1884 Lelong Terrace House in Selangor
In Selangor, bank auction terrace houses are a smart option for buyers seeking below-market deals. With a wide selection available, these properties are often listed as lelong through reputable auction houses, offering reserve prices that can be 10% to 40% lower than market value. Whether you are a first-home buyer or an investor, the process is straightforward: register with the auction house, pay the standard 10% deposit, and bid on auction day. For the latest auction dates, reserve prices, and a step-by-step guide to the bidding process, reach out to Peter Tan to make your move on a great terrace house in Selangor.
Jalan SKJ 2/6
No. 18, Jalan SKJ 2/6, Taman Scientex Kundang Jaya, 48020, Rawang, Selangor
Lorong Tan Sri Manickavasagam 2A
N0. 10, Lorong Tan Sri Manickavasagam 2A, (Lorong Manickavasagam 2A) , Taman Menara Maju, 41200, (41000) Klang, Selangor
Jalan Semanja 2/7
No. 48, Jalan Semanja 2/7, Tamana Semanja, 43000, Kajang, Selangor
Jalan 12
No. 2, Jalan 12, Taman Putra, 68000 Ampang, Selangor
Jalan Meringin Indah 1
No. 14, Jalan Meringin Indah 1, Taman Meringin Indah, 43000, Kajang, Selangor
Jalan BM 2/5
No. 27, Jalan BM 2/5, Seksyen 2, Bandar Bukit Mahkota, 43000, Kajang, Selangor
Jalan 1/12
No. 43, Jalan 1/12, Taman Seri Jaromas, 42600, Jenjarom, Selangor
Jalan Orbit 2/7
No. 45, Jalan Orbit 2/7, Bandar Mahkota Banting, 42700, Banting, Selangor
Jalan Dato Yusof Shahbudin 21
No. 110, Jalan Dato Yusof Shahbudin 21, Taman Sentosa, 41200, Klang, Selangor
Jalan Dato Abdul Hamid 27
No. 83, Jalan Dato Abdul Hamid 27, Taman Sentosa, 41200, Klang, Selangor
Jalan Iris 7
No. 46, Jalan Iris 7, Perumahan Jalan Iris, Taman Bunga Raya, 48300, Rawang, Selangor
Jalan Dato Abdul Hamid 9
No. 54, Jalan Dato Abdul Hamid 9, Taman Sentosa, 41200, Klang, Selangor
Persiaran Multimedia
No. E-99-B, Cyberia Smarthomes, Cyberia 11, Persiaran Multimedia, 63000, Cyberjaya, Selangor
Jalan Perkasa 25/16
No. 29, Jalan Perkasa 25/16, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan St 1d/10
No. 5, Jalan St 1d/10, Taman Cempaka, Bandar Baru Salak Tinggi, 43900, Sepang, Selangor
Jalan Frekuensi U16/114
Premises No. 21, Jalan Frekuensi U16/114, Elmina East, Section U16, 40160, Shah Alam, Selangor
Lorong Kristal 7H
No. 20, Lorong Kristal 7H, Bandar Parklands, 41200, Klang, Selangor
Jalan Terap
No. 45, Jalan Terap, Taman Palm Grove, 41200, Klang, Selangor
Jalan Alam Suria 16/34
No. 22, Jalan Alam Suria 16/34, Nusa Suria, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Jalan Alamanda 10/6
No. 42, Jalan Alamanda 10/6, Sari Alamanda, 48000, Rawang, Selangor
Jalan Bestari 3/3
No. 15, Jalan Bestari 3/3, Puncak Bestari, 43200 Bandar Puncak Alam, Selangor
Jalan Caledonia 2A/4
No. 28, Jalan Caledonia 2A/4, Bestari Jaya, 45600, Selangor
Jalan Todak 17/12
No. 9, Jalan Todak 17/12, Seksyen 17, 40200 Shah Alam, Selangor
Jalan Angkasa 1C/6
No. 33, Jalan Angkasa 1C/6, Bandar Mahkota Banting, 42700 Banting, 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 terrace house auctions are there in Selangor?+
There are currently 1884 bank auction (lelong) terrace house properties in Selangor, updated regularly.
How much below market are Selangor terrace house auctions?+
Reserve prices for terrace house auctions in Selangor are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house 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.