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.
Tiara Faber Condominium
No. D-5-5, Block D, Tiara Faber Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Residensi Pano
No. A-08-02, Residensi Pano, No. 556, Batu 3 ½ , Jalan Ipoh, 51200 Kuala Lumpur
20th Floor
No. A-20-1, 20th Floor, Block A, Petalz Residences @ Old Klang Road, Off Jalan Klang Lama, 58000 Kuala Lumpur
Residensi MH Platinum 2
No. A-19-13A, Residensi MH Platinum 2, Jalan Usahawan 6, Setapak Jaya 2, 53200 Kuala Lumpur
Anjung Villa Condominium
No. C-0-3, Anjung Villa Condominium, Jalan 1/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Dynasty Garden
No. A-3A-7, Dynasty Garden, No. 5, Jalan Kuchai Maju 12, Kuchai Entrepreneurs Park, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
Residensi Arun Kepong
No. B-28-08, Residensi Arun Kepong, No. 187, Pintasan Segambut, 52000 Kuala Lumpur
Cormar Suites
No. B-26-10, Cormar Suites (formerly known as Fraser Place), Lot No. 163, No. 10, Jalan Perak, 50250 Kuala Lumpur
The Pano
No. B-15-06, The Pano, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Residensi Vista Sentul
No. B-43A-10, Residensi Vista Sentul, No. 28, Jalan Sinar Sentul 4, Sentul, 51100 Kuala Lumpur
Residensi Neksus Taman Pertama
No. 17-10, Residensi Neksus Taman Pertama, No. 1 Jalan Selangat, Cheras, 56100 Kuala Lumpur
Residensi Kenwingston Petaling
No. A-26-05, Block A, Residensi Kenwingston Petaling, No. 368, Lebuhraya Besraya, Salak Selatan, 57000 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. A-18-13A, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Residensi M Centura
No. B-17-09, Residensi M Centura, No. 17, Jalan Sentul Perdana, 51000 Setapak, Kuala Lumpur
Putra Villa Condominium
No. B-6-12, Block B, Putra Villa Condominium, Jalan Terminal Putra, Taman Melati, 53100 Kuala Lumpur
Residensi Majestic Maxim
No. A-32-07, Residensi Majestic Maxim, No. 45, Jalan 9, Taman Bukit Cheras, 56000 Kuala Lumpur
M City
No. 1-27-06, Block 1, M City, Jalan Ampang, 50450 Kuala Lumpur
Endah Puri Condominium
No. B-12-02, Endah Puri Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Residensi M Oscar Petaling
No. N-23-3A, Residensi M Oscar Petaling, No. 2, Jalan Kesateria, Sri Petaling, 57100 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
Residensi Mh Platinum
No. 08-10, Residensi Mh Platinum, No. 2, Jalan Gombak Sejahtera, Off Jalan Gombak, Setapak, 53000, Kuala Lumpur
Villa Scott Condominium
No. 33-13A-11, 13A Floor, Villa Scott Condominium, Jalan Scott, Brickfields, 50470 Kuala Lumpur
Pangsapuri Bayu Sentul
No. A-21-7, Pangsapuri Bayu Sentul, Jalan Dato Senu 3, Taman Dato Senu, 51000 Kuala Lumpur
Residensi Vivo 9 Seputeh
No. A-23-05, Residensi Vivo 9 Seputeh, Off Jalan Klang Lama, 58000 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.