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 BSC 4A/5
No. 50, Jalan BSC 4A/5, Bandar Seri Coalfields, Presint 4, 47000, Sungai Buloh, Selangor
Jalan Cassia U17/72
No. 15, Jalan Cassia U17/72, Elmina West, Seksyen U17, 40160, Shah Alam, Selangor
Jalan Panglima Awang 35/126B
No. 23, Jalan Panglima Awang 35/126B, Alam Impian, Seksyen 35, 40470 Shah Alam, Selangor
Jalan MR 1/15
No. 2, Jalan MR 1/15, Taman M- Residensi, 48020, Rawang, Selangor
Jalan Damai Perdana 2/5
No. 23, Jalan Damai Perdana 2/5, Bandar Damai Perdana, 43200 Cheras, Selangor
Jalan Zaitun 8/4
No. 43, Jalan Zaitun 8/4, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Jalan PJU 10/17B
No. 16-2, Jalan PJU 10/17B, Sutera Damansara, 47830 Petaling Jaya, Selangor
Jalan Fauna 3/5
No. 18, Jalan Fauna 3/5, Bandar Rimbayu, 42500, Telok Panglima Garang, Selangor
Jalan PJU 3/35
No. 3-2, Parkville Townhouse, Jalan PJU 3/35, Sunway Damansara, 47810 Petaling Jaya, Selangor
Jalan USJ 3D/4
No. 5, Jalan USJ 3D/4, 47610 Subang Jaya, Selangor
Jalan Ulek Mayang 6E/KU5
No. 8, Jalan Ulek Mayang 6E/KU5, Bandar Bukit Raja, 41050 Klang, Selangor
Jalan Tasik Raja Lumu U4/14
No. 21, Jalan Tasik Raja Lumu U4/14, Taman Subang Delima, Seksyen U4, 40150 Shah Alam, Selangor
Jalan Setia Perdana U13/26N
No. 26, Jalan Setia Perdana U13/26N, Precint 12, 40170, Shah Alam, Selangor
Bandar Bukit Puchong 2
No. NT62, Nilam Terraces, Bandar Bukit Puchong 2, 47120, Puchong, Selangor
Jalan Panglima Awang 35/113
No. 29, Jalan Panglima Awang 35/113, Alam Impian, Seksyen 35, 40470 Shah Alam, Selangor
Jalan AP 4
No. 5, Jalan AP 4, Andira Park, Bandar Bukit Puchong 2, 47120 Puchong, Selangor
Jalan Kesuma 5/1B
No. 39, Jalan Kesuma 5/1B, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan DC 1/3A
No. 13, Jalan DC 1/3A, Danau Ceria, Bandar Gamuda Gardens, 48050 Rawang, Selangor
Jalan SS 5D/9A
No. 4, Jalan SS 5D/9A, Kelana Jaya, 47301, Petaling Jaya, Selangor
Jalan Kajang East 1/1
No. 21, Jalan Kajang East 1/1, Kajang East, 43500, Semenyih, Selangor
Jalan BSC 4A/5
No. 27, Jalan BSC 4A/5, Presint 4, Bandar Seri Coalfields, 47000, Sungai Buloh, Selangor
Jalan CW 1/2A
No. 42, Jalan CW 1/2A, Cybersouth, 43800 Dengkil, Selangor
Jalan Eco Grandeur 2/2E
No. 38, Jalan Eco Grandeur 2/2E, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Lorong Hijau 3/2
No. 154, Lorong Hijau 3/2, Taman Hijau, 48000 Rawang, 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.