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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Residensi Topaz
No. A-21-05, Residensi Topaz, Jalan Mutiara 2, Mutiara Heights (Rumah Pangsa), 43000 Kajang, Selangor
Jalan 32/10
No. 25, Jalan 32/10, Taman Koperasi Polis Batu Caves, 68100 Kuala Lumpur
I-Soho
No. E-35-06, I-Soho, I-City, Persiaran Multimedia, Seksyen 7, 40000 Shah Alam, Selangor
Armanee Condominium
No. B-3A-12, 4th Floor, Block B, Armanee Condominium, Jalan PJU 10/1C, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Liberty Tower
No. C-33-03, Liberty Tower, I-SOHO @ I-City, No. 2, Persiaran Multimedia, Seksyen 7, 40000 Shah Alam, Selangor
Tower B
No. B-8-8, Tower B, Amerin Residence, Persiaran Impian Indah, Taman Impian Indah, 43300 Seri Kembangan, Selangor
Jalan Zapin 1C
No. 14, Jalan Zapin 1C, Di Jalan Haji Sirat, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan 3/16
No. 11, Jalan 3/16, Bandar Baru Selayang, 68100 Batu Caves, Selangor
One Equine Residency
No. B-27-05, One Equine Residency, Persiaran Akademi Perdana, Taman Equine, 43300 Seri Kembangan, Selangor
Residensi Sembilan Cheras
No. A-08-08, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Residensi 1 Utara
No. A-35-3, Residensi 1 Utara, No. 42, Jalan 1/2B, Off Jalan Ipoh, Selayang, 68100 Kuala Lumpur
Residensi Equine
No. B-14-08, Block B, Residensi Equine, Jalan Equine, Taman Equine, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan Cendana 3
No. 21, Jalan Cendana 3, Greenwoods Salak Perdana Phase 2, Greenwoods Cenda, 43900, Sepang, Selangor
Jalan 4/18
No. 28, Jalan 4/18, Bandar Tasik Puteri, Rawang 48020, Selangor
Jalan KM 4
No. 45, Jalan KM 4, Kita Mekar, 43800 Dengkil, Selangor
Kondo Sri Manja Court
No. E-1-3 (Developer's Parcel No. SMC/E/1-3), Kondo Sri Manja Court, Jalan PJS 3/40, Taman Sri Manja, 46000 Petaling Jaya, Selangor
Jalan Gapi 5A-11
No. 4, Jalan Gapi 5A-11, Seksyen 5, Antara Gapi, 48200 Serendah, Selangor
Jalan SP 2/3
No. 58, Jalan SP 2/3, Seri Pristana, 47000, Sungai Buloh, Selangor
Menara Eclipse 1
No. ET1-38-10, Menara Eclipse 1, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Jalan TAJ 1/4
No. 34, Jalan TAJ 1/4, Taman Alam Jaya, 42300, Bandar Puncak Alam, Selangor
Lorong Cakera Purnama 12/30
No. 9, Lorong Cakera Purnama 12/30, Seksyen 12, 42300, Bandar Puncak Alam, Selangor
Residensi Amara
No. D-13-03, Blok D, Residensi Amara, Jalan Raintree Utama, Taman Raintree, 68100, Batu Caves, Selangor
Pangsapuri V-Residensi
No. A-8-5, Block A, Pangsapuri V-Residensi, Persiaran Selayang Heights, 68100 Batu Caves, Selangor
Lorong Sama Gagah 18D
No. 43, Lorong Sama Gagah 18D, Taman Telok Gedong Indah, 42000 Pelabuhan Klang, 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.