421 Apartment / Condo for Sale by Auction (Lelong) in Shah Alam, Selangor
Looking for an affordable apartment or condo in Shah Alam? Bank auction properties, also known as lelong, offer a smart way to buy below market value, with reserve prices often 10-40% lower than similar listings. This page features a wide selection of bank auction apartments and condos across Shah Alam, Selangor, from high-rise units in established neighborhoods to newer developments. Buying at auction is straightforward: register as a bidder, pay a 10% deposit on auction day, and place your bid. For first-home buyers and investors, this is an excellent opportunity to secure a property at a cheaper price. Contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
Pangsapuri Utarid Subang
No. 8-4-23, Pangsapuri Utarid Subang, No. 1, Jalan Utarid U5/2, Seksyen U5, 40150 Shah Alam, Selangor
Pangsapuri Seroja
No. 2-6-2, Blok 2, Pangsapuri Seroja, No 2, Jalan Setia Murni U13/50, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Pangsapuri Valencia
No. A-3D, Pangsapuri Valencia, Jalan Tokoh 25/28, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Suria Jaya
No. 13-17, Suria Jaya, Jalan Padang Jawa, Seksyen 16, 40200 Shah Alam, Selangor
Pangsapuri Utarid Subang
No. 9-5-09, Block 9, Pangsapuri Utarid Subang, No. 1, Jalan Utarid U5/2, Section U5, 40150 Shah Alam, Selangor
Pangsapuri Sunway Sinar
No. S3-317, 3rd Floor, Block Sinar 3, Pangsapuri Sunway Sinar, Jalan Ungu U9/33, Sunway Kayangan, Seksyen U9, 40150 Shah Alam, Selangor
Pangsapuri Utarid Subang
No. 10-6-08, Pangsapuri Utarid Subang, No. 1, Jalan Utarid U5/2, Seksyen U5, 40150, Shah Alam, Selangor
Rumah Pangsa Seksyen 8
No. 501, Blok 17, Rumah Pangsa Seksyen 8, Jalan Liku 8/1, Seksyen 8, 40000, Shah Alam, Selangor
Pangsapuri Teratai
No. 6-5-10, Pangsapuri Teratai, Jalan Metafasa U16/3A, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Pangsapuri Subang Hijauan
No. 12-6-11, Pangsapuri Subang Hijauan, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor
Taman Sri Muda
No. 9A, Tingkat 1, Block 3J, Jalan Sabar 25/83, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
2nd Floor
No. 8B, 2nd Floor, Block 3A, Jalan Sabar 25/83, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Pangsapuri Utarid Subang
No. 10-6-14, Tingkat 6, Blok 10, Pangsapuri Utarid Subang, No.1, Jalan Utarid U5/2, Seksyen U5, 40150, Shah Alam, Selangor
How to Buy an Auction Property in Shah Alam
- 1Shortlist properties
Browse auction listings in Shah Alam, 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 · Shah Alam Apartment / Condo
How many apartment / condo auctions are there in Shah Alam?+
There are currently 421 bank auction (lelong) apartment / condo listings in Shah Alam, Selangor, updated regularly.
How much below market are Shah Alam apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Shah Alam are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Shah Alam?+
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 Shah Alam?+
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 Shah Alam?+
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.