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 Meranti 5A
No. 26, Jalan Meranti 5A, Bandar Utama Batang Kali, 44300, Batang Kali, Selangor
Jalan Mawar 2
No. 35, Jalan Mawar 2, Rumah Murah Kg Melaka, 43200 Cheras, Selangor
Jalan Teratai 9
No. 19, Jalan Teratai 9, Taman Seri Teratai, 44000 Kuala Kubu Baharu, Selangor
Jalan Budi Dua 25/21B
No. 21, Jalan Budi Dua 25/21B, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan BSE 4/10
No. 39, Jalan BSE 4/10, Bandar Seri Ehsan, 42700, Banting, Selangor
Jalan Rakit 19/48
No. 41, Jalan Rakit 19/48, Seksyen 19, 40300 Shah Alam, Selangor
Jalan Melati 2D
No. 35, Jalan Melati 2D, Taman Melati, 48200, Serendah, Selangor
Jalan Kilauan 2
No. 62, Jalan Kilauan 2, Taman Kilauan, 45600 Bestari Jaya, Selangor
Jalan Teladan 25/22
No. 9, Jalan Teladan 25/22, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Jalan GU 1/3
No. 18, Jalan GU 1/3, Taman Garing Utama, 48000 Rawang, Selangor
Jalan Sri Bayu 25
No. 20, Jalan Sri Bayu 25, Taman Sri Bayu, Bagan Lalang, 43900, Sepang, Selangor
Jalan Amansiara 1/1
No. 24-3, Jalan Amansiara 1/1, Taman Amansiara, 48000 Rawang, Selangor
Taman West Country
No. 31 Jalan 5/15, Taman West Country, Seksyen 5, 43650 Bandar Baru Bangi, Selangor
Jalan Nyaman 25/20
No. 55, Jalan Nyaman 25/20, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan Murni 2
No. 29, Jalan Murni 2, Taman Murni, Sungai Terap, 45500, Tanjong Karang, Selangor
Jalan Kemudi 2J
No. 8, Jalan Kemudi 2J, Bernam Jaya, Hulu Bernam, 44100 Kerling, Selangor
Jalan Teratai 5
No. 17, Jalan Teratai 5, Seksyen BB 11,Bandar Bukit Beruntung, 48300, Rawang, Selangor
Jalan 3
No. 26, Jalan 3, Taman Seri Setia, 45500 Tanjong Karang, Selangor
Jalan Meranti 3A/19
No. 85, Jalan Meranti 3A/19, Bandar Utama Batang Kali, 44300 Batang Kali, Selangor
Lorong Teratai 2/16
No. 13, Lorong Teratai 2/16, Bandar Baru Kuala Selangor, 45000, Kuala Selangor, Selangor
Jalan DC 5/1
No. 18-U, Premis 18, Jalan DC 5/1, Desa Coalfields, 47000, Sungai Buloh, Selangor
Jalan Desa Mahang 4
No. 315, Jalan Desa Mahang 4, Taman Desa Mahang, 45800 Jeram, Selangor
Jalan 18
No. 12, Jalan 18, Taman Ampang Pecah, 44000 Kuala Kubu Bharu, Selangor
Jalan Kedidi 13
No. 3, Jalan Kedidi 13, Pantai Sepang Putra, 43950 Sungai Pelek, 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.