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 TPS 4/2
No. 8, Jalan TPS 4/2, Taman Pelangi Semenyih, 43500, Semenyih, Selangor
Palm Spring @ Damansara
No. C-318, PJU 3/29, Palm Spring @ Damansara, 47810, Petaling Jaya, Selangor
Menara Eclipse 1
No. ET1-38-07, Menara Eclipse 1, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Jalan Alam Sutera 8/1
No. 12A, Jalan Alam Sutera 8/1, Taman Alam Sutera, 42300, Bandar Puncak Alam, Selangor
Lorong Az-Zaharah 10/4H
No. 22, Lorong Az-Zaharah 10/4H, Seksyen 10, 42300 Bandar Puncak Alam, Selangor
Jalan Riang Dua 25/117B
No. 35, Jalan Riang Dua 25/117B, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan TSW 1/5
No. 16, Jalan TSW 1/5, Taman Semarak Warisan, 43900, Sepang, Selangor
Traders Garden
No. A-30-13, 30th Floor, Block A, Traders Garden (Formerly known as Residensi Cheras Selatan), Jalan Dataran Cheras 7, Balakong, 43200 Cheras, Selangor
Jalan Dato Dagang 35
No. 41, Jalan Dato Dagang 35, 41200, Klang, Selangor
Jalan Kesuma 8/2A
No. 6, Jalan Kesuma 8/2A, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Residensi Sembilan Cheras
No. A-07-3A, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Residensi Suasana @ Damai
No. C-07-03, Block C, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Pangsapuri Casa Subang
No. A-01-8, Pangsapuri Casa Subang, Jalan Subang 1, USJ 1, 47600, Subang Jaya, Selangor
Jalan Raja Udang 5
No. 6, Jalan Raja Udang 5, Pantai Sepang Putra, 43950 Sungai Pelek, Selangor
Jalan Balam 5/53
No. 34, Jalan Balam 5/53, Taman Bentara, 42500 Telok Panglima Garang, Selangor
Lorong Dato Dagang 50C
No. 17, Lorong Dato Dagang 50C, Taman Sentosa, 41200, Klang, Selangor
Jalan Merbau
No. 17, Jalan Merbau, Taman Banting Baru, 42700 Banting, Selangor
Plaza Kiara
No. SF-12, Plaza Kiara, Jalan Semenyih, 43500 Semenyih, Selangor
Jalan SM 1/2
No. 91, Jalan SM 1/2, Taman Selayang Mulia, 68100, Batu Caves, Selangor
Jalan DD 3A/2
No. 43, Jalan DD 3A/2, Taman Dato' Demang, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan Setia Jaya 4/KU14
No. 12, Jalan Setia Jaya 4/KU14, Kampung Tok Muda, 42200 Kapar, Selangor
Jalan Saujana Perdana 19
No. 40, Jalan Saujana Perdana 19, Saujana Perdana, 47000, Sungai Buloh, Selangor
2nd Floor
No. 4801-2-05, 2nd Floor, Block 4801, CBD Perdana, Cyber 12, 63000, Cyberjaya, Selangor
Tower B
No. B-18-01, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, 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.