1907 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 8A/1
No. 69, Jalan Meranti 8A/1, Bandar Utama Batang Kali Fasa 1, 44300, Batang Kali, Selangor
Jalan Cenderai
No. 18, Jalan Cenderai, Taman Sinaran, 45600 Bestari Jaya, Selangor
Jalan 8
No. 3, Jalan 8, Taman Sri Sungai Pelek, 43950 Sungai Pelek, Selangor
Jalan Sri Bayu 26
No. 3, Jalan Sri Bayu 26, Taman Sri Bayu, Bagan Lalang, 43950 Sungai Pelek, Selangor
Jalan Melor 2C
No. 27, Jalan Melor 2C, Desa Melor, 48200 Serendah, Selangor
Jalan Murai 20
No. 11, Jalan Murai 20, Pantai Sepang Putra, 43950, Sungai Pelek, Selangor
Jalan Kedidi 10
No. 26, Jalan Kedidi 10, Pantai Sepang Putra, 43950 Sungai Pelek, Selangor
Jalan Kilauan 9/2A
No. 11, Jalan Kilauan 9/2A, Taman Kilauan, 45600, Bestari Jaya, Selangor
Jalan Angkasa 1D/6
No. 34, Jalan Angkasa 1D/6, Bandar Mahkota Banting, 42700, Banting, Selangor
Jalan Titiwangsa Utama
No. 51-A, Jalan Titiwangsa Utama, Rumah Murah Kalumpang, 44100 Kerling, Selangor
Jalan Kilauan 4
No. 8, Jalan Kilauan 4, Taman Kilauan, 45600 Bestari Jaya, 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 1907 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.