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 LEP 7/8
No. 14, Jalan LEP 7/8, Taman Lestari Putra, Seksyen 7, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan MR 2/14
No. 62A, Jalan MR 2/14, Taman M-Residence 2, 48020 Rawang, Selangor
Jalan Indah 3
No. 23, Jalan Indah 3, Taman Indah, 45400 Sekinchan, Selangor
Mirage
No. B2-02-05, Blok B, Mirage, Perdana Lakeview West Cyber 7, 63000, Cyberjaya, Selangor
Sunsuria Forum Residences
No. RS-13A-08, Sunsuria Forum Residences, Persiaran Multimedia, Seksyen 15, 63000 Cyberjaya, Selangor
Jalan Bangi Avenue 7/17
No. 38, Jalan Bangi Avenue 7/17, Taman Bangi Avenue, 43000 Kajang, Selangor
Jalan Dato Dagang 40
No. 1, Jalan Dato Dagang 40, Taman Sri Sentosa, 41200 Klang, Selangor
Jalan MR 1/29
No. 25, Jalan MR 1/29, Taman M-Residensi, 48020, Rawang, Selangor
Park Villa Condominium
No. A7-6, Park Villa Condominium, Jalan Pipit, Bandar Puchong Jaya, 47170 Puchong, Selangor
Residensi Dana 15
No. A-22-3A, Residensi Dana 15 (AraTre'), D15, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor
Jalan Alam Suria 16/70
No. 29, Jalan Alam Suria 16/70, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Aseana Puteri Kondominium
No. B-11-04, Block B, Aseana Puteri Kondominium, Jalan Puteri 9/1, Bandar Puteri, 47100 Puchong, Selangor
Jalan 4/7N
No. 23, Jalan 4/7N, Seksyen 4, 43650, Bandar Baru Bangi, Selangor
Jalan Kerongsang 10
No. 172, Jalan Kerongsang 10, Bandar Puteri Klang, 41200 Klang, Selangor
Jalan Mahkota 12/KU2
No. 19, Jalan Mahkota 12/KU2, Mutiara Bukit Raja 2, 41050 Klang, Selangor
Jalan Spektrum U16/22A
No. 22, Jalan Spektrum U16/22A, Taman Bukit Subang, Section U16, 40160 Shah Alam, Selangor
Jalan Saujana KLIA 2/2
No. 73, Jalan Saujana KLIA 2/2, Taman Saujana KLIA, 43900 Sepang, Selangor
Jalan Alam Suria 16/70
No. 11, Jalan Alam Suria 16/70, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Residensi 1 Utara
No. B-30-02, Residensi 1 Utara, Jalan 1/2B, Off Jalan Ipoh, 68100 Kuala Lumpur
Jalan Dua
No. 32, Jalan Dua, Taman Bukit Cantik, 43000 Kajang, Selangor
Residensi Sembilan Cheras
No. A-19-05, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Jalan Saujana KLIA 1/1
No. 71, Jalan Saujana KLIA 1/1, Taman Saujana KLIA, 43900, Sepang, Selangor
9th Floor
No. 9-12, 9th Floor, 591 Damansara S.A., Seksyen 27 Shah Alam, 40400 Shah Alam, Selangor
Jalan Amansiara 2/2
No. 31-4, Jalan Amansiara 2/2, Taman Amansiara, 48000 Rawang, 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.