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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Kampung Idaman
No. 36, Jalan Idaman 10, Kampung Idaman, 42000 Pelabuhan Klang, Selangor
Jalan Alam Suria 16/69
No. 66, Jalan Alam Suria 16/69, Seksyen 16, 42300 Bandar Puncak Alam, Selangor
ISOHO I-CITY
No. A1-25-02, ISOHO I-CITY, Persiaran Multimedia, 40000 Shah Alam, Selangor
Ridzuan Condominium
No. B-22-02, Blok B, Ridzuan Condominium, Jalan PJS 10/11, Bandar Sri Subang, 46000 Petaling Jaya, Selangor
Petaling Utama Avenue
Nos. 9-3, Petaling Utama Avenue, Jalan PJS 1/50, Taman Petaling Utama, 46000 Petaling Jaya, Selangor
Petaling Utama Avenue
No. 9-1, Petaling Utama Avenue, Jalan PJS 1/50, Taman Petaling Utama, 46000 Petaling Jaya, Selangor
Petaling Utama Avenue
No. 9-2, Petaling Utama Avenue, Jalan PJS 1/50, Taman Petaling Utama, 46000 Petaling Jaya, Selangor
Jalan LEP 6/12
No. 16, Jalan LEP 6/12, Seksyen 6, Taman Lestari Putra, 47110, Puchong, Selangor
Jalan Simfoni 3
No. 74A, Jalan Simfoni 3, Simfoni Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Residensi Hijauan
No. A2-10-09, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22 40300 Shah Alam, Selangor
Jalan 5/4A
No. 12A, Jalan 5/4A, BTP 5, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Sama Gagah 21
No. 60, Jalan Sama Gagah 21, Taman Telok Gedong Indah, 42000, Pelabuhan Klang, Selangor
Jalan Kebun Nenas 2E/KS7
No. 19, Jalan Kebun Nenas 2E/KS7, Bandar Putera, 41200 Klang, Selangor
Tower B
No. AB-26-01 (On site B-26-01), Tower B, Anya at Shorea Park Residency, Jalan SP1, Shorea Park 47120 Puchong, Selangor
Residensi Equine
No. C-08-08, Residensi Equine, Jalan Equine, Taman Equine, Bandar Putra Permai, Seri Kembangan 43300, Selangor
Pusat Perdagangan Icon City
No. T3-22-07, Pusat Perdagangan Icon City, Jalan SS8/39, SS8, 47300 Petaling Jaya, Selangor
Serin Residency
No. A-01-09, Blok A, Serin Residency, Jalan Fauna 1, Cyber 9, 63000, Cyberjaya, Selangor
Jalan BM 9/7C
No. A-30, Crescent Park Townvilla, Jalan BM 9/7C, Seksyen 9, Bandar Bukit Mahkota, 43000, Kajang, Selangor
Residensi Sembilan Cheras
No. A-22-03, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Residensi Suasana @ Damai
No. C-16-02A, Block C, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Jalan Elegan 3
No. 30-1, Jalan Elegan 3, Elegan Residensi, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Teratai 3
No. 11, Jalan Teratai 3, Taman Saujana Utama 3, 47000, Sungai Buloh, Selangor
Jalan M Senyumia 1/1
No. 2A, Jalan M Senyumia 1/1, Taman M Senyumia, 43900 Sepang, Selangor
Jalan Amanputra 1/6
No. 5, Jalan Amanputra 1/6, Taman Amanputra, 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 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.