1646 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.
Arte+ @ Jalan Ampang
No. T1-21-07, Arte+ @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
Residensi M Arisa Pelangi
No. B-19-05, Residensi M Arisa Pelangi, Jalan Sentul Pelangi, 51000 Kuala Lumpur.
Pangsapuri Damai Vista
No. B-10-3, Blok B, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, 56000 Kuala Lumpur
Pandan Perdana
No. 19-2E, Jalan Perdana 6/6, Pandan Perdana, 55300 Kuala Lumpur
Banyan Tree Signatures Pavilion Kuala Lumpur
No. S-20-3, Banyan Tree Signatures Pavilion Kuala Lumpur, Jalan Conlay, 50450 Kuala Lumpur
Sky Residences Blok A
No. A-38-3, Sky Residences Blok A (Setia Sky Residences On-Site), Jalan Raja Muda Abdul Aziz, Off Jalan Tun Razak, 50300 Kuala Lumpur
The Mews KLCC
No. A-21-5, The Mews KLCC, No. 19, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
The Ooak
No. A-09-05, The Ooak, Kiara 163, No 5, Jalan Kiara 4, Mont Kiara, 50480 Kuala Lumpur
Gaya Bangsar Condominium
No. 13A-09, Gaya Bangsar Condominium, No. 1, Jalan Bangsar Utama 1, Kuala Lumpur
Residensi Gen
No. 3A-03, Residensi Gen, Jalan Kuchai 3, Taman Lian Hoe, 58200 Kuala Lumpur
Residensi Pavilion Bukit Ceylon
No. C-25-05, Residensi Pavilion Bukit Ceylon, No. 5, Changkat Raja Chulan, 50200 Kuala Lumpur
Residensi Sultan Ismail
No. 18-3, Residensi Sultan Ismail, (on site known as Vortex Suite & Residences@ KLCC), No.12, Jalan Sultan Ismail, Kuala Lumpur
Tower C
No. C1-5-1, St Mary Residences, Tower C, Jalan Tengah, 50250 Kuala Lumpur
My Habitat Residences
No. A2-20-1, My Habitat Residences, No. 3, Jalan Aman Off Jalan Tun Razak, 55000 Kuala Lumpur
Menara Alfa Bangsar
No. 23A-2, Menara Alfa Bangsar, No. 18, Jalan Maarof, Bangsar, 59100 Kuala Lumpur
Residensi Tribeca
No. 9-12, Residensi Tribeca, No. 215, Jalan Imbi, 55100 Kuala Lumpur
The Mews
No. A-9-2, The Mews, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
Residensi Infiniti 3
No. B-9-8, Residensi Infiniti 3, No. 1, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Waltz
No. N-8-05, Residensi Waltz, Jalan Awan Besar, Taman Overseas Union, 58200 Kuala Lumpur.
Kondominium Royalle
No. 13-05, Kondominium Royalle, Jalan 3/61, Bukit Segambut, 51200 Kuala Lumpur
M-City
No. 2-26-01, M-City, Jalan Ampang, 50450 Kuala Lumpur
Tower A
No. A-42-3, Tower A, Residensi Vogue 1, No. 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur
Tower A
No. A-38-03, Tower A (Astor), Megan Legasi (Millerz Square @ Old Klang Road), No. 357, Jalan Kelang Lama, 58000 Kuala Lumpur.
Residensi Shamelin Star
No. R-16-3A, Residensi Shamelin Star, No. 36A, Jalan 4/91, Taman Shamelin Perkasa, 56100, 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 1646 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.