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
Anggun Residences
No. 35-05, Anggun Residences, No. 8, Jalan Medan Tuanku Utama, 50300 Kuala Lumpur
Residensi Duta Kiara
No. E-G-02, Residensi Duta Kiara, No. 7, Jalan Duta Hartamas, 50480 Kuala Lumpur
The Pearl @ KLCC
No. A-36-03, The Pearl @ KLCC, Jalan Stonor, 50450 Kuala Lumpur
The Corinthian
No. 5-17-2, The Corinthian, Jalan Binjai, 50450, Kuala Lumpur
The Corinthian
No. 5-17-1, The Corinthian, Jalan Binjai, 50450, Kuala Lumpur
Nos. A-19-05 & A-20-05
Nos. A-19-05 & A-20-05, Block A, Seri Kuchai (Arte @ Kuchai Lama), No. 6, Jalan Kuchai Lama Maju 12, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
The Capsquare Residences
No. 35-01, The Capsquare Residences, No. 2, Persiaran Capsquare, 50100 Kuala Lumpur
The Pearl
No. 15-2, The Pearl, No. 2A, Jalan Stonor, 50450, Kuala Lumpur
Residensi Km1
No. B-13-03A, Block B, Residensi Km1 (East), Jalan Jalil Perkasa 1, Bukit Jalil, 57000 Kuala Lumpur
Verticas Residensi
No. B-10-02, Verticas Residensi, No. 10, Jalan Ceylon, Bukit Ceylon, 50200 Kuala Lumpur.
Hartamas Regency 2
No. B-12-3, Block B, Hartamas Regency 2, No. 2, Jalan Duta Hartamas, Sri Hartamas, 50480, Kuala Lumpur
Everett Tower
No. 15B-29-4, Everett Tower (15B), Mont' Kiara Pines, Jalan Kiara, 50480 Mont Kiara, Kuala Lumpur
Westside 3 Condominium
No. 38-07, Westside 3 Condominium, Jalan Residen Utama, Desa Parkcity, 52200 Kuala Lumpur
Desa Kudalari
No. 802, Desa Kudalari, Lorong Kuda, 50450 Kuala Lumpur
Kiaraville
No. A-3-6, Kiaraville, Changkat Duta Kiara, 50480 Mont' Kiara, Kuala Lumpur
Intan Kenny Condominum
No. 31-2-2, Intan Kenny Condominum, Persiaran Bukit Tunku, Bukit Tunku, 50480, Kuala Lumpur
Dorsett Residensi Bukit Bintang
No. 19-09, Dorsett Residensi Bukit Bintang, No. 172A, Jalan Imbi, Pudu, 55100 Kuala Lumpur
Binjai Residency
No. B-16-2, Binjai Residency, No. 1, Lorong Binjai, 50450 Kuala Lumpur
The Scott Garden
No. 1-42, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58000 Kuala Lumpur
Tiffani Kiara
No. A-10-07, Tiffani Kiara, No. 1, Changkat Duta Kiara, Mont Kiara, 50480 Kuala Lumpur
Stonor 3
No. 13A-12, Stonor 3, No. 3, Lorong Stonor, 50450 Kuala Lumpur
Residensi Star 2
No. 2-48-3A, Residensi Star 2, No. 1, Jalan Yap Kwan Seng, 50450 Kuala Lumpur.
Residensi Lucentia
No. T1-46-06, Residensi Lucentia, Bukit Bintang City Centre, No. 2, Jalan Hang Tuah, 55100 Kuala Lumpur
Villa Inai Condominium
No. 8-0, Villa Inai Condominium, Jalan Inai, 55100 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.