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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Sfera Residensi
No. D-03-3A, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Pusat Perdagangan Seri Kembangan
No. 53A, Jalan PSK 6, Pusat Perdagangan Seri Kembangan, 43300, Seri Kembangan, Selangor
Jalan Bayu Melawati 2
No. 24, Jalan Bayu Melawati 2, Taman Bayu Melawati, 45000, Kuala Selangor, Selangor
D'Quince Residences
No. A-37-08, Block A, D'Quince Residences, Jalan PJU 8/8, Damansara Perdana, 47820 Petaling Jaya, Selangor
Jalan Anggerik 7
No. 8, Jalan Anggerik 7, Taman Saujana Utama, Sungai Buloh 47000, Selangor
Kondominium Panorama Sentul
No. B-05-12, Kondominium Panorama Sentul, Jalan Bullion Mewah 9, Taman Bullion Mewah, 68100 Kuala Lumpur
Residensi 1 Utara
No. B-10-13, Residensi 1 Utara, Jalan 1/29, Off Jalan Ipoh, 68100 Selayang, Kuala Lumpur
Residensi 1 Utara
No. A-40-01, Block A, Residensi 1 Utara, No. 42, Jalan 1/2B, Off Jalan Ipoh, Selayang, 68100 Kuala Lumpur
Jalan 39/10
No. 53, Jalan 39/10, Taman Koperasi Polis, 68100 Batu Caves, Kuala Lumpur
Jalan Ritma 2/5
No. 46, Jalan Ritma 2/5, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Irama 6
No. 26, Jalan Irama 6, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Putra Perdana 7/5
No. 9, Jalan Putra Perdana 7/5, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Intan 2/4
No. 23, Jalan Intan 2/4, Taman Puchong Intan, 47100 Puchong, Selangor
Lorong Damai 1
No. 159, Lorong Damai 1, Kampung Melayu Batu 16, 48000 Rawang, Selangor
Residensi Hijauan
No. B2-14-3A, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Jalan Irama 5
No. 25, Jalan Irama 5, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Residensi Sembilan Cheras
No. A-23-06, Residensi Sembilan Cheras (9ine Sungai Putih Hill), Jalan Suria Residen, 43200 Cheras, Selangor
Lorong Raja Nong 2A
No.19, Lorong Raja Nong 2A, Off Jalan Raja Nong, Taman Alam Nyata, 41000, Klang, Selangor
Jalan Masjid
No. C-06-09, Blok C, Pelangi Utama, Jalan Masjid, PJU 6A, 47400 Petaling Jaya, Selangor
Emerald 9 Cheras
No. D-15-10, Block D, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
Jalan Ritma 1/5
No. 6, Jalan Ritma 1/5, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Lorong Az-Zaharah 10/1
No. 71, Lorong Az-Zaharah 10/1, Seksyen 10, 42300 Bandar Puncak Alam, Selangor
I-soho
No. A1-24-3, I-soho, No. 2, Persiaran Multimedia, I-city, Seksyen 7, 40000 Shah Alam, Selangor
Pangsapuri Casa Subang Jalan Subang 1
No. A-13-07, Pangsapuri Casa Subang Jalan Subang 1, Usj 1 47600 Subang 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.