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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Tropics @ Tropicana City
No. A9-1, Tropics @ Tropicana City, No. 3, Jalan SS 20/27, 47400 Petaling Jaya, Selangor
Main Tower
No. 3-11, Main Tower, Sunsuria Avenue, Persiaran Mahogani, Kota Damansara, PJU 5, 47810, Petaling Jaya, Selangor
Seiring
No. A-14-01, Blok A, Seiring, Jalan Arimetrik U6/20, Seksyen U6, 40150 Shah Alam, Selangor
Maple Residences
No. B-10-01, Block B, Maple Residences, Jalan Bestari 7/KS09, Bandar Bestari, 41200 Klang, Selangor
Jalan Tanjung Tenteram 30/21A
No. 2, Jalan Tanjung Tenteram 30/21A, Taman Impian Sutera, 40460 Shah Alam, Selangor
Jalan MR 2/6
No. 36, Jalan MR 2/6, M Residence 2, 48020 Rawang, Selangor
Jalan Indah 3/6
No. 39, Jalan Indah 3/6, Taman Puchong Indah, 47100, Puchong, Selangor
Jalan TS 2
No. 28, Jalan TS 2, Taman Taming Setia, 43000 Kajang, Selangor
Jalan Alam Suria 16/56
No. 46, Jalan Alam Suria 16/56, Fasa 5A5, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Jalan Sempurna Damai 1/1
No. 8, Jalan Sempurna Damai 1/1, Taman Sempurna Damai, 43500, Semenyih, Selangor
Laman Seri Business Park
No. 133A, First Floor, Block 5, Laman Seri Business Park, No. 7, Persiaran Sukan, Seksyen 13, 40100, Shah Alam, Selangor
Condominium Casa Indah
No. C-3-3, Block C, Condominium Casa Indah, No. 2A, Persiaran Surian, Damansara Indah, 47410 Petaling Jaya, Selangor
Jalan Platinum 1/5
No. 12A-1, Jalan Platinum 1/5, Platinum Residence, 43800 Dengkil, Selangor
Jalan Rentak 1/6
No. 74, Jalan Rentak 1/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan LEP 6/10
No. 18, Jalan LEP 6/10, Seksyen 6, Taman Lestari Putra, 47110, Puchong, Selangor
Jalan Hijau Pelangi U9/55
No. E-6-2, Primer Garden Town Villas, Jalan Hijau Pelangi U9/55, Cahaya SPK, 40150 Shah Alam, Selangor
Jalan SS 3/2
No. 23, Jalan SS 3/2, Taman Saujana Sekata, 43000 Kajang, Selangor
Residensi Alstonia
No. B-16-1, Residensi Alstonia, Jalan Kiara Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor
Jalan Sungai Long 32/182
No. 29, Jalan Sungai Long 32/182, Taman Anugerah, Jalan Kampung Sri Gambut, Seksyen 32, 40460 Shah Alam, Selangor
Jalan Alam Suria 16/38
No. 29, Jalan Alam Suria 16/38, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Jalan Sari Alamanda 8/3a
No. 23, Jalan Sari Alamanda 8/3a, Sari Alamanda, 48000, Rawang, Selangor
Jalan Ritma 1/6
No. 36, Jalan Ritma 1/6, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Tower A
No. A-34-06, Tower A, Astetica Residences, Jalan Dagang SB, The Mines Resort City, 43300 Seri Kembangan, Selangor
Residensi Topaz
No. B-10-07, Block B, Residensi Topaz, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, 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.