Similar to Sasquatch, the Orang Pendek is a bipedal, fur-covered humanoid creature said to wander the forest that has been allegedly spotted by Natives and Western travelers alike in Sumatra.
The Orang Pendek is said to be approximately four feet tall and very graceful, and the remote location of its supposed habitat makes it a legend that is not thoroughly critiqued by the scientific community. Some believe it is an undiscovered species of Orangutan, while others believe it is a primitive human. No matter what its biological origins are, the Orang Pendek continues to be sighted in Southeast Asia.Source
The Kraken is a legendary sea monster said to be more than a mile across, with many tentacles that it can use to wrap itself around a ship and pull it to the bottom of the sea. There are terrifying stories of the Kraken capsizing ships and drowning passengers from as far back as the twelfth century, usually of Norwegian origin.
Some believe that the Kraken is actually a misidentification of the smaller but still formidable giant squid. Other elements of the Kraken's powers, such as the ability to create powerful currents, are attributed to volcanic activity in the Icelandic region. Though the existence of the Kraken is uncertain, it is a very real cultural relic; referenced in literary and artistic works for hundreds of years, a popular rum brand is now named after the terrifying creature.Source
The legend of the Yeren, meaning "Wild Man," has been present in Chinese folklore for centuries. Said to dwell in the remote Hubei province, the Yeren is another humanoid primate that has been sighted in China since before the Great Wall.
In 1961, road builders allegedly killed a female Yeren, but when scientists came to investigate, the body had disappeared. While some believe that events like these are merely cases of gibbons or other animals being misidentified, preserved hands and feet of a previously unknown hominid were discovered in the 80s and remain a mystery.
The Yeti, a bipedal, humanoid creature, is said to live in the mountains of Nepal. It is much like the legend of the Bigfoot adapted for the Himalayas, but is supposedly shorter than the North American Bigfoot, usually described at around 6 feet.
Another similarity is the prolific nature of sightings. In 1986, a hiker in the Himalayas saw a strange creature leaving odd prints in the snow. He took pictures of the creature that have been proven undoctored. While no physical proof of the Yeti exists, the lack of evidence has only strengthened the theory of believers that Yeti are incredibly shy and elusive creatures.Source