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.
Bandar Tasik Puteri
No. 53-1-B, Jalan 7A/3, Bandar Tasik Puteri, 48020 Rawang, Selangor
Pangsapuri Tun Teja 1
No. A-0-2, Pangsapuri Tun Teja 1, No. 3, Jalan Tok Janggut 35/77A, Alam Impian, Seksyen 35, 40470 Shah Alam, Selangor
Desa Idaman II
No. 20B, Jalan Dato Dagang 24, Desa Idaman II, 41200, Klang, Selangor
Lower Ground Floor
No. LG 0.53, Lower Ground Floor, Selayang Capitol Complex, Selayang Kepong Expressway, 68100 Batu Caves, Selangor
Podium
No. 01-043, Podium, PJ Centrestage, No. 1, Jalan 13/1, Section 13, 46100 Petaling Jaya, Selangor
Park Avenue Shop
No. C-3-18, Block C, Park Avenue Shop, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Seasons Sq
No. GF-050, Block G, Seasons Sq, Jalan PJU 10/3C, Damansara Damai, 47380 Petaling Jaya, Selangor
Nos. 15
Nos. 15, Jalan Kemboja 3E, Perniagaan Jalan Kemboja, Bukit Sentosa, 48300 Rawang, Selangor
M-Square
No. 1-08, M-Square, Jalan DM 2, Taman Desa Millennia, 47150 Puchong, Selangor
Damansara Damai
No. C-G06, Block C, Jalan PJU 10/4C, PJU 10, Damansara Damai, 47830, Petaling Jaya, Selangor
PJ Centrestage
No. 01-123A, PJ Centrestage, No. 1, Jalan 13/1, Section 13, 46100 Petaling Jaya, Selangor
Winnie Plaza
No. 05-23, Winnie Plaza, Taman Sri Sg. Chua, 43000 Kajang, Selangor
Podium
No. G-045, Podium, PJ Centrestage, No. 1, Jalan 13/1, Seksyen 13, 46100 Petaling Jaya, 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.