6299 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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Nos. 148-G & 1
Nos. 148-G & 1, Jalan Dataran Cheras 9, Dataran Perniagaan Cheras, 43200, Cheras, Selangor
Jalan Impian Gemilang 3/3
No. 103, Jalan Impian Gemilang 3/3, Saujana Impian Kajang, 43000, Kajang, Selangor
Premises
Premises No. 7, Jalan Eco Ardence U12/38G, Eco Ardence, Section U12, 40170 Shah Alam, Selangor
Jalan Jade Hills 12/1
No. 39, Jalan Jade Hills 12/1, Jade Hills, 43000, Kajang, Selangor
Shah Alam
No. 12, Jalan Uranus Ah U5/ah, Shah Alam, 40150, Shah Alam, Selangor
Shah Alam
No. 20, Jalan Tasik Raja Lumu M U4/M, Seksyen U4, 40150, Shah Alam, Selangor
Jalan Desa 6/7
No. 44, Jalan Desa 6/7, Bandar Country Homes, 48000, Rawang, Selangor
Jalan Ecohill 2/3c
No. 5, Jalan Ecohill 2/3c, Setia Ecohill, 43500, Semenyih, Selangor
Jalan Ulek Mayang 3D/KU5
No. 12, Dua (2) Tingkat, Jalan Ulek Mayang 3D/KU5, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan KE 4
No. 55, Jalan KE 4, Kota Emerald (Fasa 4A), Kota Emerald, 48000, Rawang, Selangor
Residensi Sembilan Cheras
No. C1-01-01, Block C, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Armanee Terrace Condominium
No. B-9-B08, Armanee Terrace Condominium, No. 8, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Lorong Sanggul 2D
No. 20, Lorong Sanggul 2D, Bandar Puteri, 41200, Klang, Selangor
Jalan Setia Utama U13/37l
No. 32, Jalan Setia Utama U13/37l, Setia Alam, 40170, Shah Alam, Selangor
Jalan Kajang East 1/1
No. 21, Jalan Kajang East 1/1, Kajang East, 43500, Semenyih, Selangor
Jalan 4/3
No. 17, Jalan 4/3, Bandar Baru Selayang, 68100 Batu Caves, Selangor
Jalan Pinggiran 5
No. 109, Jalan Pinggiran 5, Taman Pinggiran Ukay, 68000, Ampang, Selangor
Jalan MR 1
No. 80, Maple Residence, Jalan MR 1, Laman View, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Ecohill 7/6B
No 26, Jalan Ecohill 7/6B, Setia Ecohill 2, 43500, Semenyih, Selangor
Villa Lagenda Condominium
No. B-19-03, Block B, Villa Lagenda Condominium, No. 1, Jalan 4/2B, Taman Desa Bakti, 68100 Selayang, Kuala Lumpur
Eco Sky Residence
No. B-37-10, Eco Sky Residence, No. 972, Batu 6 1/2, Jalan Ipoh, 68100 Kuala Lumpur
Residensi Idaman Awan
No. 13-08, Residensi Idaman Awan (The Arcuz), Jalan PJU 1A/4F, 47301 Petaling Jaya, Selangor
Jalan Cerdik 2
Premises No. 3, Jalan Cerdik 2, Taman Universiti, 43000, Kajang, Selangor
Renai Jelutong
No. B-10-2, Block B, Renai Jelutong, No. 1 Jalan Bazar U8/100, Bukit Jelutong Seksyen U8, 40150, Shah Alam, 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 6299 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.