2 Terrace House for Sale by Auction (Lelong) in Bukit Beruntung, Selangor
Bukit Beruntung in Selangor is an up-and-coming township offering some of the most affordable terrace houses in the Klang Valley. For buyers seeking a good deal, bank auction properties here present a smart opportunity, with reserve prices often 10-40% below market value. The auction house handles the sale, and interested buyers can register, pay a 10% deposit, and bid on auction day. Whether you are a first-home buyer or an investor, this small but promising selection of rumah lelong for sale could be your entry into property ownership. Contact Peter Tan for auction dates, reserve prices, and guidance through the bidding process.
Jalan Semarak 2
No. 10, Jalan Semarak 2, Seksyen Bb7, 48300, Bukit Beruntung, Selangor
Jalan Teratai 7
No. 34, Jalan Teratai 7, Seksyen BB11, 48300, Bukit Beruntung, Selangor
How to Buy an Auction Property in Bukit Beruntung
- 1Shortlist properties
Browse auction listings in Bukit Beruntung, 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 · Bukit Beruntung Terrace House
How many terrace house auctions are there in Bukit Beruntung?+
There are currently 2 bank auction (lelong) terrace house listings in Bukit Beruntung, Selangor, updated regularly.
How much below market are Bukit Beruntung terrace house auctions?+
Reserve prices for terrace house auctions in Bukit Beruntung are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house in Bukit Beruntung?+
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 Bukit Beruntung?+
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 Bukit Beruntung?+
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.