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.
Kondo Rakyat Desa Pantai
No. 2-15-3, Block 2, Kondo Rakyat Desa Pantai, Jalan Pantai Dalam, 59200 Kuala Lumpur
Wangsa Maju
No. 503, Block D10, Jalan 3/27A, Seksyen 1, Wangsa Maju, 53300 Kuala Lumpur
3rd Floor
No. 12A-3-2, 3rd Floor, Jalan Megan Setapak 1, Taman Megan Sri Rampai, 53300 Kuala Lumpur
Wangsa Maju
No. 502, Block A5, Jalan 2/27E, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
Taman Bukit Cheras
No. 10-1-10, ( Ditapak Ialah Pangsapuri Blok 8 & 10), Jalan 1/144a, Taman Bukit Cheras, 56000, Kuala Lumpur
Pandan Perdana
No. B-1-07, Block B, Jalan Perdana 9/10, Pandan Perdana, 55300 Kuala Lumpur
Taman Lembah Maju
No. 61, Block RP2, Jalan Maju Utama, Taman Lembah Maju, 56100 Kuala Lumpur
Taman Aman Putra
No. C-3-25, Block C, Jalan Aman Putra, Taman Aman Putra, 52000 Kuala Lumpur
Desa Petaling
No. 56-1-7, Blok 56, Lorong 1/125C, Desa Petaling, 57100 Kuala Lumpur
Teratak Muhibbah 1 Blok A
No. A-7-4, Teratak Muhibbah 1 Blok A, Jalan Desa Bahagia, Taman Danau Desa, 58100 Kuala Lumpur
Apartment Pinang 1B
No. 38-03-03, Apartment Pinang 1B, Jalan Seri Sentosa 8, 58000 Kuala Lumpur
Pangsapuri Sri Meranti
No. M2-2-203, Level 2, Block M2, Pangsapuri Sri Meranti, No. 2, Persiaran Meranti, PJU 9, Bandar Sri Damansara, 52200 Kuala Lumpur
Pangsapuri Desa Baiduri
No. ND3-21, Block Nilam D, Pangsapuri Desa Baiduri, Jalan Persiaran Pangsa Baiduri, Taman Desa Baiduri, 56000 Cheras, Selangor
Jalan 6/95B
No. B-11-01, Jalan 6/95B, Off Jalan Ketumbar, 56100 Rumah Pangsa Cheras Ria (Taman Cheras Utama), Selangor
Kelompok Bunga Raya
No. 30-3-4, Kelompok Bunga Raya, Jalan 15/56, Ampang Ulu Klang, 54300 Kuala Lumpur
Pandan Indah
No. BH-3-20, Blok BH, Jalan Pandan Indah 5/20, Pandan Indah, 51100 Kuala Lumpur
Desa Satu Apartment
No. 7-10-A, Block 7, Desa Satu Apartment, Off Lorong D1/5, Desa Aman Puri, Kepong 52100, Kuala Lumpur
Saujana Ria
No. SR-6-25, Saujana Ria, No. 4, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Desa Satu Apartment
No. DS1-8-D, Desa Satu Apartment, Lorong D1/5, Desa Aman Puri, Kepong, 52100 Kuala Lumpur
4th Floor
No. BB-04-01, 4th Floor, Block D, Jalan Angsana 8, Taman Bukit Angsana, 56000 Cheras, Selangor
Desa Petaling
No. 53-5-8, Blok 53, Lorong 3/125c, Desa Petaling, 57100, Kuala Lumpur
Pandan Indah
No. BF-2-18, Block BF, Jalan Pandan Indah 5/20, Pandan Indah, 55100, Kuala Lumpur
Taman Pusat Kepong
No. 17-2-2, Jalan 7/40, Taman Pusat Kepong, 52100 Kuala Lumpur
Flat Jalan Au 3/1
No. D7, Blok 2, Tingkat 4, Flat Jalan Au 3/1, Taman Keramat, 54200 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.