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 Bendahara 16/7
No. 8, Jalan Bendahara 16/7, Seksyen 7, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Jalan Bukit Mewah 9/15
No. 2, Jalan Bukit Mewah 9/15, Taman Bukit Mewah, Semenyih, 43000, Kajang, Selangor
Jalan Sl 6/5
No. 18, Jalan Sl 6/5, Bandar Sungai Long, 43000, Kajang, Selangor
Jalan Elektron U16/94
No. 3, Jalan Elektron U16/94, Denai Alam, Seksyen U16, 40160 Shah Alam, Selangor
Jalan Alam Suria 15/3/1
No. 31, Jalan Alam Suria 15/3/1, Seksyen 15, 42300, Bandar Puncak Alam, Selangor
Jalan KH 5
No. 29, Jalan KH 5, Kita Harmoni Cybersouth, 43800 Dengkil, Selangor
Jalan Anggerik 2E/2
No. 9, Jalan Anggerik 2E/2, Perumahan Jalan Anggerik, Prima Beruntung, 48300 Bandar Prima Beruntung, Selangor
Jalan Alam Suria 16/3
No. 42, Jalan Alam Suria 16/3, Fasa 5a1 Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Jalan Rentak 1/3
No. 48, Jalan Rentak 1/3, Rentak Perdana @ LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Kota Puteri 5/16
No. 23, Jalan Kota Puteri 5/16, Seksyen 5, Kota Puteri, 48100 Batu Arang, Selangor
Jalan Gapi 2C/5
No. 2, Jalan Gapi 2C/5, Seksyen 2, Antara Gapi, 48200, Serendah, Selangor
Jalan LEP 4/6
No. 25, Jalan LEP 4/6, Seksyen 4, Taman Lestari Putra, 43300 Seri Kembangan, Selangor
Jalan SP 7/1
No. 41, Jalan SP 7/1, Saujana Puchong, 47100 Puchong, Selangor
Jalan SJ 30
No. 24, Jalan SJ 30, Taman Selayang Jaya, 68100, Batu Caves, Selangor
Jalan MR 1/18
No. 6, Jalan MR 1/18, Taman M Residensi (M Residence @ Rawang), 48020, Rawang, Selangor
Jalan Rentak 1/2
No. 22, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan BSC 3B/11
No. 21, Jalan BSC 3B/11, Bandar Seri Coalfields, 47000, Sungai Buloh, Selangor
Jalan 6
No. 4493, Jalan 6, Taman Tan Sri Manikavasagam, 43500 Semenyih, Selangor
Jalan Putra Perdana 3/6
No. 29, Jalan Putra Perdana 3/6, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Laksamana 7
No. 9, Jalan Laksamana 7, Taman Sentosa, 41200 Klang, Selangor
Jalan Akasia 1/4
No. 19-2, Jalan Akasia 1/4, Taman Akasia, 43500 Semenyih, Selangor
Jalan Mahkota 1A/1
No. 19, Jalan Mahkota 1A/1, Bandar Mahkota Banting, 42700 Banting, Selangor
Jalan 4/4
No. 17, Jalan 4/4, Taman Jati, Batu 17, 48000 Rawang, Selangor
Jalan Desa 4/11
No. 4, Jalan Desa 4/11, Bandar Country Homes, 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.