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 Ritma 2/3
No. 8A, Jalan Ritma 2/3, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Utama 42
No. 111, Jalan Utama 42, Taman Jaya Utama, 42500 Telok Panglima Garang, Selangor
Jalan Pengkalan Satu 19/50A
No. 32, Jalan Pengkalan Satu 19/50A, Seksyen 19, 40300, Shah Alam, Selangor
Persiaran Seri Pristana 1
No. A8-1-1, 1st Floor, Block A8, Eristana, Persiaran Seri Pristana 1, Seri Pristana, 47000 Sungai Buloh, Selangor
Lorong Pendamar Indah 1
No. 34, Lorong Pendamar Indah 1, Taman Pendamar Indah, 42000, Pelabuhan Klang, Selangor
Jalan PJS 4/27A
No. 55, Jalan PJS 4/27A, P.J Selatan, 46000, Petaling Jaya, Selangor
Jalan Baiduri 1/4
No. 26, Jalan Baiduri 1/4, Taman Baiduri, 42700 Banting, Selangor
Jalan 2C
No. 4, Jalan 2C, Rumah PKNS Batu 17 (Taman Jati), 48000 Rawang, Selangor
Jalan Meranti 3A/2
No. 30, Jalan Meranti 3A/2, Bandar Utama, Batang Kali, Selangor
Jalan Iris 8
No. 26, Jalan Iris 8, Perumahan Jalan Iris, Taman Bunga Raya, Bukit Beruntung, 48300, Rawang, Selangor
Jalan Tilapia 9
No. 78, Jalan Tilapia 9, Taman Seri Putera, 42700 Banting, Selangor
Jalan Desa Mahang 11
No. 194, Jalan Desa Mahang 11, Taman Desa Mahang, 45600 Jeram, Selangor
Jalan Pp 2/10
No. 92, Jalan Pp 2/10, Taman Putra Prima, 47130, Puchong, Selangor
Jalan Suakasih 3/5
No. 9, Jalan Suakasih 3/5, Bandar Tun Hussein Onn, 43200, Cheras, Selangor
Jalan Kesuma 8/2d
No. 21, Jalan Kesuma 8/2d, Seksyen 8, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan Platinum 7/44
No. 71, Jalan Platinum 7/44, Seksyen 7, 40000 Shah Alam, Selangor
Jalan Batu Nilam 8
No. 67, Jalan Batu Nilam 8, Bandar Bukit Tinggi, 41200, Klang, Selangor
Jalan Aruna 6
No. 20, Jalan Aruna 6, Taman M Aruna, 48020, Rawang, Selangor
Jalan Dc 3/3
No. 5, Jalan Dc 3/3, Desa Coalfields, 47000, Sungai Buloh, Selangor
Jalan SR 2/1C
No. 9, Jalan SR 2/1C, Taman Saujana Rawang, 48000, Rawang, Selangor
Jalan Harmoni 11/3
No. 7, Jalan Harmoni 11/3, Taman Harmoni, 43500 Semenyih, Selangor
Lorong Taming Sari 2
No. 33, Lorong Taming Sari 2, Taman Taming Jaya, 43200, Cheras, Selangor
Jalan Mahagoni 2b/1
No. 35, Jalan Mahagoni 2b/1, Perumahan Jalan Mahagoni, 44300, Batang Kali, Selangor
Jalan Sri Tanjong 3
No. 17, Jalan Sri Tanjong 3, Taman Seri Tanjong, 43500, Semenyih, 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.