53 Apartment / Condo for Sale by Auction (Lelong) in Seri Kembangan, Selangor
Seri Kembangan in Selangor is a growing hub for first-home buyers and investors, offering a wide selection of apartments and condominiums that suit modern urban living. At BidNest Auction, you can find these properties through bank auction or auction house listings, often with reserve prices 10-40% below market value. For those searching for a cheaper entry into property ownership, bank lelong auctions provide a smart opportunity. The process involves registering, paying a 10% deposit, and bidding on auction day. Contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
43 apartment / condo lots sold at auction in Seri Kembangan in the last 12 months, median sold price RM 350,000, 34.9% at exactly the reserve. See sold prices
Pangsapuri Suria Perdana
No. B-8-5, Pangsapuri Suria Perdana, Taman Serdang Perdana, Seksyen 4, 43300, Seri Kembangan, Selangor
Tower B
No. B-11-07, Tower B, Universal 360, Jalan Raya 2, Taman Serdang Jaya, 43300 Seri Kembangan, Selangor
Prestige Residence
No. A-19-06, Block A, Prestige Residence, No. 1, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Pangsapuri Seri Pinang
No. B-13-06, Blok B, Pangsapuri Seri Pinang, Taman Bukit Serdang, Seksyen 1, 43300, Seri Kembangan, Selangor
Pangsapuri Suria Perdana
No. B-20-2, Pangsapuri Suria Perdana, Taman Serdang Perdana Sek 4, 43300, Seri Kembangan, Selangor
How to Buy an Auction Property in Seri Kembangan
- 1Shortlist properties
Browse auction listings in Seri Kembangan, 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 · Seri Kembangan Apartment / Condo
What do apartment / condo auctions in Seri Kembangan actually sell for?+
43 apartment / condo lots sold at auction in Seri Kembangan in the last 12 months, median sold price RM 350,000, 34.9% at exactly the reserve. Every transaction is listed on the BidNest sold-prices page.
How many apartment / condo auctions are there in Seri Kembangan?+
There are currently 53 bank auction (lelong) apartment / condo listings in Seri Kembangan, Selangor, updated regularly.
How much below market are Seri Kembangan apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Seri Kembangan are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Seri Kembangan?+
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 Seri Kembangan?+
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 Seri Kembangan?+
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.