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.
Menara Seri Cengal
No. 6-2-7, 2th Floor, Menara Seri Cengal, Jalan 27/56, Ampang Ulu Kelang, 54200 Kuala Lumpur
Sri Langkawi 1
No. 08-01-29, Sri Langkawi 1, Blok 8, Off Jalan Gombak, 53000 Kuala Lumpur
RPR Batu Muda Batu 5
No. G-13-01, Block G, RPR Batu Muda Batu 5, Jalan Ipoh, 51100 Kuala Lumpur
Gombak Fasa 2
No. 26-02-01, Block 26, Gombak Fasa 2, Off Jalan Gombak, 53100 Kuala Lumpur
Taman Indah Perdana
No. G-505, Blok G, Persiaran Perdana 2, Taman Indah Perdana, Kepong, 52100 Kuala Lumpur
3rd Floor
No. 72-3-1, 3rd Floor, Block L, Jalan Matang, Taman Sri Kuching, 51200 Kuala Lumpur
Kondo Rakyat Desa Pantai
No. 3-18-9, Kondo Rakyat Desa Pantai, Jalan Pantai Murni 2, Pantai Dalam, 59200 Kuala Lumpur
Wangsa Maju
No. 403, Block A11, Seksyen 4, Wangsa Maju, 53300 Kuala Lumpur
Pangsapuri Cheras 4E
No. 20-01-14, Blok 20, Pangsapuri Cheras 4E (Kasturi), Jalan 1/89A, Batu 4 Jalan Cheras, 56000 Kuala Lumpur
Bandar Baru Sentul
No. 27-01-09, Bandar Baru Sentul, 51000 Kuala Lumpur
Kondo Rakyat Desa Pantai Blok 3
No. 3-02-7, Kondo Rakyat Desa Pantai Blok 3, Jalan Pantai Dalam, 59200 Kuala Lumpur.
Iris Apartment
No. C-3-1, Block C, Iris Apartment, Jalan 2/109C, Taman Abadi Indah, 58100 Kuala Lumpur
Bandar Baru Sentul
No. 73-04-27, Block 73 Merbah, Jalan 2/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Pangsapuri Sri Meranti
No. P6-3-304, Pangsapuri Sri Meranti, No. 2, Persiaran Meranti, Bandar Sri Damansara, 52200 Petaling Jaya Selangor
Bukit OUG Condominium
No. 9-12-8, Bukit OUG Condominium, Blok 9, Jalan 3A/155, Bukit OUG, 58200 Kuala Lumpur
Rampai Court Apartment
No. 110, Block C, Rampai Court Apartment, Jalan 43/26, Taman Sri Rampai, 53300 Kuala Lumpur
Apartment Blok 6
No. 8-3-20, Apartment Blok 6, Blok 7, Blok 8, Jalan 3/116B, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
Level 5
No. 504, Level 5, Blok G18, Seksyen 2, 53300, Bandar Baru Wangsa Maju, Kuala Lumpur
Saujana Ria Apartment
No. SR-6-31, Saujana Ria Apartment, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Rumah Pangsa Kos Rendah
No. B-15-4, Block B, Rumah Pangsa Kos Rendah, Jalan 3/23D, Taman Danau Kota, Off Jalan Genting, 53300 Kuala Lumpur
Bandar Baru Sentul
No. 25-04-27, Bandar Baru Sentul, 51000 Kuala Lumpur
Pandan Indah
No. 19C, Tingkat 3, Jalan Pandan Indah 1/23D, Pandan Indah, 55100 Kuala Lumpur
Taman Setapak Jaya
No. 30-03-20, Blok 30, Jalan Rejang 11, Taman Setapak Jaya, 53300 Kuala Lumpur
Taman Danau Kota
No. C-19-14, Blok C, Jalan 3/23D, Taman Danau Kota, Setapak, 53300 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.