397 Lelong Shop Office in Selangor
Selangor offers a wide selection of shop offices ideal for businesses or investors, and buying through bank auction can unlock significant savings. Bank auction properties, also known as lelong, are typically priced 10-40% below market value, making them a smart choice for entrepreneurs and first-time buyers. The process involves registering, paying a 10% deposit, and bidding on auction day. For current auction dates, reserve prices, and guidance on the bidding process, contact Peter Tan.
Metropolitan Square
No. C616, Centre Wing, Metropolitan Square, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Sfera Residensi
No. D-03-3A, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Pusat Perdagangan Seri Kembangan
No. 53A, Jalan PSK 6, Pusat Perdagangan Seri Kembangan, 43300, Seri Kembangan, Selangor
Petaling Utama Avenue
Nos. 9-3, Petaling Utama Avenue, Jalan PJS 1/50, Taman Petaling Utama, 46000 Petaling Jaya, Selangor
Petaling Utama Avenue
No. 9-1, Petaling Utama Avenue, Jalan PJS 1/50, Taman Petaling Utama, 46000 Petaling Jaya, Selangor
Petaling Utama Avenue
No. 9-2, Petaling Utama Avenue, Jalan PJS 1/50, Taman Petaling Utama, 46000 Petaling Jaya, Selangor
Space U8
No. 1-15-G, Space U8, No. 6, Persiaran Pasak Bumi, Taman Bukit Jelutong, 40150 Shah Alam, Selangor
Laman Seri Business Park
No. 121, 2, Block 3, Laman Seri Business Park, Persiaran Sukan, Seksyen 13, 40100, Shah Alam, Selangor
Vista Alam
No. S1-16-9, Block S1, Vista Alam, No. 3, Presint 4.5, Jalan Ikhtisas 14/1, Seksyen 14, 40000 Shah Alam, Selangor
Tropicana Avenue
No. A-08-13, Block A, Tropicana Avenue, No. 12, Persiaran Tropicana Golf & Country Resort, PJU 3, 47410 Petaling Jaya, Selangor
Pusat Perdagangan Icon City
No. T3A-8-18 (On Site is No. 08-18), Pusat Perdagangan Icon City, No. 1B, Jalan SS 8/39, 47300 Petaling Jaya, Selangor
Sfera Residensi
No. D-03-05, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Tiga Tingkat
Lot 71893 / No. 16, Tiga (3) Tingkat, Jalan SBP 2, Seksyen 5, 45200, Sabak Bernam, Selangor
Metropolitan Square
No. C616, Block Centre Wing, Metropolitan Square, No. 2, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Dataran Cascades
No. A-3-13, Tingkat 3, Block A, Dataran Cascades, No. 13A, Jalan PJU 5/1, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor
Plaza Kiara
No. SF-12, Plaza Kiara, Jalan Semenyih, 43500 Semenyih, Selangor
2nd Floor
No. 4801-2-05, 2nd Floor, Block 4801, CBD Perdana, Cyber 12, 63000, Cyberjaya, Selangor
Encorp Strand Garden Office
No. G-P-01, Encorp Strand Garden Office, No. 12, Jalan PJU 5/1, , Kota Damansara, 47810 Petaling Jaya, Selangor
Kompleks KPPMS
No. 10.1, Kompleks KPPMS, Lot 291, Jalan RU 3/9A, Seksyen 3, 40000 Shah Alam, Selangor
Menara Melawangi
No. E-09-10, Menara Melawangi, Bangunan Amcorp, 18, Jalan Persiaran Barat, 46050, Petaling Jaya, Selangor
Pinggiran Tasik Kiambang
No. 18, Jalan Kiambang 1A, Pinggiran Tasik Kiambang, 48200, Serendah, Selangor
Pangsapuri Metia
No. 1-03, Pangsapuri Metia, Persiaran Sukan, Seksyen 13, 40100 Shah Alam, Selangor
Tiga Tingkat
Lot 71887 / No. 2A, Tiga (3) Tingkat, Jalan SBP 2, Seksyen 5, 45200, Sabak Bernam, Selangor
Sabak Bernam
Lot 71892 / No. 12A, Jalan SBP 2, Seksyen 5, 45200, Sabak Bernam, Selangor
How to Buy an Auction Property in Selangor
- 1Shortlist properties
Browse auction listings in Selangor, 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
How many shop office auctions are there in Selangor?+
There are currently 397 bank auction (lelong) shop office properties in Selangor, updated regularly.
How much below market are Selangor shop office auctions?+
Reserve prices for shop office auctions in Selangor are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong shop office in Selangor?+
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 Selangor?+
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 Selangor?+
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.