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.
Residensi Max
No. B-38-08, Residensi Max, No. 6, Jalan Kolam Air 6, Kasipillay, 51200 Kuala Lumpur
Parklane OUG Service Apartment - Blok A2
No. A2-28-3A, Parklane OUG Service Apartment - Blok A2, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Minest
No. A-37-16, Block A, Residensi Minest, No. 62, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Residensi Jalilmas
No. B-23A-13, Residensi Jalilmas, No. 75, Lebuhraya Bukit Jalil, 57000 Bukit Jalil, Kuala Lumpur
Residensi Wangsamas
No. A-18-11, 18th Floor, Block A, Residensi Wangsamas, No. 1, Jalan Wangsa Delima 7, Wangsa Maju, 53300 Kuala Lumpur
Taman Bukit Angkasa Off Jalan Pantai Dalam
No. 18-2-6, Blok 18, Jalan 7/112A, Taman Bukit Angkasa Off Jalan Pantai Dalam, 59200 Kuala Lumpur
Dahlia Apartment
No. N-B-9, Dahlia Apartment, Jalan Pandan Indah 25, Pandan Indah, 55100 Kuala Lumpur
Parklane OUG Service Apartment
No. B1-20-7, Block B1, Parklane OUG Service Apartment, No. 1, Jalan 1/52, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Kinrara Mas
No. A-10-9, 10th Floor, Block A, Pangsapuri Kinrara Mas, No. 3, Jalan Mas 1, Kinrara Mas, Bukit Jalil, 58200 Kuala Lumpur
Pangsapuri Damai Vista
No. A-21-1, Block A, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, Bandar Damai Perdana, 56000 Kuala Lumpur.
Astrum Ampang
No. S-14-06, Block S, Astrum Ampang, Jalan Enggang, Taman Keramat, 54200 Kuala Lumpur
Taman Kobena
No. 11-3-1, Lorong 4/92B, Jalan Cheras, Taman Kobena, 56100 Kuala Lumpur
Astrum Ampang
No. S-15-12, Block S, Astrum Ampang, Jalan Enggang, Taman Keramat, 54200 Kuala Lumpur
The Elements @ Ampang
No. B-13-06, The Elements @ Ampang, No. 5, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
Abadi Indah Kondo
No. 7-11-6, Abadi Indah Kondo, Jalan 3/109C, Taman Abadi Indah, 58100, Kuala Lumpur
Taman Cheras Utama
No. C-01-02, Jalan CU 1/A, Taman Cheras Utama, 56000, Kuala Lumpur
Desa Tasik
No. 6-3-13, Block 6, Desa Tasik, Jalan Tasik Selatan 2A, Sungai Besi, 57100 Kuala Lumpur
10 Semantan
No. A-6-22, Block A, 10 Semantan, No. 10, Jalan Semantan, Bukit Damansara, 50490 Kuala Lumpur
Hijau Ria Apartment
No. 5-1-6, Hijau Ria Apartment, Jalan 1/1A, Taman Kepong Indah, 52100 Kepong, Kuala Lumpur
Sri Angsana Hilir Condominium
No. A1-H, Tingkat Satu, Blok A, Sri Angsana Hilir Condominium, Jalan Hilir 3, Taman Sri Angsana Hilir, 55100 Kuala Lumpur
Desa Dua Apartment
No. 3-9-O, Block 3, Desa Dua Apartment, Lorong D1/5, Desa Aman Puri, 52100 Kepong, Kuala Lumpur
Plaza Wangsa Maju
No. 7-11, Block C, Plaza Wangsa Maju, (Hedgeford 10 Residences), No. 2, Jalan Maju Ria 1, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
Segar Apartment
No. D-01-156, Segar Apartment, Jalan 1a, Taman Segar, 56100 Kuala Lumpur
Aliran Damai Apartment
No. B-10-03, Aliran Damai Apartment, Jalan Damai Perdana 5/2, Bandar Damai Perdana, 56000, Cheras, Selangor
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.