1860 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 Pulau Angsa U10/32D
No. 24, Jalan Pulau Angsa U10/32D, Bandar Nusa Rhu, Seksyen U10, 40170, Shah Alam, Selangor
Lorong Lebuh Bandar Utama PJU 6A
No. G-1, Casa Utama, Lorong Lebuh Bandar Utama PJU 6A, 48400 Petaling Jaya, Selangor
Jalan Bangi Avenue 1/7
No. 19, Jalan Bangi Avenue 1/7, Taman Bangi Avenue, 43000, Kajang, Selangor
Jalan BSC 1A/7
No. 69, Jalan BSC 1A/7, Presint 1, Bandar Seri Coalfields, 47000 Sungai Buloh, Selangor
Lorong Batu Nilam 31B
No. 40, Lorong Batu Nilam 31B, Bandar Bukit Tinggi, 41200 Klang, Selangor
Jalan Saujana KLIA 3/1
No. 56, Jalan Saujana KLIA 3/1, Taman Saujana KLIA, 43900, Sepang, Selangor
Jalan Mahligai 2A
No. 16, Jalan Mahligai 2A, Bandar Bukit Raja, 41050 Klang, Selangor
Jalan RP 4/12
No. 48, Jalan RP 4/12, Taman Rawang Perdana, 48000, Rawang, Selangor
Jalan Kesuma 6/1j
No. 2, Jalan Kesuma 6/1j, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan Seri Putra 3/9
No. 22, Jalan Seri Putra 3/9, Bandar Seri Putra, 43000 Kajang, Selangor
Jalan MR 1/8
No. 66, Jalan MR 1/8, Taman M-Residensi, 48020, Rawang, Selangor
Jalan KM 16
No. 17, Jalan KM 16, Kita Mekar, 43800 Dengkil, Selangor
Jalan 3 Ampang Jaya
No. 3, Jalan 3 Ampang Jaya, Ampang Jaya, 68000, Ampang, Selangor
Jalan Saujana KLIA 3/3
No. 2A, Jalan Saujana KLIA 3/3, Taman Saujana KLIA, 43900, Sepang, Selangor
Jalan Palma 1/7
No. 6, Jalan Palma 1/7, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Jalan Ecohill 9/1L
No. 26, Jalan Ecohill 9/1L, Setia Ecohill 2, 43500, Semenyih, Selangor
Jalan Kebun Nenas 6H/KS8
No. 21, Jalan Kebun Nenas 6H/KS8, Bandar Putera 2, 41200, Klang, Selangor
Jalan Saujana KLIA 1/4
No. 37, Jalan Saujana KLIA 1/4, Taman Saujana KLIA, 43900, Sepang, Selangor
Jalan Alam Perdana 1
No. 49, Myra Alam Phase 2B, Jalan Alam Perdana 1, Bandar Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Reko Mutiara 1/7C
No. 12, Jalan Reko Mutiara 1/7C, Taman Reko Mutiara, 43000, Kajang, Selangor
Jalan Laksamana 19A/KS7
No. 3, Jalan Laksamana 19A/KS7, Taman Sentosa, 41200, Klang, Selangor
Jalan Putra Perdana 7/1
No. 33, Jalan Putra Perdana 7/1, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan LEP 6/4
No. 2, Jalan LEP 6/4, Seksyen 6, Bandar Putra Permai, Taman Lestari Putra, 43300 Seri Kembangan, Selangor
Jalan Ceri 6/9
No. 32, Jalan Ceri 6/9, Bandar Hillpark, 42300 Bandar Puncak Alam, 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 1860 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.