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 Belimbing Indah
No. 41 (PT 963), Jalan Belimbing Indah, Taman Belimbing Indah, 43300, Seri Kembangan, Selangor
Jalan UB 12A
No. 78, Jalan UB 12A, Taman Ukay Bistari, Ampang, Selangor
Jalan Aman Elemen 5
No. 21 (Developer's Parcel No. TA10-189), Jalan Aman Elemen 5, Bandar Tropicana Aman (Elemen), 42500 Telok Panglima Garang, Selangor
Jalan Metro 1/9
No. 50, Jalan Metro 1/9, Bandar Metro Puchong, 47160 Puchong, Selangor
Mutiara Tropicana
No. B-8, Mutiara Tropicana, No. 74 Persiaran Tropicana, 47410, Petaling jaya, Selangor
Jalan DJ 1
No. 2, Jalan DJ 1, Taman Delima Jaya, 43800 Dengkil, Selangor
Jalan SL 6
No. 21, Jalan SL 6, Sejati Lakeside, Cyber 10, 63000, Cyberjaya, Selangor
Persiaran Hijau Kasturi
No. 5, 50 Residensi, Persiaran Hijau Kasturi, Cahaya SPK, 40150 Shah Alam, Selangor
Jalan Kajang Perdana 12/6
No. 1, Jalan Kajang Perdana 12/6, Taman Kajang Perdana, 43000, Kajang, Selangor
Jalan Elektron U16/67
No. 19, Jalan Elektron U16/67, Denai Alam, Seksyen 16, 40160 Shah Alam, Selangor
Jalan PUJ 9/6
No. 27, Jalan PUJ 9/6, Taman Puncak Jalil, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan USJ 4/6D
No. 27, Jalan USJ 4/6D, 47600 Subang, Jaya, Selangor
Jalan Hijau Pelangi U9/48
No. 6, Jalan Hijau Pelangi U9/48, Cahaya SPK, 40150, Shah Alam, Selangor
Jalan Penaga 4/KS6
No. 43, Jalan Penaga 4/KS6, Bandar Botanic, 41200, Klang, Selangor
Jalan Setia Utama U13/37N
No. 13, Jalan Setia Utama U13/37N, Setia Alam, 40170, Shah Alam, Selangor
Jalan Ulek Mayang 3D/KU5
No. 12, Dua (2) Tingkat, Jalan Ulek Mayang 3D/KU5, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan Sierra 2/8
No. 53, Jalan Sierra 2/8, Bandar 16 Sierra, 47120, puchong, Selangor
Jalan MA 1
No. 45, Jalan MA 1, Taman Meranti Aman, 47120 Puchong, Selangor
Jalan Barat 6
No. 19, Jalan Barat 6, D' Island Residence, 47130, Puchong, Selangor
Jalan Prima Saujana 4/7
No. 33, Jalan Prima Saujana 4/7, Seksyen 4, Taman Prima Saujana, 43000 Kajang, Selangor
Jalan WT 2/5
No. 22, Jalan WT 2/5, Setia Warisan Tropika, 43900 Sepang, Selangor
Jalan Mahligai 5E/KU2
No. 19, Jalan Mahligai 5E/KU2, Bandar Bukit Raja, 41050 Klang, Selangor
Jalan Tar Timur 3
No. 1, Jalan Tar Timur 3, Taman Anggun Residens, 48000, Rawang, Selangor
Jalan USJ 3/4
No. 264, Jalan USJ 3/4, USJ 3, 47600, Subang 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 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.