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.
2nd Floor
No. 304, 2nd Floor, Blok F4, Wangsa Maju Seksyen 2, 53300 Kuala Lumpur
3rd Floor
No. A-3-4, 3rd Floor, Block A, Taman Setapak Indah, 53300 Kuala Lumpur
Residensi Kepongmas
No. B-32-11, Residensi Kepongmas, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Apartment Sri Rampai
No G141-1, Block G, Apartment Sri Rampai (Rampai Court Apartment), Jalan 35/26, Taman Sri Rampai, 53300 Kuala Lumpur
Apartments Desa Sri Puteri - B
No. B-19-5, Apartments Desa Sri Puteri - B, Jalan 1/125G, Desa Sri Puteri, 57100 Kuala Lumpur
Wangsa Maju Seksyen 4
No. 204, Blok B9, Jalan 6/27A, Wangsa Maju Seksyen 4, 53300 Kuala Lumpur
Taman Bukit Teratai
No. B1-02-06, Block B, Jalan Teratai 1/2E, Taman Bukit Teratai, 56100 Cheras, Selangor
PPR Pekan Batu
No. B-07-20, Block B, PPR Pekan Batu, Batu 5, Jalan Sultan Azlan Shah, 51200 Kuala Lumpur
Desa Tasik
No. 4-6-5, Blok 4, Jalan Selatan 2A, Desa Tasik, Sungai Besi, Kuala Lumpur
Pandan Indah
No. M1-2-19, Block M1, Jalan Pandah Indah 6/1, Pandan Indah, 55100 Kuala Lumpur
Kondo Mutiara Villa
No. 568-12-33, Kondo Mutiara Villa, Batu 3 ½, Jalan Sultan Azlan Shah, 51200 Kuala Lumpur.
Pangsapuri Permai
Unit No. C-13-4, 13th Floor, Block C, Pangsapuri Permai, No. 2, Jalan Landai Permai, Sungai Besi, 57100, Kuala Lumpur
Greenview Apartment
Jalan 2/40, Taman Pusat Kepong, 52000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Taman Setapak Indah
No. F-3-5, Blok F, Jalan 13C/6, Taman Setapak Indah, 53300 Kuala Lumpur
Mayfair Service Apartment
No. J-3A-11, Blok J, Mayfair Service Apartment, Jalan Sri Hartamas 1, 50480 Kuala Lumpur
Pangsapuri Jati Selatan
No. C-3A-8, Block C, Pangsapuri Jati Selatan, Jalan 1/125G, Desa Sri Puteri, 57100 Kuala Lumpur
Sri Penara
No. A-06-40, Blok A, Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Iris Apartment
No. A-8-5, Block A, Iris Apartment, Jalan 2/109C, Taman Abadi Indah, Off Jalan Kelang Lama, 58100 Kuala Lumpur
Mutiara Magna Apartment
No. C-07-15, Mutiara Magna Apartment, No.2, Jalan Metro 1, Metro Prima, 51200 Kepong, Kuala Lumpur
Idaman Suria Apartment
No. 2-6-4, Idaman Suria Apartment, Jalan 10/21D, Medan Idaman, Gombak, 53100 Kuala Lumpur
Pandan Indah
No. 18-2A, Jalan Pandan Indah 4/33, Pandan Indah, 55100 Kuala Lumpur
Sri Saujana
No. SS-13A-13A, Sri Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Sri Penara
No. D-09-04, Blok D, Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Cheras, Kuala Lumpur
Pangsaria Petaling Condominium
No. 60-9-14, Block 60, Pangsaria Petaling Condominium, Jalan 1/125E, Taman Desa Petaling, 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.