65 Terrace House for Sale by Auction (Lelong) in Banting, Selangor
Looking for a terrace house in Banting, Selangor? Bank auction properties offer a unique opportunity to buy below market value. Banting, a growing town known for its agricultural roots and expanding residential areas, features a moderate selection of terrace houses under the hammer. These homes often have reserve prices 10-40% lower than market rates, especially if they have been auctioned multiple times. Buying through a bank auction involves registering, paying a 10% deposit, and bidding on auction day. For auction dates, reserve prices, and guidance on the bidding process, contact Peter Tan.
Jalan Budi 3
No. 28, Jalan Budi 3, Taman Budiman, 42700 Banting, Selangor
Jalan LG3 1/18
No. 16, Jalan LG3 1/18, Taman Langat Utama 3, Bukit Changgang, 42700 Banting, Selangor
Jalan Bse 4/15
No. 32, Jalan Bse 4/15, Bandar Seri Ehsan, 42700, Banting, Selangor
Jalan LG3 1/45
No. 94, Jalan LG3 1/45, Taman Langat Utama 3, Bukit Changgang, 42700 Banting, Selangor
Jalan LG3 1/16
No. 64, Jalan LG3 1/16, Taman Langat Utama 3, 42700 Banting, Selangor
Jalan BB 3/22
No. 134, Jalan BB 3/22, Taman Banting Baru, 42700, Banting, Selangor
Jalan Tilapia 1
No. 28, Jalan Tilapia 1, Taman Sri Putra, Banting, Selangor
Jalan BSE 4/25
No. 22, Jalan BSE 4/25, Bandar Seri Ehsan, 42700, Banting, Selangor
Jalan BSE 4/25
No. 54, Jalan BSE 4/25, Bandar Seri Ehsan, 42700 Banting, Selangor
Jalan Murni 6/12
No. 42, Jalan Murni 6/12, Taman Langat Murni, Bukit Changgang, 42700 Banting, Selangor
Jalan Kiambang 5
No. 34, Jalan Kiambang 5, Taman Gembira, 42700 Banting, Selangor
Jalan BB 3/34
No. 16, Jalan BB 3/34, Taman Banting Baru, 42700, Banting, Selangor
Jalan BB 4/14
No. 4, Jalan BB 4/14, Taman Banting Baru, 42700 Banting, Selangor
Jalan LG3 1/20
No. 9, Jalan LG3 1/20, Taman Langat Utama 3, 42700 Banting, Selangor
Jalan LG3 1/20
No. 40, Jalan LG3 1/20, Taman Langat Utama 3, Bukit Changgang, 42700 Banting, Selangor
Jalan Merpati
No. 36, Jalan Merpati, Taman Setia Jaya, 47200 Banting, Selangor
Jalan Angkasa 1D/6
No. 34, Jalan Angkasa 1D/6, Bandar Mahkota Banting, 42700, Banting, Selangor
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 Terrace House
How many terrace house auctions are there in Banting?+
There are currently 65 bank auction (lelong) terrace house listings in Banting, Selangor, updated regularly.
How much below market are Banting terrace house auctions?+
Reserve prices for terrace house auctions in Banting are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house 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.