2377 Rumah Lelong Selangor · Bank Auction Properties
Selangor’s property market is known for its variety, from condos in bustling suburbs to landed homes in quieter towns. Bank auctions offer a smart way to buy below market value, with reserve prices often 10, 40% lower, especially for properties auctioned multiple times. Whether you are a first-home buyer or an investor, a wide selection of auction properties is available across the state. The process is straightforward: register, pay a 10% deposit, and bid on auction day. For the latest auction dates, reserve prices, and guidance on bidding, contact Peter Tan at BidNest Auction.
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Taman Setia Warisan Tropika
No. 17, Jalan WT 2/3, Taman Setia Warisan Tropika, 43900 Sepang, Selangor
Jalan Diamond B4/6
No. 2, Jalan Diamond B4/6, Diamond Residence, 43500 Semenyih, Selangor
Pangsapuri Melodi Perdana
No. MPA-20-08, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Jalan Pju 8/12f
No. 19, Jalan Pju 8/12f, The Rafflesia, Bandar Damansara Perdana, 47820, Petaling Jaya, Selangor
Lorong Sulam 2
No. 1, Lorong Sulam 2, Taman Maznah, 41000, Klang, Selangor
Lorong Kristal 5P
No. 7, Lorong Kristal 5P, Bandar Parklands, 41200, Klang, Selangor
Jalan Metro 1/9
No. 50, Jalan Metro 1/9, Bandar Metro Puchong, 47160 Puchong, Selangor
Jalan Merah Pulasan U9/4A
No. 34 (PT 1431), Jalan Merah Pulasan U9/4A, Kayangan Heights, Seksyen U9, 40150, Shah Alam, Selangor
Jalan Eco Forest 1/2B
No. 50, Jalan Eco Forest 1/2B, Eco Forest, 43500 Semenyih, Selangor
Jalan Ecohill 1/1M
No. 29, Jalan Ecohill 1/1M, Setia Ecohill, 43500, Semenyih, Selangor
Residensi Mahogani
No. 21-07 (Developer Parcel No. MR-21-07 (Type C)), Residensi Mahogani, Lorong Mahogani, Seksyen 9, Kota Damansara, 47810 Petaling Jaya, Selangor
Jalan BJ/28
No. 11, Jalan BJ/28, Taman Balakong Jaya, 43300 Seri Kembangan, Selangor
Pusat Perdagangan Hillpark
No. 11, Jalan Hillpark 11/4, Pusat Perdagangan Hillpark, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Taman M-Residensi 2
No. 25 (Developer’s Parcel No. P3-161), Jalan MR 2/7, Taman M-Residensi 2, Taman M-Residensi, 48020 Rawang, Selangor
Residensi Estetika
No. B-09-02, 9th Floor, Block B, Residensi Estetika, Jalan Dagang SB, The Mines Resort City, 43300 Seri Kembangan, Selangor
You City
No. B-24-06, You 3, Jalan You City , You City, 43200 Cheras, Selangor
Taman Sri Subang Seksyen U19
No. 27, Jalan U19/6, Taman Sri Subang Seksyen U19, 40160, Shah Alam, Selangor
Main Tower
No. 3-11, Main Tower, Sunsuria Avenue, Persiaran Mahogani, Kota Damansara, PJU 5, 47810, Petaling Jaya, Selangor
Jalan Irama 7
No. 73, Jalan Irama 7, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Rentak 1/2
No. 26, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Tower A
No. A-14-13A, Tower A, Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300 Seri Kembangan, Selangor
Jalan Kenanga
No. 9, Jalan Kenanga, Taman Bangi Jaya, 43500 Semenyih, Selangor
Taman Scientex
No. 48, Jalan SB 2/3, Taman Scientex, 42600 Jenjarom, Selangor
Taman Puteri Cheras
No. 1-02-2 Persiaran Puteri Satu, Taman Puteri (Venice Hills) Cheras, 43200, Cheras, Selangor
How to Buy an Auction Property in Selangor
- 1Shortlist properties
Browse auction listings in Selangor, 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 · Selangor
How many auction properties are there in Selangor?+
There are currently 2377 bank auction (lelong) properties in Selangor, sourced from major banks and licensed auctioneers and updated regularly.
How much below market are auction properties in Selangor?+
Reserve prices in Selangor are typically 10-40% below market value, and drop roughly another 10% each time a property goes unsold.
Can I get a loan for a lelong property in Selangor?+
Yes, most banks finance auction properties, but the balance is due within 90 to 120 days, so get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Selangor?+
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 Selangor?+
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.