85 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.
92 apartment / condo lots sold at auction in Shah Alam in the last 12 months, median sold price RM 379,000, 52.2% at exactly the reserve. See sold prices
DK Impian
No. B-14-19, DK Impian, Jalan Uranus U5/125a, Subang Pelangi, Seksyen U5, 40150 Shah Alam, Selangor
Pangsapuri Danau Mas
No. 4-6-704, Pangsapuri Danau Mas, Jalan Platinum 7/58, Seksyen 7, 40000 Shah Alam, Selangor
591 Damansara SA
No. 10-9, 591 Damansara SA, No. 2, Jalan Perimbun 27/11, Seksyen 27, 40400 Shah Alam, Selangor
591 Damansara SA
No. 11-9, 591 Damansara SA, No. 2, Jalan Perimbun 27/11, Seksyen 27, 40400 Shah Alam, Selangor
Bangunan Gaya Irama D2
No. D2-6-08, Tingkat 6, Bangunan Gaya Irama D2, Jalan M U6/M, Pekan Subang, Seksyen U6, 40150 Shah Alam, Selangor Darul Ehsan
Kondominium Astana Putra
No. 2-5-606, Kondominium Astana Putra, Jalan BRP 1/1, Bukit Rahman Putra, Seksyen U20, 40160, Shah Alam, Selangor
Edusentral
No. S-26-03, Block S, Edusentral, No. 1, Jalan Setia Murni U 13/51, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
I-City
No. D-14-02, Parisien , 2, Persiaran Multimedia, I-City, Seksyen 7, Shah Alam, 40000 Shah Alam, Selangor
Pangsapuri Elaeis 2
No. 03-05, Block 19, Pangsapuri Elaeis 2, Jalan Bait U8/1, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Pangsapuri Nadayu 801
No. E-08-03, Block E, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
Pangsapuri Damai
No. C-7-7, Pangsapuri Damai, Jalan Tokoh 25/28, Taman Sri Muda, Section 25, 40400 Shah Alam, Selangor
Residensi Hijauan
No. A2-07-02, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
DK Impian
No. A-03-02, DK Impian, No. 3, Jalan Uranus U5/125A, Subang Pelangi, Section U5, 40150 Shah Alam, Selangor Darul Ehsan
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
What do apartment / condo auctions in Shah Alam actually sell for?+
92 apartment / condo lots sold at auction in Shah Alam in the last 12 months, median sold price RM 379,000, 52.2% at exactly the reserve. Every transaction is listed on the BidNest sold-prices page.
How many apartment / condo auctions are there in Shah Alam?+
There are currently 85 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.