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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Pusat Perdagangan Icon City
No. 13A-06, Pusat Perdagangan Icon City, No. 1B, Jalan SS 8/39, 47300 Petaling Jaya, Selangor
Jalan Bentara 26A/KS07
No. 23, Jalan Bentara 26A/KS07, Taman Bijaya, 41000 Klang, Selangor
Jalan U5/6
No. 9, Jalan U5/6 (also known as Jln Utarid U5/6 on site), Bandar Pinggiran Subang Seksyen U5, 40150, Shah Alam, Selangor
Jalan Sierra 1/2
No. 66-2, Jalan Sierra 1/2, Bandar 16 Sierra, 47110, Puchong, Selangor
Laman Seri Business Park
No. 121, 2, Block 3, Laman Seri Business Park, Persiaran Sukan, Seksyen 13, 40100, Shah Alam, Selangor
Pangsapuri Tropicana Aman 1
No. B-08-05, Block B, Pangsapuri Tropicana Aman 1, Jalan Aman Simfoni 1, Bandar Tropicana Aman, 42500 Telok Panglima Garang, Selangor
Jalan Intan 1/5
No. 103, Jalan Intan 1/5, Taman Puchong Intan, 47100 Puchong, Selangor
Jalan Bukit Mewah 9/15
No. 18, Jalan Bukit Mewah 9/15, Taman Bukit Mewah, Fasa 9, 43000 Kajang, Selangor
Jalan Kesuma 8/3G
No. 95, Jalan Kesuma 8/3G, Seksyen 8, 43700, Bandar Tasik Kesuma, Beranang, Selangor
Jalan Satria 1
No. 6, Jalan Satria 1, Taman Satria, 42500 Telok Panglima Garang, Selangor
Jalan Nenas Madu 10/KU10
No. 8, Jalan Nenas Madu 10/KU10, Taman Saujana Meru, 42200 Klang, Selangor
Jalan TPS 2/23
No. 87, Jalan TPS 2/23, Taman Pelangi Semenyih 2, 43500, Semenyih, Selangor
Ceria Residen Condominium
No. A-02-03, Blok A, Ceria Residen Condominium, Persiaran Sepang, Cyber 10, 63000 Cyberjaya, Selangor
Jalan Buana U2/21
No. 55, Jalan Buana U2/21, Taman TTDI Jaya, Section U2, 40150, Shah Alam, Selangor
Menara A
No. A-09-01, Menara A, Regina USJ 1, Jalan Subang Permai, USJ 1, 47600 Subang Jaya, Selangor
One Damansara
No. B-08-09, Block B, One Damansara, No. 1, Jalan PJU 10/3C, Damansara Damai, 47830 Petaling Jaya, Selangor
Jalan Dahlia 2/7
No. 26, Jalan Dahlia 2/7, Taman Dahlia, 43900 Sepang, Selangor
Residensi Suria Garden @ Puchong
No. B-35-02, Block B, Residensi Suria Garden @ Puchong, Jalan Puchong Utama 2, Taman Puchong Utama, 47100 Puchong, Selangor
BSP 21
No. J-22-02, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Flexis One South
No. A2-1-12, Flexis One South, Jalan Os 2, Taman Serdang Perdana, Seksyen 6, 43300, Seri Kembangan, Selangor
Lorong Kulim
No. 33, Lorong Kulim, Di Jalan Meru, 41050, Klang, Selangor
Maple Residence
No. A-22-11, 22nd Floor, Block A, Maple Residence, Jalan Bestari 7/KS09, Bandar Bestari, 41200 Klang, Selangor
Maple Residence
No. A-08-03, Block A, Maple Residence, Jalan Bestari 7/KS09, Bandar Bestari, 41200 Klang, Selangor
Jalan Pinang 4/3
No. 36, Jalan Pinang 4/3, Bandar Hillpark, 42300 Bandar Puncak 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.