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 Penara
No. C-06-08, Block C, Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Sri Kinabalu Condominium
No. 10E-04-02-003, Sri Kinabalu Condominium, Block 4, Jalan 4/27E, Wangsa Maju, Seksyen 10, 53300 Kuala Lumpur
Pangsapuri Berembang Indah
No. A-03-08, 3rd Floor, Block A, Pangsapuri Berembang Indah, Jalan Nipah, Off Jalan Ampang, 55000, Selangor
11th Floor Blok B
No B-11-11,11th Floor Blok B, No.3 Jalan Bukit Jalil Indah 1, Taman Ltat, Bukit Jalil, 57000 Kuala Lumpur
The Scott Garden
No. C-20-19, Block C, The Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Ketumbar Heights
No. B-12-16, Block B, Ketumbar Heights, Jalan 6/95B, Taman Cheras Utama, 56100 Kuala Lumpur
May Tower
No. 7-13-1, May Tower, Jalan Munshi Abdullah, 50100 Kuala Lumpur
Tower B
No. B-13A-15, Tower B, Residensi Metro Kepong, No. 5, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Pangsapuri Seri Permai
No. 2-10, Pangsapuri Seri Permai, Jalan Bahagia 29, Taman Sri Bahagia, 56000, Kuala Lumpur
Pangsapuri Sri Rakyat - Blok B
No. B-14-9, Pangsapuri Sri Rakyat - Blok B, Jalan 14/155C, Bukit Jalil, 57000 Kuala Lumpur
Taman Desa Bukit Cahaya
No. MC 4-02, Blok Desa Awana (M), Taman Desa Bukit Cahaya, 56100, Cheras, Kuala Lumpur
Permata Fadason
No. E-08-07, Block E, Permata Fadason, Jalan 2/17, Taman Fadason, 52000 Kuala Lumpur
Tower B
No. B-28-11, Tower B, Residensi Metro Kepong, No. 5, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Tower A
No. A-13-11, Tower A, Residensi Metro Kepong, No. 5, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Perumahan Pantai Permai
No. E-15-13, Perumahan Pantai Permai, Jalan Pantai Permai, 59200 Kuala Lumpur
Tasikmas
No. A-36-11, Tasikmas, Jalan 9/118B, Desa Tun Razak, 56000 Cheras, Kuala Lumpur
Gemerlang Court
No. A-3-1, Block A, Gemerlang Court, Jalan TC 1/3, Taman Cemerlang, 53100 Kuala Lumpur
Sri Langkawi 1
No. 04-02-06, Sri Langkawi 1, Blok 4, Off Jalan Gombak, 53000 Kuala Lumpur
Residensi Gurneymas
No. 31-11, Residensi Gurneymas, No. 1, Jalan Bukit Keramat, 54000 Kuala Lumpur
Pangsapuri Seri Malaysia
No. 15-33, Pangsapuri Seri Malaysia, Jalan 3/141, Kg Seri Malaysia, 57100 Kuala Lumpur
Pandan Utama
No. SA35-G, Lorong Pandan Pertama 3, Pandan Utama, 55100 Ampang, Selangor
Bandar Tasik Selatan
No. D-5-4, Blok D, Jalan 30/146, Bandar Tasik Selatan, 57000 Kuala Lumpur
Astrum Ampang
No. S-43A-28, Astrum Ampang, Lorong Enggang 2, Taman Keramat, 54200 Kuala Lumpur
Villa Mewah
No. 48-5-7, Villa Mewah, Jalan Perkasa, Taman Salak Selatan, 57100 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.