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 Sri Damansara
No. B-10-5,10th Floor, Blok B, Menara Sri Damansara, Jalan Magosa SD 10/1E, 52200, Bandar Sri Damansara,Petaling Jaya, Selangor
Kuchai Avenue
No. 1-20-05, Block 1, Kuchai Avenue, Jalan Kuchai Maju 13, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
M Arisa Residences
No. A-36-06, M Arisa Residences, Jalan Sentul Pasar, 51000 Kuala Lumpur
Regalia Service Apartment
No. C-31-09, Regalia Service Apartment, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Dynasty Garden Condominium
No. B-2-6, Block B, Dynasty Garden Condominium, Jalan Kuchai Maju 12, Kuchai Entreprenuers Park, 58200 Kuala Lumpur
Kondo Casa Idaman
No. B-16-15, Blok B, Kondo Casa Idaman, Jalan 1/12d, Kampung Batu Muda, 51100 Kuala Lumpur
Residensi Vyne
No. D-19-03, Blok D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Seasons Garden
No. C-28-3A, 28th Floor, Block C, Seasons Garden, Jalan 1/27E, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
Pangsapuri Bayu Pandan Jaya
No. B-9-2A, Pangsapuri Bayu Pandan Jaya, Jalan Pandan 3/11, Pandan Jaya, 55100 Kuala Lumpur
Residensi PR1MA Jalan Jubilee
No. 12-21, Residensi PR1MA Jalan Jubilee, No. 7, Jalan Jubilee, Off Jalan Loke Yew, 55200 Kuala Lumpur
Pangsapuri Delima
No. J1-2-14, Pangsapuri Delima, Blok J1, Desa Pandan, Jalan Kampung Pandan, 55100 Kuala Lumpur
KL Traders Square
No. A-38-16, KL Traders Square, No. 99, Jalan Gombak, 53000 Setapak, Kuala Lumpur
Endah Regal Condominium
No. A-3-5, Endah Regal Condominium, Jalan 3/149E, Taman Seri Endah, 57000 Kuala Lumpur
Verve Suites
No. D-22-5, Verve Suites, Jalan Kiara 5, Mont Kiara, 50480 Kuala Lumpur
30th Floor
No. 30-09, 30th Floor, Benteng 8 (skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Ascenda
No. B-23A-05, Residensi Ascenda, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Residensi Kerinchi
No. 13-17, Residensi Kerinchi, No. 1, Lorong Kerinchi Kiri 1, 59200 Kuala Lumpur
Mentari Condo
No. C-12-4, Blok C, Mentari Condo, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur
GCB Court
No. 332B-5, 5th Floor, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
Residensi Bandar Razak
No. D3-47-12, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Mercu Kenwingston
No. A-40-08, Mercu Kenwingston, No. 81, Jalan Gombak, 53000 Kuala Lumpur
Tower 2
No. 2-13-08, Tower 2, Residensi Bintang Bukit Jalil, No. 1, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
PV20 Platinum Lake Condominium
No. A-13A-18, PV20 Platinum Lake Condominium, No. 5, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 Kuala Lumpur
Villa Pandan 4
No. 3A-1101, Level 11, Block 3A, Villa Pandan 4, Jln Pandan Indah 1/16, Pandan Indah, 55100 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.