13 Rumah Lelong Serendah · Bank Auction Properties
Serendah, a tranquil town in Selangor, offers a unique opportunity for buyers seeking affordable property through bank auctions. With a moderate inventory of homes for sale, including terraces and semi-detached houses, these auction properties often have reserve prices 10-40% below market value, making them an attractive option for investors and first-home buyers. The process is straightforward: register, pay a 10% deposit, and bid on auction day. Contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
Jalan Gapi 2C/5
No. 2, Jalan Gapi 2C/5, Seksyen 2, Antara Gapi, 48200, Serendah, Selangor
Laman Gapimas
No. 22, Jalan Gapimas 1, Laman Gapimas, 48200, Serendah, Selangor
Jalan Gapi 5A/7
No. 8, Jalan Gapi 5A/7, Seksyen 5, Antara Gapi, 48200 Serendah, Selangor
Jalan Gapi 5A-11
No. 4, Jalan Gapi 5A-11, Seksyen 5, Antara Gapi, 48200 Serendah, Selangor
Pinggiran Tasik Kiambang
No. 18, Jalan Kiambang 1A, Pinggiran Tasik Kiambang, 48200, Serendah, Selangor
Jalan Melati 1/2
No. 4, Jalan Melati 1/2, Kampung Seri Serendah, 48200 Serendah, Selangor
Jalan Gapi 1E
No. 13, Jalan Gapi 1E, Antara Gapi, 48200 Serendah, Selangor
Jalan Anggerik 4C
No. 31, Jalan Anggerik 4C, Seksyen BS 7, Bandar Bukit Sentosa, 48300, Serendah, Selangor
Jalan Melati 2B/1
No. 33, Jalan Melati 2B/1, Taman Melati, 48200, Serendah, Selangor
Jalan Melati 2D
No. 35, Jalan Melati 2D, Taman Melati, 48200, Serendah, Selangor
Jalan Melor 2C
No. 27, Jalan Melor 2C, Desa Melor, 48200 Serendah, Selangor
Pangsapuri Seri Cempaka
No. B-4-07, Block B, Pangsapuri Seri Cempaka, Jalan Kiambang 1, Pinggiran Tasik Kiambang, 48200 Serendah, Selangor
Pangsapuri Rakyat
No. 3-15, Pangsapuri Rakyat, Jalan Kekwa 15, Taman Serendah Makmur, 48200 Serendah, Selangor
How to Buy an Auction Property in Serendah
- 1Shortlist properties
Browse auction listings in Serendah, 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 · Serendah
How many auction properties are there in Serendah?+
There are currently 13 bank auction (lelong) properties in Serendah, Selangor, updated regularly.
How much below market are Serendah auction properties?+
Reserve prices in Serendah are typically 10-40% below market value, even lower for properties auctioned several times.
Can I get a loan for a lelong property in Serendah?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How do I bid on a lelong property in Serendah?+
Register for the auction, pay the 10% deposit, and bid on auction day. Contact Peter Tan to guide you through the process.
How much deposit do I need to bid in Serendah?+
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 Serendah?+
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.