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 Simfoni 1
No. 1B, Jalan Simfoni 1, Simfoni Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Rentak 1/7
No. 22 (Developer's Parcel No. RT-1519), Jalan Rentak 1/7, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Palas 13
No. 5, Jalan Palas 13, Taman Dato Hormat, Telok Panglima Garang, 42500, Banting, Selangor
Jalan Desa 7/13
No. 53A, Jalan Desa 7/13, Bandar Country Homes, 48000 Rawang, Selangor
Jalan Cuepacs 4
No. 23, Jalan Cuepacs 4, Taman Koperasi Cuepacs Kajang, 43000, Kajang, Selangor
Jalan Rentak 1/2
No. 54, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan SP 18
No. 9, Jalan SP 18, Taman Sri Putra, Sg Buloh, 47000 Rawang, Selangor
Jalan Alam Suria 16/34
No. 34, Jalan Alam Suria 16/34, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Jalan 1D/2
No. 1216, Jalan 1D/2, Bandar Baru Sungai Buloh, Seksyen U20, 40160 Sungai Buloh, Selangor
Jalan Yu 5
No. 15, Jalan Yu 5, Taman Yu, 45800, Jeram, Selangor
Jalan Telipot 3a
No. 2, Jalan Telipot 3a, Perumahan Jalan Telipot, Seksyen Bs9,bukit Sentosa, 48300, Rawang, Selangor
Jalan Bentara 26A/KS07
No. 23, Jalan Bentara 26A/KS07, Taman Bijaya, 41000 Klang, Selangor
Jalan Sierra 1/2
No. 66-2, Jalan Sierra 1/2, Bandar 16 Sierra, 47110, Puchong, Selangor
Jalan U5/6
No. 9, Jalan U5/6 (also known as Jln Utarid U5/6 on site), Bandar Pinggiran Subang Seksyen U5, 40150, Shah Alam, Selangor
Jalan Satria 1
No. 6, Jalan Satria 1, Taman Satria, 42500 Telok Panglima Garang, Selangor
Jalan Nenas Madu 10/KU10
No. 8, Jalan Nenas Madu 10/KU10, Taman Saujana Meru, 42200 Klang, Selangor
Jalan TPS 2/23
No. 87, Jalan TPS 2/23, Taman Pelangi Semenyih 2, 43500, Semenyih, Selangor
Jalan Buana U2/21
No. 55, Jalan Buana U2/21, Taman TTDI Jaya, Section U2, 40150, Shah Alam, Selangor
Jalan Intan 1/5
No. 103, Jalan Intan 1/5, Taman Puchong Intan, 47100 Puchong, Selangor
Jalan Bukit Mewah 9/15
No. 18, Jalan Bukit Mewah 9/15, Taman Bukit Mewah, Fasa 9, 43000 Kajang, Selangor
Jalan Kesuma 8/3G
No. 95, Jalan Kesuma 8/3G, Seksyen 8, 43700, Bandar Tasik Kesuma, Beranang, Selangor
Jalan Dahlia 2/7
No. 26, Jalan Dahlia 2/7, Taman Dahlia, 43900 Sepang, Selangor
Jalan Ritma 1/6
No. 15, Jalan Ritma 1/6, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan BM 5/29
No. 40, Jalan BM 5/29, Seksyen 5, Bandar Bukit Mahkota, Kajang 43000, 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.