4 Terrace House for Sale by Auction (Lelong) in Bandar Sri Damansara, Kuala Lumpur
Bandar Sri Damansara is a mature, well-connected township in Kuala Lumpur, known for its leafy streets and easy access to the city, and its larger terrace houses have long appealed to upgraders and investors. This page features a handful of bank auction terrace houses in Bandar Sri Damansara, part of BidNest's curated selection of high-value auction property where the first auction reserve price was RM1 million or more. Because these are lelong listings, the reserve is often 10% to 40% below market value, and every unsold round usually lowers it further, which is where the deepest discounts appear. Buying at an auction house is straightforward: register with the auctioneer, pay the 10% deposit, then bid on auction day. To check auction dates, current reserve prices and the bidding process for these terrace houses for sale, contact Peter Tan, REN 12771.
Jalan Margosa Sd 10/6a
Jalan Margosa Sd 10/6a, 52200, Bandar Sri Damansara, Kuala Lumpur
Jalan Kenanga SD 9/9B
Jalan Kenanga SD 9/9B, Bandar Sri Damansara (52200 Kuala Lumpur), 52200, Petaling Jaya, Selangor
Jalan Saga Sd 8/1
Jalan Saga Sd 8/1, 52200, Bandar Sri Damansara, Kuala Lumpur
Jalan Ara SD 7/4E
Jalan Ara SD 7/4E, Bandar Sri Damansara, 52200, Petaling Jaya, Selangor
How to Buy an Auction Property in Bandar Sri Damansara
- 1Shortlist properties
Browse auction listings in Bandar Sri Damansara, 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 · Bandar Sri Damansara Terrace House
How many terrace house auctions are there in Bandar Sri Damansara?+
There are currently 4 bank auction (lelong) terrace house listings in Bandar Sri Damansara, Kuala Lumpur, updated regularly.
How much below market are Bandar Sri Damansara terrace house auctions?+
Reserve prices for terrace house auctions in Bandar Sri Damansara are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house in Bandar Sri Damansara?+
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 Bandar Sri Damansara?+
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 Bandar Sri Damansara?+
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.