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.
Residensi Sambungan Selatan
No. 52-23, Residensi Sambungan Selatan (South Link Residence), No. 2A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur
Dua Sentral
No. 30-11, Dua Sentral, No. 8, Jalan Tun Sambanthan, 50470 Kuala Lumpur
Edgewood
No. A-13A-10, Edgewood (Also Known as Residensi Skysanctuary 1), No 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Residensi 357 Setapak
No. A-27-01, Residensi 357 Setapak, Lorong 2/23D, Setapak, 53300 Kuala Lumpur.
Residensi M Luna
No. B-28-13, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2, 52100 Kuala Lumpur
Kompleks Danau Kota
No. B-09-12, Kompleks Danau Kota, Taman Zeta @ Zetapark, 67, Jalan Taman lbu Kota, Setapak, 53300 Kuala Lumpur
Met 1 Residences
No. C-42-07, Met 1 Residences, KL Metropolis, Jalan Boulevard, 50480 Kuala Lumpur
North Suites
No. N-11-02, North Suites, The Robertson, No. 2, Jalan Robertson, 50150 Kuala Lumpur
Lido Residency
No. B-23A-3A, Lido Residency, No. 3, Jalan Yaacop Latif, Bandar Tun Razak, 56000 Kuala Lumpur
Platinum Lake Condominium
No. A-23-18, 23rd Floor, Block A, PV 20, Platinum Lake Condominium, No. 5, Jalan Usahawan 2, off Jalan Genting Kelang, Setapak, 53200 Kuala Lumpur
RC Residences
No. A4-47-11, Block A4, RC Residences (Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Bandar Razak
No. A1-16-05, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Selingsing
No. 25-03A, Residensi Selingsing, Jalan Selingsing, Taman City, 51200 Kuala Lumpur
KL Traders Square
No. A-17-12, Block A, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi Hijauan Bukit Jalil
No. C-L22-05, Block C, Residensi Hijauan Bukit Jalil, Jalan Jalil Perwira 2, 58200 Bukit Jalil, Kuala Lumpur
Residensi Altris
No. A-23A-02, Residensi Altris, No. 3, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Residensi Aster Cheras
No. 11-03A, Residensi Aster Cheras, No 2A, Jalan Cheras Hartamas, Cheras, 56100 Kuala Lumpur
Residensi M Luna
No. B-43A-16, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2 (MRR 2), Kepong, 52100 Kuala Lumpur
Tower B
No. B-30-05, Tower B, Residensi M Centura, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Residensi M Centura
No. B-30-06, Residensi M Centura, No. 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Residensi M Vertika
No. B-13-07, Residensi M Vertika, Jalan Cheras, 56000 Kuala Lumpur
Sri Putramas Condominium
No. B-5-3, Sri Putramas Condominium, No. 1, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Anjung Villa Condominium
No. C-4-5, Block C, Anjung Villa Condominium, Jalan 1/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
M City
No. 1-27-01, M City, Jalan Ampang, 50450 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.