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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One Equine Residency
No. B-02-05, One Equine Residency, Persiaran Akademi Perdana, Taman Equine, 43300 Seri Kembangan, Selangor
Bayu Sejahtera
No. A1-08-06, Block A1, Bayu Sejahtera, Persiaran Bayu 2 68000 Ampang, Selangor
Jalan Putra Perdana 6/23
No. 16, Jalan Putra Perdana 6/23, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Aman Putra 1/3
No. 12, Jalan Aman Putra 1/3, Taman Aman Putra, 47130 Puchong, Selangor
Jalan 3/32
No. 18, Jalan 3/32, Seksyen 3, 43650 Bandar Baru Bangi, Selangor
Jalan Karas 36/12
No. 31, Jalan Karas 36/12, Taman Sri Wangi, Seksyen 36, 40470, Shah Alam, Selangor
Jalan Ecohill 1/3K
No. 62, Jalan Ecohill 1/3K, Setia Ecohill, 43500, Semenyih, Selangor
Jalan Intan 3
No. 56, Jalan Intan 3, Taman Puchong Intan, 47150 Puchong, Selangor
Jalan PU 5/1B
No. 6, Jalan PU 5/1B, Taman Puchong Utama, 47140, Puchong, Selangor
Desa Sri Setia
No. 12, Desa Sri Setia, 43900 Sepang, Selangor
Lake Point Residence
No. B1-19-03, Block 1, Lake Point Residence, Cyber 11, 63000 Cyberjaya, Selangor
Jalan Kenanga
No. 9, Jalan Kenanga, Taman Bangi Jaya, 43500 Semenyih, Selangor
Emerald 9 Cheras
No. B-19-8, Block B, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
Jalan Parklands 5
No. 51, Jalan Parklands 5, Semenyih Parklands, 43700, Beranang, Selangor
Residensi Opal
No. B-24-03, Residensi Opal, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
Residensi Cheras Selatan 2
No. A-13-06, Block A, Residensi Cheras Selatan 2, Jalan Dataran Cheras 7, 43200 Cheras, Selangor
Jalan Dato Abdul Hamid 21
No. 5, Jalan Dato Abdul Hamid 21, Taman Sentosa, 41200 Klang, Selangor
Selayang 18
No. B-06-12, Blok B, Selayang 18, Persiaran 3, Bandar Baru Selayang, 68100, Batu Caves, Selangor
Jalan Dato Dagang 21
No. 44, Jalan Dato Dagang 21, Desa Idaman II, 41200, Klang,, Selangor
Jalan Makyong 2M/KU5
No. 41, Jalan Makyong 2M/KU5, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan Diamond B5/4
No. 19-2, Jalan Diamond B5/4, Diamond Residence, 43500 Semenyih, Selangor
Jalan Eco Grandeur 8/1A
No. 13-1, Jalan Eco Grandeur 8/1A, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Jalan Rentak 1/6
No. 22, Jalan Rentak 1/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
The Iresidence
No. A-10-06, The Iresidence, No. 1, Jalan Bendahara 38/7, Bandar Mahkota Cheras, 43200 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.