6258 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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Residensi Sembilan Cheras
No. A-06-05, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Kondominium Sunway Sutera
No. C-803, Blok C, Kondominium Sunway Sutera, Jalan Tropicana Utara, Sunway Damansara, 47810, Petaling Jaya, Selangor
Jalan Alam Suria 16/54
No. 15, Jalan Alam Suria 16/54, Seksyen 16, 42300 Bandar Puncak Alam, Selangor
Casa Damansara 2
No. A-206, Casa Damansara 2, No. 219, Jalan SS 2/72, 47300 Petaling Jaya, Selangor
Jalan Sungai Batu 54
No. 15, Jalan Sungai Batu 54, Taman Klang Utama, 42100 Klang, Selangor
Pusat Bandar Puchong
No. R3-16-11, Blok R3, Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, 47160 Puchong, Selangor
Lorong Cakera Purnama 12/28
No. 112, Lorong Cakera Purnama 12/28, Seksyen 12, 42300, Bandar Puncak Alam, Selangor
Radia Office
No. A-01-03A, Block A, Radia Office, No. 3, Persiaran Arked, Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor
Jalan DC 1/3
No. 47, Jalan DC 1/3, Desa Coalfields, 47000 Sungai Buloh, Selangor
Jalan TSW 1/3
No. 27, Jalan TSW 1/3, Taman Semarak Warisan, 43900, Sepang, Selangor
280 Park Homes
No. D-1-8, 280 Park Homes, Jalan Prima Utama 3, Taman Puchong Prima, 47150 Puchong, Selangor
Jalan U5/70
No. 19, Jalan U5/70, Subang Bestari, Seksyen U5, 40150 Shah Alam, Selangor
Maisson Residence
No. B3-09-06, Blok B3, Maisson Residence, No. 6, Jalan PJU 1A/3, Ara Damansara, 47301, Petaling Jaya, Selangor
Paragon 3
No. M3-13-9, Paragon 3, Persiaran Lestari Perdana,Taman Lestari Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan SG 9/6
No. 19, Jalan SG 9/6, Taman Sri Gombak, 68100, Batu Caves, Selangor
Jalan Timah 1
No. 7, Jalan Timah 1, Taman Timah 1, 43800 Dengkil, Selangor
Menara Sunsuria
No. CO-11-11, Menara Sunsuria, Sunsuria Forum, Jalan Setia Dagang AL U13/AL, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Residensi Bliss
No. B-22-07, Residensi Bliss, Pusat Perniagaan Metacity, Jalan Atmosphere Utama 2, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Gardenview Residence
No. A-8-8, Block A, Gardenview Residence, Persiaran Ceria, Cyber 12, 63000 Cyberjaya, Selangor
Jalan SG 9/9
No. 31, Jalan SG 9/9, Taman Sri Gombak, 68100 Batu Caves, Selangor
Menara Eclipse 1
No. ET1-22-01, Menara Eclipse 1, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Jalan Mutiara 6/5
No. 41, Jalan Mutiara 6/5, Taman Selayang Mutiara, 68100, Batu Caves, Selangor
Jalan Bangi Avenue 7/16
No. 53, Jalan Bangi Avenue 7/16, Taman Bangi Avenue, 43000, Kajang, Selangor
Jalan PJU 10/14D
No. 11, Jalan PJU 10/14D, Saujana Damansara, 47830, Petaling 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 · Selangor
How many auction properties are there in Selangor?+
There are currently 6258 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.