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
Platinum Suite 2
No. D-12-6, Block D, Platinum Suite 2, Jalan Sultan Ismail, 50250 Kuala Lumpur
Menara Inspirasi
No. A-29-07, 29th Floor, Block A, Menara Inspirasi, No. 30, Jalan 1/65A, Off Jalan Tun Razak, 50400 Kuala Lumpur
188 Suites
No. B-26-09, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Tower 2
No. B-20-11, Tower 2 (Block B),188 Suites, Jalan Cendana, 50250 Kuala Lumpur
Verticas Residensi
No. B-39-03, Verticas Residensi, No. 10, Jalan Ceylon, 50200 Kuala Lumpur
Residensi Infiniti 3
No. A-23A-3, Residensi Infiniti 3, No. 1, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur.
Residensi Vivo
No. C-21-06, Residensi Vivo, 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Mirage YKS
No. 11-1, Residensi Mirage YKS, No. 39, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
Vipod Residences
No. A-3A-1, Vipod Residences (6 Kia Peng), Jalan Kia Peng, 50450 Kuala Lumpur
Tower A
No. A3-18-3A, Tower A, St Mary Residences, No. 1, Jalan Tengah, 50250 Kuala Lumpur
Mirage Residence
No. 21-1, Level 21, Mirage Residence, Jalan Yap Kwap Seng, 50450 Kuala Lumpur
Tower 2
No. B-18-11, Tower 2 (Block B),188 Suites, Jalan Cendana, 50250 Kuala Lumpur
Residensi Infiniti 3
No. A-25-2, Residensi Infiniti 3, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
The Mews KLCC
No. A-21-5, The Mews KLCC, No. 19, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
Damansara Foresta
No. B-31-06, Block B, Damansara Foresta, Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Pantai Sentral 2
No. 08-8, Residensi Pantai Sentral 2, Jalan Pantai Murni 7, off Jalan Pantai Dalam, Pantai Sentral, 59200 Kuala Lumpur
Residensi Hipster
No. B-43A-05, Block B, Residensi Hipster, No. 262, Jalan Desa, Taman Desa, 58100 Kuala Lumpur
Suasana Sentral Condominium
No. B-18-01, Suasana Sentral Condominium, No. 2, Jalan Stesen Sentral 5, Kl Sentral, 50470, Kuala Lumpur
Residensi Chambers
No. 1-02, Residensi Chambers (Residensi Kamar Putra), Jalan Ipoh Kecil, 50350 Kuala Lumpur
Berjaya Times Square
No. A-39-16, Berjaya Times Square, No. 1, Jalan Imbi, 55100 Kuala Lumpur
Residensi Mutiara Condominium
No. 7-5, Residensi Mutiara Condominium, No. 69 Jalan Thamby Abdullah, Brickfields, 50470, Kuala Lumpur
Solaris Dutamas
No. B1-7-7, Solaris Dutamas (Blok-B1), Jalan Dutamas 1, Off Jalan Duta, 50480 Kuala Lumpur
Villa Puteri Condominium
No. 33D-32-4, Block D, Villa Puteri Condominium, Jalan Tun Ismail, 50480 Kuala Lumpur
Residensi Pavilion Bukit Ceylon
No. C-25-05, Residensi Pavilion Bukit Ceylon, No. 5, Changkat Raja Chulan, 50200 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.