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.
Sri Tioman II
No. 42-06-05, Sri Tioman II, Jalan Pertahanan, Taman Melati, 53100 Kuala Lumpur
Taman LTAT
No. A-13-2, Block A, Jalan Bukit Jalil Indah 4, Taman LTAT, 57000 Kuala Lumpur
Pangsapuri Mahasa Villa
No. 12-12, Pangsapuri Mahasa Villa, Jalan Mahasa, Kampung Padang Balang, 51000 Sentul, Kuala Lumpur
Ixora Apartment
No. 9-51, 9th Floor, Ixora Apartment, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur.
Pangsapuri Sri Penara
No. B-02-11, Block B, Pangsapuri Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Vista Angkasa
No. 2-5-5, 5th Floor, Blok 2, Vista Angkasa, Jalan Kerinchi, 59200 Kuala Lumpur
Residensi Metro Kepong
No. A-11-13, Residensi Metro Kepong, No. 5, Persiaran Metro Perdana, 52100 Kuala Lumpur
Desa Sri Puteri-B Apartment
No. B-8-6, 8th Floor, Block B, Desa Sri Puteri-B Apartment, Jalan 1/125G, 57100, Kuala Lumpur
Taman Melati
No. TB-3, Block F6, Taman Melati, 53100 Kuala Lumpur
Sri Penara
No. D-12-12, Blok D, Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Aman Dua Apartment
No. AD1-11-I, Aman Dua Apartment, Desa Aman Puri, 52100, Kepong, Selangor
Abadi Indah Kondo
No. 9-12-9, Abadi Indah Kondo, Jalan 3/109C, Taman Abadi Indah, 58100 Kuala Lumpur
Mayfair Service Apartment
No. J-3A-21, Block J, Mayfair Service Apartment, Plaza Damas, No. 60, Jalan Sri Hartamas 1, 50480 Kuala Lumpur
Segar Apartment
No. D-G-150, Block D, Segar Apartment, Jalan 1A, Taman Segar, Cheras, 56100 Kuala Lumpur
Sri Desa Condominium
No. 11-8-5, Sri Desa Condominium, Blok II, Jalan 1/116B, 58200 Kuala Lumpur
Beverly Tower
No. B2-29-5, Beverly Tower, Plaza Medan Putra, Jalan Medan Putra 6, Medan Putra Business Centre, Bandar Sri Menjalara, 52200 Kuala Lumpur
Tasik Heights Apartment
No. E-7-16, Block Suria, Tasik Heights Apartment, Jalan Liku Tasik Selatan, Bandar Tasik Selatan, 57000 Kuala Lumpur
Pangsapuri Cheras Utama
No. F-01-21, Blok F, Pangsapuri Cheras Utama, Jalan CU 1/A, Taman Cheras Utama, 56000 Kuala Lumpur
Tasik Heights Apartment
No. B-6-8, Block B (saujana), Tasik Heights Apartment, Jalan Liku Tasik Selatan, Bandar Tasik Selatan 57100 Kuala Lumpur
Idaman Sutera Condominium
No. B-15-8, Idaman Sutera Condominium, Block B, Jalan 13/21D, Medan Idaman, 53100 Kuala Lumpur
Perumahan Pantai Permai
No. D-13-13, Perumahan Pantai Permai, Jalan Pantai Permai 1, Pantai Dalam, 59200 Kuala Lumpur
10 Semantan
No. B-6-3, 10 Semantan, Blok B, Jalan Semantan, 50490 Kuala Lumpur
Aman Satu Apartment
No. As1-12-g, 12, Block 1, Aman Satu Apartment, Jalan Puri, Desa Aman Puri, 52100, Kepong, Kuala Lumpur
Pinang Apartment
No. 11-04-16, Blok 11, Pinang Apartment (Fasa 1A Sri Sentosa), Jalan Seri Sentosa 9, Taman Seri Sentosa, 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 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.