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.
PV2-Platinum Hill Condo
No. A-26-03, PV2-Platinum Hill Condo, No. 2, Jalan Taman Melati 1, Taman Melati Utama, 53100 Setapak, Kuala Lumpur
Idaman Putera Condominium
No. E-1-7, Block E, Idaman Putera Condominium, Jalan 6/21D. Medan Idaman, 53100 Kuala Lumpur
Dover Park Sri Putramas Condominium
No. E-8-6, Dover Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200, Kuala Lumpur
Residensi Minest
No. A-26-02, Residensi Minest, Jalan Sinar Sentul 4, 51000 Sentul, Kuala Lumpur
Residensi M Arisa Pelangi
No. A-33A-18, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
KL Traders Square
Unit No. B-12-06, 12th Floor, Block B, KL Traders Square (KLTS), No. 99, Jalan Gombak, 53000, Kuala Lumpur
Puncak Sentul
No. A-35-06, Puncak Sentul (Sentul Point), Jalan Sentul Perdana, 51000 Kuala Lumpur
Anjung Hijau Apartment
No. D-5-1, Block D, Anjung Hijau Apartment, Jalan 1/155B, Bukit Jalil, 57000 Kuala Lumpur
GCB Court
No. 332B-2J, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
Oakwood Park Sri Putramas Condominium
No. B-3A-06, Oakwood Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
PV 12 Platinum Lake Condo
No. B-7-8, Blok B, PV 12 Platinum Lake Condo, Jalan Langkawi, 53300 Kuala Lumpur
Residensi Platinum Teratai
No. 29-05, Residensi Platinum Teratai, No, 2, Jalan Kuraman Setapak, 53000 Kuala Lumpur
Residensi Kamar Putra
No. 19-18, Residensi Kamar Putra, No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Residensi Bandar Razak
No. Blok C2-40-06, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Laman Seri Harmoni
No. C-08-02, Laman Seri Harmoni, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Q1 Villa Laman Tasik Condominium
No. C-14-1, Q1 Villa Laman Tasik Condominium, No. 16, Jalan Sri Permaisuri 6, Bandar Sri Permaisuri, 56000 Kuala Lumpur
The Annex @ Medan Connaught
No. 13-3A, The Annex @ Medan Connaught, Jalan 3/144A, 56000 Kuala Lumpur
Casa Prima
No. 23-3A, Casa Prima, Jalan Metro 2, Metro Prima, 52100 Kuala Lumpur
Apartment Seri Gembira
No. 2-7-2, Apartment Seri Gembira, Jalan Terolak 9, Taman Bamboo, 51200 Kuala Lumpur
Kondominium Seri Istana
No. B-21-3, Kondominium Seri Istana, Block B, Jalan Kuchai Jaya, Taman Kuchai Jaya, 58200 Kuala Lumpur
Residensi VIVO
No. A-17-01, Residensi VIVO, 9 Seputeh, No. 29, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Residensi Vyne
No. D-21-03, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
KL Traders Square
No. E-30-07, Block E, KL Traders Square, Jalan Gombak, Setapak, 53000 Kuala Lumpur
M City Ampang
No. 1-09-12, M City Ampang, Jalan Ampang, 50450 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.