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 Penghulu Kasim 7A
No. 21, Jalan Penghulu Kasim 7A, Off Jalan Raja Nong, 41100, Klang, Selangor
Jalan KMS 10
No. 30, Jalan KMS 10, Kita Mesra, Cybersouth 43800 Dengkil, Selangor
Jalan Mulia 3/2
No. 45, Jalan Mulia 3/2, Taman Mulia Jaya, 68000 Ampang, Selangor
Jalan Damar 8
No. 32, Jalan Damar 8, Rumah Murah Kampung Pendamar, 42000 Klang, Selangor
Suria Residence
No. B-07-19, Suria Residence, No. 5, Jalan Bazar U8/100, Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor
Jalan 1D/5
No. 2430, Jalan 1D/5, Bandar Baru Sungai Buloh, Seksyen U20, 47000 Shah Alam, Selangor
Menara Simfoni
No. A-23-23A, Menara Simfoni, Jalan Simfoni 1, Balakong, 43300 Seri Kembangan, Selangor
Jalan 13C
No. 8, Jalan 13C, Taman Ampang, 68000 Ampang, Selangor
Lorong Dato Yusuf Shahbudin 45D
No. 5, Lorong Dato Yusuf Shahbudin 45D, Taman Mewah Jaya, 41200, Klang, Selangor
Palm Spring @ Damansara
No. F-2217, Block F, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Jalan Kesuma 7/2
No. 20, Jalan Kesuma 7/2, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Menara Melawangi
No. W-09-10, Menara Melawangi, No. 18, Persiaran Barat, Bangunan Amcorp, 46050, Petaling Jaya, Selangor
Jalan Hijau 3/11
No. 32, Jalan Hijau 3/11, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Tanjung Api-Api 30/11
No. 34, Jalan Tanjung Api-Api 30/11, Taman Khalid Al Walid, Seksyen 30, Shah Alam, Selangor
Jalan Jujur 25/30
No. 29, Jalan Jujur 25/30, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan Bendahara 3
No. 15, Jalan Bendahara 3, Taman Bendahara, 45000, Kuala Selangor, Selangor
Residensi Iris
No. 5-15, Residensi Iris, Jalan Kiara Sungai Long, 43000 Kajang, Selangor
Residensi Setia Impian
No. A-L11-03, Residensi Setia Impian, Taman Residensi Impian, 43000 Kajang, Selangor
Pangsapuri Perkhidmatan Suria Putra
No. 20-23, Pangsapuri Perkhidmatan Suria Putra, Jalan BRP 2/1, Bukit Rahman Putra, Seksyen U20, 40170 Shah Alam, Selangor
Jalan Sri Rawang 2
No. 46, Jalan Sri Rawang 2, Taman Sri Rawang, 48000, Rawang, Selangor
Jalan Dahlia 2/8
No. 9, Jalan Dahlia 2/8, Taman Dahlia, 43900, Sepang, Selangor
Tower 2
No. T2-01-04, Tower 2, Lakefront Homes, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Jalan Dagang 4
No. 35, Jalan Dagang 4,, Taman Dagang Jaya, 68000, Ampang, Selangor
Mirage
No. B2-03A-03, Blok B, Mirage, Perdana Lakeview West Cyber 7, 63000, Cyberjaya, 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.