1638 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.
The Scott Garden Soho
No. B-12-28, Block B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Kepongmas
No. A-23A-17, Residensi Kepongmas, No. 7, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur.
Danau Idaman Condominium
No. B-4-2, Block B, Danau Idaman Condominium, Jalan 2/109F, Taman Danau Desa, 58100, Kuala Lumpur
Residensi Prima Alam Damai
No. B3-04-04, Residensi Prima Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Idaman Sutera Condominium
No. B-6-3, 6th Floor, Block B, Idaman Sutera Condominium, No.2, Jalan 13/21d, Medan Idaman, 53100 Kuala Lumpur
Residensi Pr1ma Alam Damai
No. B3-40-04, Residensi Pr1ma Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Endah Regal Condominium
No. C-11-4, Blok C, Endah Regal Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
May Tower Service Apartment
No. 7-10-9, May Tower Service Apartment, No. 7 Jalan Munshi Abdullah, 50100 Kuala Lumpur
Residensi Vista Saujana
No. 37-01, Residensi Vista Saujana, No. 3, Jalan Danau Saujana 2, Taman Danau Kota, Setapak, 53100 Kuala Lumpur
Parklane OUG Service Apartment-Blok C1
No. C1-9-3, Parklane OUG Service Apartment-Blok C1, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Awani 3
No. C-32-11, Residensi Awani 3, No. 2, Jalan Santuari 2, Setapak, 53200 Kuala Lumpur
Regalia Service Apartment
No. C-25-07A, Regalia Service Apartment, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
The Scott Garden
No. A-23A-3A, The Scott Garden, No.289, Jalan Klang Lama, Block A, 58000 Kuala Lumpur
Tower B
No. B-18-32, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Bayu Tasik Condominium
No. C-1-9, Blok C, Bayu Tasik Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
The Scott Garden Soho
No. C-18-23A, Blok C, The Scott Garden Soho, Jalan Klang Lama, 58100 Kuala Lumpur
Faber Heights Condominium
No. 82-16-6, Faber Heights Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Duta Ria Condominium
No. 18-2, Duta Ria Condominium, Jalan Dutamas Raya, 51200 Segambut, Kuala Lumpur
Endah Regal Condominium
No. A-9-4, Endah Regal Condominium, Blok A, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
The Scott Garden Soho
No. A-18-08, Blok A, The Scott Garden Soho, Jalan Klang Lama, 58100 Kuala Lumpur
Plaza Metro Prima
No. A-16-03, Tingkat 16, Blok A, Plaza Metro Prima, Jalan Metro 1, Metro Prima, 52100, Kuala Lumpur
Parklane OUG Serviced Apartment
No. D2-12-3, Parklane OUG Serviced Apartment, Blok D2, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
The Scott Garden Soho
No. B-08-22, Blok B, The Scott Garden Soho, Jalan Klang Lama, 58100 Kuala Lumpur
Resedensi M Luna
No. A-40-13A, Resedensi M Luna, No 888, Jalan Lingkaran Tengah 2 (MRR2), Kepong, 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 1638 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.