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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Aspire Residence
No. 3-24-14, Blok 3, Jalan Aspire 1, Aspire Residence, Cyber 10, 63000 Cyberjaya, Selangor
Flexis One South
No. A2-17-12, Block A2, Flexis One South, Jalan OS 2, Taman Serdang Perdana, Section 6, 43300 Seri Kembangan, Selangor
Lorong Masjid Sultan 28/KS13
No. 10, Lorong Masjid Sultan 28/KS13, Kampung Perigi Nenas, Pulau Indah, 42920 Pelabuhan Klang, Selangor
Taman Klang Utama
No. 5, Lengkuk Sungai Keramat 8, Taman Klang Utama, 42100, Klang, Selangor
Jalan Gamelan 1e
No. 28, Jalan Gamelan 1e, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan LEP 7/14
No. 12, Jalan LEP 7/14, Taman Lestari Putra, Seksyen 7, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Sphere Damansara
No. B13A-07, Block B, Sphere Damansara, Jalan PJU 10/9, Prima Damansara, 47830 Petaling Jaya, Selangor
Menara Semarak
No. A-26-12, Menara Semarak, Jalan Ariza, Taman Raintree, Off Jalan Raintree Utama, 68100 Batu Caves, Selangor
Dian Residensi Persiaran Sukan
No. A-19-09, Dian Residensi Persiaran Sukan, Section 13, 40100 Shah Alam, Selangor
Jalan Kesuma 8/4C
No. 33, Jalan Kesuma 8/4C, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Sierra Residency
No. B05-11, Sierra Residency, Jalan BK 5B, Bandar Kinrara, 47180 Puchong, Selangor
Jalan Orbit 2/7
No. 26, Jalan Orbit 2/7, Bandar Mahkota Banting, 42700, Banting, Selangor
Kelana Puteri Condominium
No. 508, Block D, Kelana Puteri Condominium, Jalan SS7/26, Taman Kelana Indah, 47301 Kelana Jaya, Petaling Jaya, Selangor
Jalan Permai
No. 172, Jalan Permai, Taman Sri Gombak, 68100 Batu Caves, Selangor
Apartment Putra 1
No. B4-14-5, Apartment Putra 1, (Apartment Putra Satu), Persiaran Seri Putra 2, Bandar Seri Putra, 43000 Kajang Selangor
Shorea Park Residence 1
No. A-21-11, Shorea Park Residence 1, Jalan SP 1, Shorea Park, 47120 Puchong, Selangor
Lake Haven Residence
No. C-18-12, Lake Haven Residence, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
Ampang Putra Residensi
No. A-18-07, Ampang Putra Residensi, Jalan Ampang Putra 6, Taman Putra Sulaiman, 68000 Ampang, Selangor
D’Aman Residences
No. O-11-15, Block O, D’Aman Residences, Jalan Dagang Mas 5, Taman Mas, 47130 Puchong, Selangor
Tower A
No. A-33-03, Tower A, Aurora Residence, Jalan Pinggiran Prima 1, Taman Pinggiran Prima, 47150 Puchong, Selangor
Jalan TPS 2/18B
No. 12, Jalan TPS 2/18B, Taman Pelangi Semenyih 2, 43500 Semenyih, Selangor
Residensi Hijauan
No. B1-09-05, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Jalan Meranti 3/4
No. 16, Jalan Meranti 3/4, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Se Ruang
No. A-23A-13, Pangsapuri Se Ruang, Jalan Eco Santuari 8/3, Eco Santuari, 42500 Telok Panglima Garang, 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.