12 Apartment / Condo for Sale by Auction (Lelong) in Banting, Selangor
Discover a handful of bank auction apartments and condos in Banting, Selangor, part of the Kuala Langat district. These properties offer a smart way for buyers and investors to secure a home below market value, with reserve prices often 10-40% lower than typical asking prices. Whether you are a first-home buyer or looking to expand your portfolio, buying through an auction house can lead to significant savings. The process is straightforward: register for the auction, pay a 10% deposit, and bid on auction day. For a small selection of affordable units, including those that have been auctioned multiple times at even lower prices, contact Peter Tan to learn about upcoming auction dates, reserve prices, and the bidding process. Don't miss this chance to find a budget-friendly apartment in Banting.
Taman Langat Utama
No. 11 (G-2-11), Tingkat 2, Blok G, (Jalan Pramugara), Taman Langat Utama, Bukit Changgang, 42700 Banting, Selangor
Taman Langat Murni
No. A1-L2-05, Jalan Murni 2/4, Taman Langat Murni, 42700 Banting, Selangor
Gold Coast Morib Resort
No. C1-3-11, Block C1, Gold Coast Morib Resort, Morib, 42700 Banting, Selangor
Pangsapuri Maya
No. A-17-07, Pangsapuri Maya, Jalan Cove Sentral 1, Bandar Gamuda Cove, 42700 Banting, Selangor
Pangsapuri Maya
No. B-06-05, Pangsapuri Maya, Jalan Cove Sentral 1, Bandar Gamuda Cove, 42700 Banting, Selangor
Taman Langat Murni
No. AA-L2-17, Jalan Murni 2/1, Taman Langat Murni, Bukit Changgang, 42700 Banting, Selangor
Morib Gold Cost
No. B-1-11, Blok B, Morib Gold Cost, Morib, 42700 Banting, Selangor
Taman Langat Murni
No. D1-L4-09, Jalan Murni 2/1, Taman Langat Murni, Bukit Changgang, 42700 Banting, Selangor
Taman Langat Murni
No. BB-L4-07, Jalan Murni 2/1A, Taman Langat Murni, Bukit Changgang, 42700 Banting, Selangor
Morib Gold Coast
No. A3-7-39 (No. 3755), Block A3, Morib Gold Coast, Morib, 42700 Banting, Selangor
Morib Gold Coast Morib
No. A3-1-63, Blok A3, Morib Gold Coast Morib, 42700 Banting, Selangor
Gold Coast Morib Resort
No. A3-1-63, Block A3, Gold Coast Morib Resort, Morib, 42700 Banting, Selangor Darul Ehsan
How to Buy an Auction Property in Banting
- 1Shortlist properties
Browse auction listings in Banting, 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 · Banting Apartment / Condo
How many apartment / condo auctions are there in Banting?+
There are currently 12 bank auction (lelong) apartment / condo listings in Banting, Selangor, updated regularly.
How much below market are Banting apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Banting are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Banting?+
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 Banting?+
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 Banting?+
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.