667 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.
638 apartment / condo lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 450,000, 42.6% at exactly the reserve. See sold prices
Titiwangsa Sentral Condominium
No. A2-15-7, Titiwangsa Sentral Condominium, No. 1, Jalan Chemur, 50400 Kuala Lumpur
Platinum Lake Condominium Block A
No. A-3A-02, PV 13, Platinum Lake Condominium Block A, Jalan Danau Saujana 1, Taman Danau Kota, 53300 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. C-20-01, Block C, Central Residence @ Suria Sungai Besi, Jalan Sungai Besi, 57100, Kuala Lumpur
Plaza Sinar
No. 32-3-1, Plaza Sinar, Jalan 8/38d, Taman Sri Sinar, 51200, Kuala Lumpur
23rd Floor
No. B-23-3A, 23rd Floor, Block B, 157 Hampshire, No. 1, Jalan Mayang Sari, 50450 Kuala Lumpur
Residensi Riverville
No. B-23A-05, Block B, Residensi Riverville, No. 6, Jalan Taman Seri Sentosa, 58000 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. A-09-03A, Blok A, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Anjung Hijau Apartment
No. D-07-09, Block D, Anjung Hijau Apartment (Greenfields), Jalan Jalil Perkasa 1 (formerly Jalan 1/115B), 57000 Bukit Jalil, Kuala Lumpur
Kiaramas Danai
No. A-08-01, Kiaramas Danai, No. 8, Jalan Desa Kiara, Mon'T Kiara, 50480 Kuala Lumpur
Citizen @ Old Klang Road
No. B-13-8, Blok B, Citizen @ Old Klang Road (Residensi Nusantara Petaling), Jalan Nusantara Petaling, 58000 Kuala Lumpur
Residensi 222
No. 12-07, Tingkat 12, Residensi 222, Jalan Semarak Api, Off Jalan Gombak, 53300 Kuala Lumpur
Tiara Mutiara Service Apartment
No. 11-10, Tiara Mutiara Service Apartment, No. 139, Jalan Puchong, 58200 Kuala Lumpur
Prima Midah Heights
No. 26-22-3, Block 26, Prima Midah Heights, Jalan Midah 8, Taman Midah, Cheras, 56000 Kuala Lumpur
Damai 88
Damai 88, Jalan Damai, 50450, Kuala Lumpur
Four Seasons Place
No. 38-3, Four Seasons Place, Jalan Ampang, 50450 Kuala Lumpur
Binjai Residency
No. B-30-1, Binjai Residency, Jalan Binjai, 50450 Kuala Lumpur
Menara 3
No. BO2-B-08-1, Menara 3, No. 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur
Ampersand-B
No. B-01-01, Ampersand-B, Jalan Kia Peng, 50450 Kuala Lumpur
KL Gateway Corporate Office Suite
No. F-05-01, Block F, KL Gateway Corporate Office Suite, KL Gateway, No. 2, Jalan Kerinchi, 59200 Kuala Lumpur
Kiaraville Condominium
No. C-16-01, Block C, Kiaraville Condominium, No. 2, Changkat Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Marc Service Residence
No. B-16-01, Marc Service Residence, No. 3, Jalan Pinang, 50450 Kuala Lumpur
The Katana Residences
No. 03-04, Jalan Madge, The Katana Residences, 55000, Kuala Lumpur
Midvalley City
No. B-20-6, Northpoint (Condo), Blok B, Midvalley City, No 1, Jalan Medan Syed Putra Utara, 59200 Kuala Lumpur
6 Capsquare Condominium
No. S-20-2, 6 Capsquare Condominium, No. 6, Persiaran Capsquare, Capital Square, 50100 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
What do apartment / condo auctions in Kuala Lumpur actually sell for?+
638 apartment / condo lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 450,000, 42.6% at exactly the reserve. Every transaction is listed on the BidNest sold-prices page.
How many apartment / condo auctions are there in Kuala Lumpur?+
There are currently 667 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.