1866 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 Tropika 5
No. 26, Jalan Tropika 5, Taman Tropika, 43000, Kajang, Selangor
Jalan Elegan 1
No. 31-2, Jalan Elegan 1, Elegan Residensi, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Dahlia PJU 6A
No. 5A, Upper Floor, Block B, 1 Ara Townhouse, Jalan Dahlia PJU 6A, 47400 Petaling Jaya, Selangor
Jalan MR 2/22
No. 32A, Jalan MR 2/22, Taman M-Residensi 2, Taman M-Residensi, 48020 Rawang, Selangor
Jalan 1
Premises No. 26, Jalan 1 (formerly Known As Jalan Berjaya 5), Taman Berjaya, 68100, Batu Caves, Selangor
Jalan 1
No. 26, Jalan 1, Taman Berjaya 5, Taman Berjaya, 68100 Batu Caves, Selangor
Jalan Indah 9
No. 1, Jalan Indah 9, Taman Indah Sungai Jelok, 43000, Kajang, Selangor
Jalan Kebun Nenas 2G/KS7
No. 27, Jalan Kebun Nenas 2G/KS7, Bandar Putera, 41200, Klang, Selangor
Jalan Tanjung Tenteram 30/21A
No. 2, Jalan Tanjung Tenteram 30/21A, Taman Impian Sutera, 40460 Shah Alam, Selangor
Jalan Indah 3/6
No. 39, Jalan Indah 3/6, Taman Puchong Indah, 47100, Puchong, Selangor
Jalan TS 2
No. 28, Jalan TS 2, Taman Taming Setia, 43000 Kajang, Selangor
Jalan Sempurna Damai 1/1
No. 8, Jalan Sempurna Damai 1/1, Taman Sempurna Damai, 43500, Semenyih, Selangor
Jalan Platinum 1/5
No. 12A-1, Jalan Platinum 1/5, Platinum Residence, 43800 Dengkil, Selangor
Jalan Rentak 1/6
No. 74, Jalan Rentak 1/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan LEP 6/10
No. 18, Jalan LEP 6/10, Seksyen 6, Taman Lestari Putra, 47110, Puchong, Selangor
Jalan Hijau Pelangi U9/55
No. E-6-2, Primer Garden Town Villas, Jalan Hijau Pelangi U9/55, Cahaya SPK, 40150 Shah Alam, Selangor
Jalan SS 3/2
No. 23, Jalan SS 3/2, Taman Saujana Sekata, 43000 Kajang, Selangor
Jalan Sungai Long 32/182
No. 29, Jalan Sungai Long 32/182, Taman Anugerah, Jalan Kampung Sri Gambut, Seksyen 32, 40460 Shah Alam, Selangor
Jalan Sari Alamanda 8/3a
No. 23, Jalan Sari Alamanda 8/3a, Sari Alamanda, 48000, Rawang, Selangor
Jalan Ritma 1/6
No. 36, Jalan Ritma 1/6, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Gapi 5A/7
No. 8, Jalan Gapi 5A/7, Seksyen 5, Antara Gapi, 48200 Serendah, Selangor
Lorong Hulubalang 9B/KS7
No. 30, Lorong Hulubalang 9B/KS7, Taman Sentosa, 41200 Klang, Selangor
Jalan 5/1A
No. 17, Jalan 5/1A, Akasia Park, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Ritma 1/2
No. 20, Jalan Ritma 1/2, Ritma Perdana, LBS Alam Perdana, 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 1866 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.