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.
Browse by Region
Browse by Property Type
Sepang
GM 5508, Lot 45400 Mukim Dengkil, Sepang, Selangor
Kondominium Sri Permata
No. 6-7-5, Kondominium Sri Permata, Jalan Sultan Salahuddin Abdul Aziz Shah 9/6, Seksyen 9, 40100 Shah Alam, Selangor
Residensi Suasana @ Damai
No. A-13-12, Block A, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
I-City
No. F-24-11, Block F, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Jalan Simfoni 1
No. 1B, Jalan Simfoni 1, Simfoni Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Verdi Residence
No. 2-43-10, Block 2, Verdi Residence, Symphony Hills, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Rentak 1/7
No. 22 (Developer's Parcel No. RT-1519), Jalan Rentak 1/7, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
I-City
No. F-47-12, Blok F, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Space U8
No. 1-15-G, Space U8, No. 6, Persiaran Pasak Bumi, Taman Bukit Jelutong, 40150 Shah Alam, Selangor
Jalan Palas 13
No. 5, Jalan Palas 13, Taman Dato Hormat, Telok Panglima Garang, 42500, Banting, Selangor
Jalan Desa 7/13
No. 53A, Jalan Desa 7/13, Bandar Country Homes, 48000 Rawang, Selangor
Jalan Cuepacs 4
No. 23, Jalan Cuepacs 4, Taman Koperasi Cuepacs Kajang, 43000, Kajang, Selangor
Jalan Rentak 1/2
No. 54, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan SP 18
No. 9, Jalan SP 18, Taman Sri Putra, Sg Buloh, 47000 Rawang, Selangor
Jalan Alam Suria 16/34
No. 34, Jalan Alam Suria 16/34, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
I-Residen
No. W-3A-3A, I-Residen, Persiaran Surian, Seksyen 4, Kota Damansara, 47810 Petaling Jaya, Selangor
Sfera Residensi
No. B-20-08, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Cova Suite
No. A-20-03, Cova Suite, Jalan Teknologi, Pju 5, Kota Damansara, 47810, Petaling Jaya, Selangor
Residensi Topaz
No. A-34-06, Residensi Topaz, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
Jalan 1D/2
No. 1216, Jalan 1D/2, Bandar Baru Sungai Buloh, Seksyen U20, 40160 Sungai Buloh, Selangor
Jalan Yu 5
No. 15, Jalan Yu 5, Taman Yu, 45800, Jeram, Selangor
I-Soho
No. A1-35-08, I-Soho, I-City, Persiaran Multimedia, Seksyen 7,40000 Shah Alam, Selangor
Jalan Telipot 3a
No. 2, Jalan Telipot 3a, Perumahan Jalan Telipot, Seksyen Bs9,bukit Sentosa, 48300, Rawang, Selangor
7th Floor
No. 7-12, 7th Floor, 591 Damansara S.A., Seksyen 27 Shah Alam, 40400 Shah Alam, 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.