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 Eco Forest 1/1C
No. 66, Jalan Eco Forest 1/1C, Eco Forest, 43500 Semenyih, Selangor
Jalan KMS 12
No. 28A, Ground Floor, Jalan KMS 12, Kita Mesra @ Cybersouth, 43800 Dengkil, Selangor
Jalan Amansiara 1/5
No. 113-1, Jalan Amansiara 1/5, Taman Amansiara, 48000 Rawang, Selangor
Jalan Dato Dagang 7
No. 63, Jalan Dato Dagang 7, Taman Sentosa, 41200, Klang, Selangor
Jalan Ritma 2/9
No. 18, Jalan Ritma 2/9, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Kota Puteri 2/6
No. 9, Jalan Kota Puteri 2/6, Kota Puteri, 48100 Batu Arang , Selangor
Jalan MR 4
No. 1-12, Jalan MR 4, Meranti Residensi, 47120 Puchong, Selangor
Jalan BS 1/3
No. 20, Jalan BS 1/3, Bukit Saujana, 47000 Sungai Buloh, Selangor
Jalan Amanputra 2/4
No. 22, Jalan Amanputra 2/4, Taman Amanputra, 47100, Puchong, Selangor
Jalan Anggerik 4d/1
No. 13, Jalan Anggerik 4d/1, Seksyen Bs7, Bukit Sentosa, 48300, Rawang, Selangor
Jalan Irama 9
No. 13, Jalan Irama 9, Irama Perdana, LBS Alam Perdana, Bandar Puncak Alam, 48020, Selangor
Jalan KM 19
No. 47, Jalan KM 19, Kita Mekar, 43800 Dengkil, Selangor
Jalan Putra Perdana 16
No. 13, The Lake Residence, Jalan Putra Perdana 16, Putra Perdana, 47130 Puchong, Selangor
Jalan 5A/3
No. 43, Jalan 5A/3, BTP 5, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Elegan 1
No. 35-1, Jalan Elegan 1, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Amansiara 1/6
No. 3-3, Jalan Amansiara 1/6, Taman Amansiara, 48000 Rawang, Selangor
Jalan Irama 9
No. 61, Jalan Irama 9, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Ritma 2/9
No. 23, Jalan Ritma 2/9, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan BB 3/20
No. 12, Jalan BB 3/20, Taman Banting Baru, 42700 Banting, Selangor
Jalan KM 17
No. 7, Jalan KM 17, Kita Mekar @ Cybersouth, 43800 Dengkil, Selangor
Jalan Rentak 1/6
No. 84, Jalan Rentak 1/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Kebun Nenas 2U/KS7
No. 11, Jalan Kebun Nenas 2U/KS7, Bandar Putera, 41200 Klang, Selangor
Jalan KB 10
No. 13-1, Jalan KB 10, Kita Bayu, Cybersouth, Dengkil 43800, Selangor
Jalan Amansiara 1/1
No. 12-4, Jalan Amansiara 1/1, Taman Amansiara, 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.