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 24/17
No. 15, Jalan 24/17, Seksyen 24, 40300, Shah Alam, Selangor
Jalan Emas 31
No. 10, Jalan Emas 31, Bandar Sungai Emas, 42700 Sungai Manggis Banting, Selangor
Jalan Desa Kundang 6
No. 40, Jalan Desa Kundang 6, Taman Desa Kundang, 48050 Rawang, Selangor
Lorong Mahkota Impian 2/24A
No. 9, Lorong Mahkota Impian 2/24A, Seksyen 2, 42300, Puncak Alam, Selangor
Jalan Ambar 5
No. 101, Jalan Ambar 5, Taman Ambar, 43800 Dengkil, Selangor
Jalan Nyaman 25/20
No. 38, Jalan Nyaman 25/20, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan 18
No. 20, Jalan 18, Taman Sri Sungai Pelek, 43950 Sungai Pelek, Selangor
Jalan Sp 8/25
No. 29, Jalan Sp 8/25, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Jalan SP 8/25
No. 29, Jalan SP 8/25, Bandar Saujana Putra, 42610 Lebuhraya Elite, Jenjarom, Kuala Langat, Selangor
Jalan Dato Dagang 37
No. 20, Jalan Dato Dagang 37, Taman Sri Sentosa, 41200, Klang, Selangor
Jalan Widuri 2D/1
No. 42A, Jalan Widuri 2D/1, Perumahan Jalan Widuri, Bandar Bukit Beruntung, 48300 Rawang, Selangor
Jalan Tertib 25/32
No. 33, Jalan Tertib 25/32, Taman Sri Muda, Section 25, 40400, Shah Alam, Selangor
Jalan TAJ 1/6
No. 6, Jalan TAJ 1/6, Taman Alam Jaya, 42300 Bandar Puncak Alam, Selangor
Jalan Pelangi 14
No. 44, Jalan Pelangi 14, Taman Pelangi, 48000, Rawang, Selangor
Jalan Samudera 10/6C
No. 23, Jalan Samudera 10/6C, Seksyen 10 , Pulau Indah, 42920, Pelabuhan Klang, Selangor
Jalan Dm5
No. 22A-1, Residen Mutiara, Jalan Dm5, Taman Desa Mutiara, Bandar Country Homes, 48000, Rawang, Selangor
Jalan Jururawat U1/82
No. 78, Jalan Jururawat U1/82, Taman Ladang Jaya, Glenmarie, Seksyen U1, 40150 Shah Alam, Selangor
Jalan BB 3/22
No. 134, Jalan BB 3/22, Taman Banting Baru, 42700, Banting, Selangor
Jalan 5/8
No. 18, Jalan 5/8, Serdang Jaya, 43300 Seri Kembangan, Selangor
Jalan Cinta Air
No. LCM-P3, Jalan Cinta Air, Country Villas, Country Heights, 43000, Kajang, Selangor
Jalan Nipah 16
No. 22, Jalan Nipah 16, Taman Dato' Hormat, 42500 Telok Panglima Garang, Selangor
Jalan Teratai 7
No. 34, Jalan Teratai 7, Seksyen BB11, 48300, Bukit Beruntung, Selangor
Jalan Impian Satu 25/33A
No. 33, Jalan Impian Satu 25/33A, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan 9
No. 24, Jalan 9, Taman Maju, Jalan Semenyih Kajang, 43000, Kajang, 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.