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.
Connaught Avenue
No. D-16-11, Blok D, Connaught Avenue, Jalan 9, Taman Bukit Cheras, 56000 Kuala Lumpur
The Scott Garden
No. C-22-27, Block C, The Scott Garden, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Tower B
No. B-22-06, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Mawar Sari Blok D
No. D-1-1, Mawar Sari Blok D, Jalan 17/56, Ampang / Ulu Kelang, 54200 Kuala Lumpur
Residensi Prima Alam Damai
No. B3-21-08, Residensi Prima Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Tower B
No. B-22-08, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Dewana Mansion
No. 29-4-3, Dewana Mansion, Jalan Bendahara, Taman Salak Selatan, 57100 Kuala Lumpur
Arte Plus @ Jalan Ampang
No. T3-10-06, Arte Plus @ Jalan Ampang, Jalan Bemban, Off Jalan Ampang, 55000 , Kuala Lumpur
Ayuman Suites
No. A-19-06, Level 32, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Permai Ria Condominium
No. E-6-6, Block E, Permai Ria Condominium, Jalan 1/18B, Taman Batu Permai, 51200 Kuala Lumpur
Seri Gembira Apartment
No. 2-5-8, Seri Gembira Apartment, Jalan Trolak 9, Taman Bamboo, 51200 Kuala Lumpur
Prisma Cheras Apartment
No. 2-3-5, Block 2, Prisma Cheras Apartment, Jalan Midah 8A, Taman Midah, 56000 Kuala Lumpur
Residensi M Arisa Pelangi
No. A-27-03, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Residensi Suria Pantai
No. 33A-22, Residensi Suria Pantai, No. 11, Jalan Pantai Sentral 3, Pantai Sentral, 59200 Kuala Lumpur
Menara Orkid
No. 47-06-11, Menara Orkid, Jalan 3/48A, Sentul Perdana, Bandar Baru Sentul, 51000 Kuala Lumpur
Sri Suajaya Condominium
No. 200-15-2, Sri Suajaya Condominium, Jalan Kampung Bandar Dalam, Sentul Ulu, 51000 Kuala Lumpur
Putra Court
No. 10B-7-1, Putra Court, Jalan Ipoh Kecil, 50350 Kuala Lumpur
The Scott Garden SOHO
No. B-10-03, Blok B, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 58000 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. A-26-9, Central Residence @ Suria Sungai Besi, Blok A, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Endah Regal Condominium
No. B-15-6, Block B, Endah Regal Condominium, Jalan 3/149E, Taman Seri Endah, 57100 Sri Petaling, Kuala Lumpur
Parklane OUG Service Apartment
No. C1-13A-13A, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUGParklane, 58200 Kuala Lumpur
Parklane OUG Service Apartment
No. D2-18-3, Block D2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Awani 3
No. C-45-07, Residensi Awani 3, Jalan Santuari 2, 53200 Setapak, Kuala Lumpur
Prisma Cheras
No. 12-5-2, Block 12, Prisma Cheras, Jalan Midah 8A, Taman Midah, 56000 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.