32 Apartment / Condo for Sale by Auction (Lelong) in Kepong, Kuala Lumpur
Kepong in Kuala Lumpur is a sought-after suburb for its lively community and convenient transport links, attracting both first-time buyers and investors. This selection of bank auction apartments and condos, listed through an auction house, often starts with reserve prices 10-40% below market value, making them an affordable route into property ownership. The auction process is straightforward: register, pay a 10% deposit, then bid on auction day. For those seeking a good deal in a prime location, these lelong properties are worth exploring. Contact Peter Tan for upcoming auction dates, reserve prices, and a walkthrough of the bidding process.
Aman Dua Apartment
No. AD1-11-I, Aman Dua Apartment, Desa Aman Puri, 52100, Kepong, Selangor
Aman Satu Apartment
No. As1-12-g, 12, Block 1, Aman Satu Apartment, Jalan Puri, Desa Aman Puri, 52100, Kepong, Kuala Lumpur
Mutiara Magna Apartment
No. C-07-15, Mutiara Magna Apartment, No.2, Jalan Metro 1, Metro Prima, 51200 Kepong, Kuala Lumpur
PPR Seri Aman
No. B-03-17, PPR Seri Aman, Jalan Aman Putra, 52000 Kepong, Kuala Lumpur
Desa Satu Apartment
No. DS4-7-V, Desa Satu Apartment, Lorong D 1/5. Desa Aman Puri, 52100 Kepong, 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
Desa Satu Apartment
No. DS1-8-D, Desa Satu Apartment, Lorong D1/5, Desa Aman Puri, Kepong, 52100 Kuala Lumpur
Desa Aman Puri Kepong
No. DS4-7-P, Blok 4 Desa Satu Apartment, Off Lorong D 1/5, Desa Aman Puri Kepong, 52100, Kuala Lumpur
How to Buy an Auction Property in Kepong
- 1Shortlist properties
Browse auction listings in Kepong, 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 · Kepong Apartment / Condo
How many apartment / condo auctions are there in Kepong?+
There are currently 32 bank auction (lelong) apartment / condo listings in Kepong, Kuala Lumpur, updated regularly.
How much below market are Kepong apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Kepong are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Kepong?+
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 Kepong?+
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 Kepong?+
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.