40 Terrace House for Sale by Auction (Lelong) in Seri Kembangan, Selangor
Seri Kembangan in Selangor offers a moderate selection of terrace houses available through bank auction, often at reserve prices 10-40% below market value. These properties, known as lelong units, attract first-home buyers and investors looking for affordable homes for sale. The auction process is straightforward: register, pay a 10% deposit, and bid on auction day. Contact Peter Tan for upcoming auction dates, reserve prices, and guidance on bidding.
Jalan PUJ 7/14
No. 74, Jalan PUJ 7/14, Taman Puncak Jalil, 43300 Seri Kembangan, Selangor
Jalan LEP 7/8
No. 14, Jalan LEP 7/8, Taman Lestari Putra, Seksyen 7, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan DD 3A/3
No. 5, Jalan DD 3A/3, Taman Dato Demang, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan Bunga Raya
No. 65, Jalan Bunga Raya, Taman Bukit Belimbing, 43300, Seri Kembangan, Selangor
Jalan LEP 6/18
No. 32, Jalan LEP 6/18, Taman Lestari Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan DD 3A/2
No. 43, Jalan DD 3A/2, Taman Dato' Demang, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan LEP 7/14
No. 12, Jalan LEP 7/14, Taman Lestari Putra, Seksyen 7, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan LEP 6/16
No. 9, Jalan LEP 6/16, Seksyen 6, Taman Lestari Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan LEP 4/8
No. 36, Jalan LEP 4/8, Taman Lestari Putra, Seksyen 4, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan PUJ 2/15
No. 22, Jalan PUJ 2/15, Taman Puncak Jalil, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan LEP 7/21
No. 33, Jalan LEP 7/21, Seksyen 7, Taman Lestari Putra, Seri Kembangan, Selangor
Jalan Sungai Besi Indah 1/14
No. 3a, Jalan Sungai Besi Indah 1/14, Taman Sungai Besi Indah, 43300, Seri Kembangan, Selangor
Jalan 1/24
No. 14, Jalan 1/24, Taman Universiti Indah, 43300, Seri Kembangan, Selangor
Jalan 18/58
No. 53, Jalan 18/58, Taman Sri Serdang, 43300 Seri Kembangan, Selangor
Jalan PP 50B
No. 38, Jalan PP 50B, Seksyen 1, Taman Pinggiran Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan 5/8
No. 18, Jalan 5/8, Serdang Jaya, 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 Terrace House
How many terrace house auctions are there in Seri Kembangan?+
There are currently 40 bank auction (lelong) terrace house listings in Seri Kembangan, Selangor, updated regularly.
How much below market are Seri Kembangan terrace house auctions?+
Reserve prices for terrace house auctions in Seri Kembangan are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house 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.