6461 Rumah Lelong Selangor · Bank Auction Properties
Selangor’s property market is known for its variety, from condos in bustling suburbs to landed homes in quieter towns. Bank auctions offer a smart way to buy below market value, with reserve prices often 10, 40% lower, especially for properties auctioned multiple times. Whether you are a first-home buyer or an investor, a wide selection of auction properties is available across the state. The process is straightforward: register, pay a 10% deposit, and bid on auction day. For the latest auction dates, reserve prices, and guidance on bidding, contact Peter Tan at BidNest Auction.
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Menara A
No. A-23A-10, Menara A, Residensi Verando, Jalan PJS 5/27, PJ Selatan Sentral, 46000 Petaling Jaya, Selangor
Jalan Aruna 4
No. 48, Dua (2) Tingkat, Jalan Aruna 4, Taman M Aruna, 48020, Rawang, Selangor
Lorong Az-Zaharah 10/15
No. 2, Lorong Az-Zaharah 10/15, Seksyen 10, Bandar Baru Puncak Alam, 42300 Bandar Puncak Alam, Selangor
Jalan Seri Intan 1
No. 29, Jalan Seri Intan 1, Taman Seri Intan, 68000 Ampang, Selangor
Jalan Gasing 11/1A
No. 27, Jalan Gasing 11/1A, Seksyen 11, 40100 Shah Alam, Selangor
Jalan Bestari 2/1
No. 9, Jalan Bestari 2/1, Puncak Bestari, 42300, Bandar Puncak Alam, Selangor
Lorong Nuri 1
No. 2, Lorong Nuri 1, Off Jalan Meru, 41050 Klang, Selangor
Jalan Sunsuria 3B/6
No. 5, Jalan Sunsuria 3B/6, Monet Spring Time, Bandar Sunsuria, 43900 Sepang, Selangor
Jalan Seri Emas 2
No. 2, Jalan Seri Emas 2, Taman Seri Emas, 43000 Kajang, Selangor
The Parque Residences
No. C-02-02, The Parque Residences, Jalan Eco Santuari 3/1, Eco Santuari, 42500, Telok Panglima Garang, Selangor
Residensi 1 Utara (Lakepark Residence @KL
No. B-18-08, Block B, Residensi 1 Utara (Lakepark Residence @KL, No. 42, Jalan 1/2B, Selayang, 68100 Kuala Lumpur
Jalan Lombong Timah 29/39
No. 42, Jalan Lombong Timah 29/39, Taman Anggerik Permai, Seksyen 29, 40460 Shah Alam, Selangor
Lorong Sungai Keramat 34B/KU6
No. 2A, Lorong Sungai Keramat 34B/KU6, Taman Klang Utama, 42100 Klang, Selangor
Jalan Sentosa Villa 1/2
No. 27, Jalan Sentosa Villa 1/2, Taman Sentosa Villa, 43000, Kajang, Selangor
Jalan Kolam Air Lama
No. 159, Jalan Kolam Air Lama, Ampang Jaya, 68000 Ampang, Selangor
Jalan Kipark 3
No. 21, Jalan Kipark 3, Taman Kipark, 47120, Puchong, Selangor
Jalan LP 2/10
No. 29, Jalan LP 2/10, Taman Lestari Perdana, 43000 Seri Kembangan, Selangor
Jalan Palma 1/8
No. 32, Jalan Palma 1/8, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Jalan Seri Siantan 50
No. 45, Jalan Seri Siantan 50, Taman Seri Andalas, 41200 Klang, Selangor
JALAN SI 2
NO. 6, JALAN SI 2, TAMAN SEMARANG INDAH, 43800, DENGKIL, Selangor
Jalan Gambus 1
No. 4, Jalan Gambus 1, Kawasan 3, Taman Desawan, 41200, Klang, Selangor
Jalan Gunung Nuang U11/31
No. 19, Jalan Gunung Nuang U11/31, Bukit Bandaraya Shah Alam, 40170 Shah Alam, Selangor
Jalan 5A/3
No. 26, Jalan 5A/3, BTP 5, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Nusaputra 1/1B
No. 42A, Jalan Nusaputra 1/1B, Bandar Nusaputra, 47130 Puchong, 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 · Selangor
How many auction properties are there in Selangor?+
There are currently 6461 bank auction (lelong) properties in Selangor, sourced from major banks and licensed auctioneers and updated regularly.
How much below market are auction properties in Selangor?+
Reserve prices in Selangor are typically 10-40% below market value, and drop roughly another 10% each time a property goes unsold.
Can I get a loan for a lelong property in Selangor?+
Yes, most banks finance auction properties, but the balance is due within 90 to 120 days, so 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.