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 Tanjung Agas 30/233
No. 12, Jalan Tanjung Agas 30/233, Jalan Kebun, Seksyen 30, 40460 Shah Alam, Selangor
Jalan Sama Gagah 21
No. 36, Jalan Sama Gagah 21, Taman Telok Gedong Indah, 42000, Pelabuhan Klang, Selangor
Jalan Parklands 5
No. 72, Jalan Parklands 5, Semenyih Parklands, 43700 Beranang, Selangor
Jalan WP 3/6
No. 19-2, Jalan WP 3/6, Kota Warisan, 43900 Sepang, Selangor
Jalan Semenyih Permata 3
No. 1, Jalan Semenyih Permata 3, Taman Semenyih Permata, 43500, Semenyih, Selangor
Jalan PUJ 2/15
No. 22, Jalan PUJ 2/15, Taman Puncak Jalil, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan BBK 1/6
No. 39, Jalan BBK 1/6, Bandar Baru Kundang, 48020 Rawang, Selangor
Jalan Kebun Nenas 5K/KS8
No. 43, Jalan Kebun Nenas 5K/KS8, Bandar Putera 2, 41200, Klang, Selangor
Lorong Cakera Purnama 12/19
No. 8, Lorong Cakera Purnama 12/19, Seksyen 12, 42300 Bandar Puncak Alam, Selangor
Jalan Semenyih Indah 12
No. 52, Jalan Semenyih Indah 12, Taman Semenyih Indah, 43500 Semenyih, Selangor
Lorong Hamzah Alang 63A
No. 18, Lorong Hamzah Alang 63A, Di Jalan Tahir Manan, Taman Intan 3A, 41050, Klang, Selangor
Jalan Ap 1c/24
No. 8, Jalan Ap 1c/24, Alam Perdana, 42300, Bandar Puncak Alam, Selangor
Jalan IB 16
No. 26, Jalan IB 16, Taman Intan Baiduri, 43900 Sepang, Selangor
Jalan Cheras Prima 8
No. 8, Jalan Cheras Prima 8, Taman Cheras Prima, 43000 Kajang, Selangor
Jalan Ritma 1/3
No. 22, Jalan Ritma 1/3, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Cecawi PSB 6/20
No. 26, Jalan Cecawi PSB 6/20, Seksyen 6, Kota Damansara, 47810 Petaling Jaya, Selangor
Jalan SKJ 2/3
No. 29, Jalan SKJ 2/3, Taman Scientex Kundang Jaya, 48020, Rawang, Selangor
Jalan Sari Alamanda 7/3A
No. 19, Jalan Sari Alamanda 7/3A, Sari Alamanda Rawang, 48000, Rawang, Selangor
Jalan Anggerik Perdana 3/3
No. 29, Jalan Anggerik Perdana 3/3, Taman Anggerik Perdana, 43500, Semenyih, Selangor
Jalan Kebun Nenas 3M/KS8
No. 12, Jalan Kebun Nenas 3M/KS8, Bandar Putera 2, 41200, Klang, Selangor
Jalan 4/10
No. 19, Jalan 4/10, Taman Koperasi Polis Fasa 1, 68100 Kuala Lumpur
Jalan Hulubalang 31/KS7
No 19, Jalan Hulubalang 31/KS7, Taman Sentosa, 41200, Klang, Selangor
Jalan LG3 1/45
No. 108, Jalan LG3 1/45, Taman Langat Utama 3, Bukit Changgang, 42700 Banting, Selangor
Jalan Bayu 1
No. 10, Jalan Bayu 1, Taman Desa Sri Bayu, 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.