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.
Lorong Sungai Sama Gagah 20A
No. 26, Lorong Sungai Sama Gagah 20A, Taman Telok Gedong Indah, 42000 Pelabuhan Klang, Selangor
Jalan Sepakat Indah 7
No. 15, Jalan Sepakat Indah 7, Taman Sepakat Indah, Sungai Chua, 43000, Kajang, Selangor
Jalan Rentak 1/2
No. 26, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Ritma 2/11
No. 17, Jalan Ritma 2/11, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Ceri 6/7
No. 30, Jalan Ceri 6/7, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Lorong Delima 5
No. 62, Lorong Delima 5, Bandar Parklands, 41200 Klang, Selangor
Jalan Irama 2
No. 27, Jalan Irama 2, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Uranus U5/129
No. 20, Jalan Uranus U5/129, Bandar Pinggiran Subang, Seksyen U5, 40150, Shah Alam, Selangor
Jalan M Panora 1/3
No. 56, Jalan M Panora 1/3, Taman M-Residensi, 48020 Rawang, Selangor
Jalan KE 11/3
No. 8, Jalan KE 11/3, Kota Emerald, 48000 Rawang, Selangor
Jalan MG 4
No. 32, Jalan MG 4, Taman Myra Gardens, 48050 Rawang, Selangor
Jalan Rentak 2/6
No. 10, Jalan Rentak 2/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Rentak 1/5
No. 35, Jalan Rentak 1/5, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Kancung Darat 28/7
No. 25, Jalan Kancung Darat 28/7, Taman Alam Megah, Seksyen 28, 40400, Shah Alam, Selangor
Jalan Ritma 2/8
No. 36, Jalan Ritma 2/8, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Ritma 2/7
No. 33 (Developer's Parcel No. RT-1900), Jalan Ritma 2/7, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Puteri 5D/2
No. 17, Jalan Puteri 5D/2, Bandar Puteri Bangi, 43000 Kajang, Selangor
Jalan Sunsuria 3C/1A
No. 6-2, Jalan Sunsuria 3C/1A, Monet Garden, Bandar Sunsuria, 43900 Sepang, Selangor
Jalan 5A/4
No. 29, Jalan 5A/4, BTP 5, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Kosas 2/9
No. 99, Jalan Kosas 2/9, Taman Kosas, 68000, Ampang, Selangor
Jalan 4/14
No. 17, Jalan 4/14, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan PP 3/3
No. 2A (No. 4), Jalan PP 3/3, Taman Putra Prima, 47130, Puchong, Selangor
Jalan KH 12
No. 16, Jalan KH 12, Kita Harmoni, 43800 Dengkil, Selangor
Jalan Kesuma 8/4E
No. 135, Jalan Kesuma 8/4E, Bandar Tasik Kesuma, 43700 Beranang, Selangor Darul Ehsan
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.