/93A, Off Batu 2 1/2, Jalan Cheras, 56100, Kuala Lumpur
Pangsapuri Servis Desa Sentul
No. 22-10, Pangsapuri Servis Desa Sentul, No. 10, Jalan Sentul Perdana, Sentul 51000 Kuala Lumpur
Anjung Villa Condominium
No. A-1-11, Anjung Villa Condominium, No. 47, Jalan 1/48A, Sentul Perdana, Bandar Baru Sentul, 51000 Kuala Lumpur
Residensi M Arisa Pelangi
No. A-50-02, 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 1646 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.