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.
Avant Court
No. B-12-1, Block B, Avant Court, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Flora Setapak
No. FR-20-11, Residensi Flora Setapak, No. 7, Jalan 1/21C, Setapak, 53000 Kuala Lumpur
28 Boulevard
No. A-43-18, Block A, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 53300 Kuala Lumpur
Tasik Heights Apartment
No. E-5-9, Block Suria, Tasik Heights Apartment, Jalan Liku Tasik Selatan 21/146, Bandar Tasik Selatan, 57000 Kuala Lumpur
Lumayan Apartments
No. A-05-03, Lumayan Apartments, Jalan Tasik Permaisuri 2, Bandar Tun Razak, 56000 Kuala Lumpur
Endah Regal Condominium
No. B-1-9, Endah Regal Condominium, Blok B, Jalan 3/149E, Taman Sri Endah, 57100 Kuala Lumpur
Pangsapuri Damai Vista
No. B-22-3, Blok B, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, 56000 Kuala Lumpur
Residensi Bandar Razak
No. C1-11-11, Block C1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Pertama Residensi
No. 11-03, Pertama Residensi, Jalan 3/92B, Taman Kobena, 56100 Cheras, Kuala Lumpur
Kompleks Rimbun Scott Garden
No. B-06-09, Block B The Scott Garden Soho, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Pangsapuri Bukit Awansari
No. 17-10-3, Tingkat 10, Pangsapuri Bukit Awansari (OG Court), No. 17, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Residensi Riana Dutamas 1
No. A-36-03, Residensi Riana Dutamas 1, No. 346, Jalan Segambut, 51200 Kuala Lumpur
Platinum Lake Condominium
No. A-16-02, 16th Floor, Block A, PV10, Platinum Lake Condominium, Jalan Danau Saujana 2, Taman Danau Kota, 53300 Kuala Lumpur
Residensi 357 Setapak @ The Nest
No. A-26-3A, Block A, Residensi 357 Setapak @ The Nest, No 2A, Lorong 2/23D, 53300 Setapak, Kuala Lumpur
Residensi 28
No. 23A-09, Residensi 28 (Court 28), Jalan Kasipillay, 51200 Kuala Lumpur
Benteng 8
No. 33A-3A, Benteng 8 (Skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
Vista Amani Condominium
No. A-3A-7, Vista Amani Condominium, No. 7, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Menara Menjalara
No. E-6-7, Block E, Menara Menjalara, Jalan 1/62B, Bandar Sri Menjalara, 52200 Kuala Lumpur
Angkasa Condominium
No. C-27-08, Block C, Angkasa Condominium, Jalan Puncak Gading, Taman Seri Cendekia, 56000 Kuala Lumpur
Residensi M Centura
No. A-13-03A, Residensi M Centura, No. 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Taman Sri Endah
No. 5-2-1, Jalan 3/149B, Taman Sri Endah, 57000,Sri Petaling, Kuala Lumpur
SD Courts Persiaran Kenanga
No. C-4-9, Block C, SD Courts Persiaran Kenanga, Bandar Sri Damansara, 52200 Petaling Jaya, Kuala Lumpur
Kepong Sentral Condominium
No. B3-08-17, Kepong Sentral Condominium, Jalan Puncak Desa 2, Taman Puncak Desa, 52100 Kepong, Selangor
34th Floor
No. T3-33A-05, 34th Floor, Arte+ @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 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.