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 Seri Sungai Long 8
No. 40, Jalan Seri Sungai Long 8, Taman Seri Sg. Long, 43200, Cheras, Selangor
Jalan Sp 3/18
No. 1, Jalan Sp 3/18, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Jalan Ulek Mayang 3B/KU05
No. 51, Jalan Ulek Mayang 3B/KU05, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan Suria 3A/3A
No. 2, Jalan Suria 3A/3A, Hiroki, Kajang 2, 43500 Semenyih, Selangor
Jalan Impian Makmur 2/3
No. 12, Jalan Impian Makmur 2/3, Saujana Impian, 43000, Kajang, Selangor
Jalan Eco Majestic 7/1B
No. 76, Jalan Eco Majestic 7/1B, Eco Majestic, 43500 Semenyih, Selangor
Jalan Tiang Seri U8/73B
No. 32, Jalan Tiang Seri U8/73B, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Jalan Akuatik 13/77
No. 23, D'kayangan, Jalan Akuatik 13/77, Seksyen 13, 40100, Shah Alam, Selangor
Jalan PJU 8/1A
No. P10-032, Parcel 10, Empire Residence, Jalan PJU 8/1A, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor
Jalan OS 3A
No. 2A, Jalan OS 3A, One Sierra, 68100, Batu Caves, Selangor
Jalan Nova U5/91B
No. 2, Jalan Nova U5/91B, Bandar Pinggiran Subang, Seksyen U5, 40150 Shah Alam, Selangor
Jalan Eco Majestic 8/1D
No. 42, Jalan Eco Majestic 8/1D, Eco Majestic, 43500 Semenyih, Selangor
Jalan DU 4/7
No. 80, Jalan DU 4/7, Taman Damai Utama, 47180, Puchong, Selangor
Jalan Mawar 5
No. 5, Jalan Mawar 5, Taman Saujana Utama, 47000 Sungai Buloh, Selangor
Jalan MR 1
No. 105, Maple Residence, Jalan MR 1, Laman View, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Melati
No. A-1-7, Block A, Utamara, Lot PT 329, Jalan Melati, PJU 6A, 47400 Petaling Jaya, Selangor
Jalan Eco Majestic 9/2A
No. 8 (Developer's Parcel No. 9445), Jalan Eco Majestic 9/2A, Eco Majestic, 43500 Semenyih, Selangor
Jalan Avens 1
No. 85, Jalan Avens 1, Avens Residence, Southville City, Bandar Baru Lembah Selatan, 43800 Dengkil, Selangor
Jalan Abadi 1/12
No. 13, Jalan Abadi 1/12, Abadi Heights (Veria), 47120 Puchong, Selangor
Jalan SET 2/1
No. 42, Jalan SET 2/1, Setia Eco Templer, 48000 Rawang, Selangor
Jalan Metro 1/2
No. 57, Jalan Metro 1/2, Metro Puchong, 47160 Puchong, Selangor
Jalan Set 1/6
No. 6, Jalan Set 1/6, Setia Eco Templer, 48000, Rawang, Selangor
Jalan Flora 3D/6
No. 2, Jalan Flora 3D/6, Bandar Rimbayu, 42500, Telok Panglima Garang, Selangor
Lorong Batu Nilam 19C
No. 51, Lorong Batu Nilam 19C, Bandar Bukit Tinggi 2, 41200, Klang, 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.