1640 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 Rimbun Scott Garden
No. B-08-03A, Block B, The Scott Garden Soho Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Taman Ltat
No. A-1-6, Block A, Jalan Bukit Jalil Indah 4, Taman Ltat, 57000 Kuala Lumpur
Residensi Sky Awani
No. D-13A-01, Blok D, Residensi Sky Awani, Jalan Batu Muda Tambahan 3, 51100 Kuala Lumpur
Vista Saujana Apartment
No. VS-13-14, Vista Saujana Apartment, No. 1, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur.
Puncak Banyan
No. B-12-11, Block B, Puncak Banyan, Jalan 3/118B, Taman Seri Cendekia, 56000 Kuala Lumpur
Avenue Court
No. C-7-3, Block C, Avenue Court, No. 7, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Meadow Park 2
No. 5-5-15, Meadow Park 2, Jalan 1/130, Taman Gembira, Kuala Lumpur
Grandeur Tower
No. CT-E-14, Grandeur Tower, Jalan Pandan Indah 1/16, Pandan Indah, 55100 Kuala Lumpur
Desa Pandan
No. E3-4-3, Block E3, Jalan 1/76B, Desa Pandan, 55100, Kuala Lumpur
Sri Penara
No. B-11-09, Blok B, Sri Penara, Jalan Permaisuri 1, Bandar Sri Permaisuri, 56000, Kuala Lumpur
Jade Tower
No. 3-2-1, 2nd Floor, Jade Tower, Seri Mas Condominium, Jalan 4/89A, Batu 3 1/2, Jalan Cheras, 56000, Kuala Lumpur
Petaling Indah Condo Blok 10
No. 10-10-06, Petaling Indah Condo Blok 10, Jalan 1C/149, Petaling Indah, Off Jalan Sg Besi, 57100 Kuala Lumpur
Desa View Towers
No. 18-05-09, Block 18, Desa View Towers, Jalan 1/4A, Off Jalan Genting Klang, 53100 Kuala Lumpur
Avelon Tower
No. A2-10-01, Avelon Tower (Block A2), Plaza Medan Putra, Jalan Medan Putra 6, Bandar Sri Menjalara, 52200 Kuala Lumpur
Winner Heights
No. 28-11-4, Blok 28, Winner Heights, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Danau Murni Condominium
No. B-18-8, Blok Bidara, Danau Murni Condominium, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Bandar Sri Permaisuri
No. A-05-21, Block A Sri Penara, No. 6, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Prima Saujana
No. PS-13-24, Prima Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Ixora Apartment
No. 8-32, Ixora Apartment, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kepong, Selangor
Nadayu 63
No. B-12-08, Nadayu 63, Jalan Melawati 8, Taman Nadayu, 53100 Hulu Kelang, Selangor
Ayuman Suites
No. A-13A-26, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Hijau Ria Apartment
No. 5-5-9, Block 5, Hijau Ria Apartment, Jalan 1/1A, Taman Kepong Indah, 52100 Kuala Lumpur
Benteng 8
No. 33A-07, Benteng 8, (Skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
Taman OUG Parklane
No. A2-19-06, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 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 1640 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.