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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Jalan SP 6/3
No. 1, Jalan SP 6/3, Seri Pristana, 47000, Sungai Buloh, Selangor
Residensi Kosmos
No. 22-08, Residensi Kosmos, Sentral Damansara, Jalan PJU 8/8, Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Berkeley Avenue
No. C-24-06, Block C, Pangsapuri Berkeley Avenue (A), Jalan Tampin 1/KU01, 41400 Klang, Selangor
Pusat Perdagangan Icon City
No. T3-26-07, Pusat Perdagangan Icon City, No. 1B, Jalan SS 8/39, 47300 Petaling Jaya, Selangor
Emerald 9 Cheras
No. B-29-8, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
Jalan Tropika 5
No. 26, Jalan Tropika 5, Taman Tropika, 43000, Kajang, Selangor
Residensi Legendview
No. C-9-15, Block C, Residensi Legendview, Jalan Setia Jaya, 48000 Rawang, Selangor
Jalan Elegan 1
No. 31-2, Jalan Elegan 1, Elegan Residensi, Taman Putra Perdana, 47130 Puchong, Selangor
Residensi Lakeville
No. B-3A-02, Block B, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Jalan Dahlia PJU 6A
No. 5A, Upper Floor, Block B, 1 Ara Townhouse, Jalan Dahlia PJU 6A, 47400 Petaling Jaya, Selangor
One Equine Residency
No. B-04-01, One Equine Residency, Persiaran Akademi Perdana, Taman Equine, 43300 Seri Kembangan, Selangor
Jalan MR 2/22
No. 32A, Jalan MR 2/22, Taman M-Residensi 2, Taman M-Residensi, 48020 Rawang, Selangor
19 Sentral
No. C-03-02, Block C, 19 Sentral, Jalan Harapan, Seksyen 19, 46300 Petaling Jaya, Selangor
Pangsapuri Koi Kinrara
No. B-09-07, Pangsapuri Koi Kinrara, Jalan Pipit, Bukit Tandang, 47190 Puchong, Selangor
Jalan 1
Premises No. 26, Jalan 1 (formerly Known As Jalan Berjaya 5), Taman Berjaya, 68100, Batu Caves, Selangor
Jalan 1
No. 26, Jalan 1, Taman Berjaya 5, Taman Berjaya, 68100 Batu Caves, Selangor
Residensi Hijauan
No. A1-14-03A, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Hijauan
No. A2-14-09, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Hijauan
No. A1-17-08, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Jalan Indah 9
No. 1, Jalan Indah 9, Taman Indah Sungai Jelok, 43000, Kajang, Selangor
Taman Sabak Jaya
Lot 314, Jalan Merpati, Taman Sabak Jaya, 45200 Sabak Bernam, Selangor
Residensi Damai Meriah - The Zizz
No. B-26-08, Block B, Residensi Damai Meriah - The Zizz, No. 2, Jalan PJU 10/1A, Damansara Damai, PJU 10, 47830 Petaling Jaya, Selangor
Jalan Sukepi 2/14
No. 26, Jalan Sukepi 2/14, Taman Srikandi, 42500 Telok Panglima Garang, Selangor
Jalan Kebun Nenas 2G/KS7
No. 27, Jalan Kebun Nenas 2G/KS7, Bandar Putera, 41200, Klang, 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.