1907 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 Saujana 8
No. 19, Jalan Saujana 8, Taman Ampang Saujana, 68000 Ampang, Selangor
Jalan Tiara South 2
No. 47, Jalan Tiara South 2, Tiara South, 43500 Semenyih, Selangor
Jalan Hijauan 7
No. 7, Jalan Hijauan 7, Taman Hijauan, Bandar Gamuda Cove, 42700 Banting, Selangor
Jalan Tasik Prima 4/2
No. 28-1, Premises No. 28, Jalan Tasik Prima 4/2, Taman Tasik Prima, 47150 Puchong, Selangor
Jalan Amansiara 1/5
No. 75-1, Jalan Amansiara 1/5, Taman Amansiara, 48000 Rawang, Selangor
Jalan Ritma 2/8
No. 14, Jalan Ritma 2/8, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan TP 1/2
Premises No. 48, Jalan TP 1/2, Tiara Putra, 47000 Rawang, Selangor Darul Ehsan.
Jalan Mohd Tahir 25
No. 52, Jalan Mohd Tahir 25, Taman Saujama Jati, 41200 Klang, Selangor
Jalan Tanjung Api-Api 30/10
No. 37, Jalan Tanjung Api-Api 30/10, Taman Khalid Al-Walid, Seksyen 30, 40460 Shah Alam, Selangor
Jalan Tanjung Pelepas 30/156
No. 31, Jalan Tanjung Pelepas 30/156, Jalan Abdullah, Seksyen 30, 40460 Shah Alam, Selangor
Jalan LEP 4/8
No. 36, Jalan LEP 4/8, Taman Lestari Putra, Seksyen 4, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan Kosas 3/7
No. 46, Jalan Kosas 3/7, Taman Kosas, 68000 Ampang, Selangor
Jalan Ritma 2/2
No. 11B, Jalan Ritma 2/2, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Balakong Jaya 23
No. 40, Jalan Balakong Jaya 23, Taman Balakong Jaya, 43300 Seri Kembangan, Selangor
Jalan 7B/KU15
No. 59, Jalan 7B/KU15, Taman Perepat Permai, 42200 Kapar, Selangor
Lorong Masjid Sultan 9C/KS13
No. 4, Lorong Masjid Sultan 9C/KS13, Taman Tradisi Indah, Kampung Sungai Pinang, 42920 Pelabuhan Klang, Selangor
Jalan Fauna 1
No. 4-05-B, Block 4, Cyberia Crescent 1 Townvilla, Jalan Fauna 1, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Diamond B1/3
No. 7, Jalan Diamond B1/3, Diamond Residence, 43500 Semenyih, Selangor
Jalan PR 2/3
No. 44, Jalan PR 2/3, Taman Perdana Residence 2, 68100 Selayang, Selangor
Jalan Matafasa U16/168
No. 2, Jalan Matafasa U16/168, Seskyen U16, 40160 Elmina West, Selangor
Jalan SM 8
No. 11, Jalan SM 8, Taman Subang Mas, 47500 Subang Jaya, Selangor
Jalan Ceria 1B
No. 29, Jalan Ceria 1B, Ceria Residen, Cyber 10, Cyberjaya, 63000 Cyberjaya, Selangor
Jalan Cemara
No. C-38, Blok C, Hayat Villa (on-site is Jia Hayat Villa), Jalan Cemara, Seksyen 10, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Jalan Palma 24
No. 15, Jalan Palma 24, Taman Palma, 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 1907 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.