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 Estetika
No. B-34-05, Residensi Estetika, Jalan Dagang SB, The Mines Resort City, 43300 Seri Kembangan, Selangor
Lakefront Homes
No. T1-04-14, Lakefront Homes, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Pusat Bandar Subang Utama
No. C-3-15, 3rd Floor, Block C, Pusat Bandar Subang Utama, Jalan K U6/K, Pekan Subang, Section U6, 40150 Shah Alam, Selangor
Pangsapuri Akasa
No. A-23-5, Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300 Seri Kembangan, Selangor
Metropolitan Square
No. C-05-02A, Block C, Metropolitan Square, No. 2, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Hill 10
No. H-39-11, Hill 10, 3, Persiaran Multimedia I-City, Seksyen 7, 40000 Shah Alam, Selangor
Residensi Cheras Selatan 2
No. C-13-3A, Block C, Residensi Cheras Selatan 2, Jalan Dataran Cheras 7, 43200 Cheras, Selangor
Jalan 5
No. 42, Jalan 5, Seksyen 1, Taman Bukit Rawang Jaya, 48000 Rawang, Selangor
Vista Alam
No. S2-13A-3A, Vista Alam, Presint 4.5, Seksyen 14, 40000 Shah Alam, Selangor
Jalan KM 18
No. 44A, Jalan KM 18, Kita Mekar Cybersouth, 43800 Dengkil, Selangor
Jalan KM 19
No. 19A, Jalan KM 19, Kita Mekar, Cybersouth, 43800 Dengkil, Selangor
Jalan SP 2/19
No. 24, Jalan SP 2/19, Bandar Saujana Putra, Lebuhraya Elite, 42610 Jenjarom, Selangor
Residensi Cheras Selatan 2
No. A-14-03A, Blok A, Residensi Cheras Selatan 2, Jalan Dataran Cheras 7, 43200 Cheras, Selangor
Mira @ Shorea Park Residence 1
No. B-12-15, Mira @ Shorea Park Residence 1, Jalan SP 1, Shorea Park, 47120 Puchong, Selangor
Residensi Suria
No. B-16-3A, Residensi Suria, Jalan Puchong Utama 2, Traman Puchong Utama, 47100 Puchong, Selangor
Lake Haven Residence
No. B-G-7, Blok B, Lake Haven Residence, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
Lakefront Residence
No. T6-03-09, Lakefront Residence, Persiaran Semarak Api, Cyber 11, 63000 Cyberjaya, Selangor
Jalan Sama Gagah 19
No. 24, Jalan Sama Gagah 19, Taman Telok Gedong Indah, 42000 Pelabuhan Klang, Selangor
Jalan 6/5E
No. 11, Jalan 6/5E, Seksyen 6, Bandar Rinching, 43500, Semenyih, Selangor
Pinggiran Tasik Kiambang
No. 18, Jalan Kiambang 1A, Pinggiran Tasik Kiambang, 48200, Serendah, Selangor
Pangsapuri Akasa
No. A-24-9, Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300 Seri Kembangan, Selangor
Lorong Permai 6A
No. 21, Lorong Permai 6A, Taman Pandamaran Permai, 42000, Klang, Selangor
Jalan Sungai Merbau 32/85
No. 56, Jalan Sungai Merbau 32/85, Kemuning Greenville, Seksyen 32, 40460 Shah Alam, Selangor
Jalan Muara 18
No. 19, Jalan Muara 18, Taman Muara Esbee, 45800 Sungai Buloh, 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.