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.
Sri Pelangi Condominium
No. 126-2-16, Blok 126, Sri Pelangi Condominium, Jalan Genting Kelang, Setapak, 53300 Kuala Lumpur
Residensi MH Platinum 2
No. A-27-11, Residensi MH Platinum 2, No.12, Jalan Usahawan 6, Setapak Jaya 2, 53200 Kuala Lumpur
Residensi Lanai Bukit Jalil
No. 29-11, Residensi Lanai Bukit Jalil, Jalan 2/155A, Bukit Jalil, 57000 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 38-01, Pangsapuri Vista Danau Kota, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Residensi Max
No. B-12-03, Block B, Residensi Max, No. 11, Jalan Kolam Air 6, Kasipillay, 512000 Kuala Lumpur
Ampang Tiga
No. A-41-07, Ampang Tiga, No. 6, Jalan Nipah, Ampang, 55000 Kuala Lumpur
Residensi PR1MA Alam Damai
No. B4-32-05 (on-site is Blok B4), Residensi PR1MA Alam Damai, No. 8, Persiaran Bistari Alam Damai Cheras, 56000 Kuala Lumpur
Condominium Sentul Utama
No. B-05-13A, Condominium Sentul Utama, Jalan Dato Senu 26, Taman Dato Senu, Bandar Sentul Utama, 51200 Kuala Lumpur
Residensi MH Platinum 2
No. B-27-11, Residensi MH Platinum 2, No. 12, Jalan Usahawan 6, Setapak Jaya 2, 53200 Kuala Lumpur
11th Floor
No. E1-11-13, 11th Floor, Block E1, Parklane OUG, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur.
Tower A
No. A-8-21, Tower A, Vierra Residence (Residensi Varia), No. 6, Jalan Mas, Bukit Jalil, 58200 Kuala Lumpur
Residensi Awani IV
No. A2-17-01, Residensi Awani IV, Jalan Santuari Utama, Setapak, 53100 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 22-20, Pangsapuri Vista Danau Kota, Jalan Danau Saujana 1, Setapak, 55300 Kuala Lumpur
Apartment Lili Petaling
No. A-09-07, Apartment Lili Petaling, No. 8, Jalan Kuchai Maju 13, Taman Kuchai Entrepreneur, 58200 Kuala Lumpur
28 Boulevard
No. D-38-02, Block D, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Shamelin Bestari Condominium
No. B-1-7, 1st Floor, Block B, Shamelin Bestari Condominium, Jalan 2/91A, Taman Shamelin Perkasa, 56100 Kuala Lumpur
Desa Cindaimas Condominium
No. B-4-6, Desa Cindaimas Condominium, No. 4, Jalan Sekutu, Taman Continental, 58200 Kuala Lumpur
Diamond Regency Service Apartment
No. 19-11, Diamond Regency Service Apartment, No. 18, Jalan 3/50, Off Jalan Gombak, 53000 Kuala Lumpur
Residensi Pandanmas 2
No. C-36-01, Residensi Pandanmas 2, Lorong Delapan 2, Kampung Pandan, 55100 Kuala Lumpur
Apartment Dahlia
No. A-15-5, Apartment Dahlia, Jalan 1/27, Taman Setapak Jaya Baru, 53300 Kuala Lumpur.
Monte Bayu Condominium
No. A-09-11, 9th Floor, Block A, Monte Bayu Condominium, Jalan Bukit Pandan Bistari 5, Cheras Baru, 56100 Kuala Lumpur
Pertama Residency
No. 8-16, Pertama Residency, No. 16 Jalan 3/92B, Taman Kobena, 56000 Kuala Lumpur
Endah Regal Condominium
No. A-2-10, Block A, Endah Regal Condominium, No. 7 Jalan 3/149E, Taman Sri Endah, 57000 Bandar Baru Sri Petaling, Kuala Lumpur
Pangsapuri Melur
No. A-20-8, Pangsapuri Melur, No. 72A, Jalan 7/48A, Sentul Perdana, Bandar Baru Sentul, 51000 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.