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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Dataran Cascades
No. A-2-13, Tingkat 2, Block A, Dataran Cascades, No. 13A, Jalan [JU 5/1, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor
Jalan Kebun Nenas 6B/KS8
No. 24, Jalan Kebun Nenas 6B/KS8, Bandar Putera 2, 41200 Klang, Selangor
Tower B
No. B-10-03, Tower B, Selayang Point Condominium, Jalan SP 1, 68100 Batu Caves, Selangor
Jalan Simfoni 2
No. 50A, Jalan Simfoni 2, Simfoni Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Nadayu 801
No. C-17-11, Block C, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
Jalan Wira 7
No. 9, Jalan Wira 7, Taman Perwira, 42500 Telok Panglima Garang, Selangor
Lorong Cakera Purnama 12/29
No. 43, Lorong Cakera Purnama 12/29, Seksyen 12, 42300 Bandar Puncak Alam, Selangor
Residensi Suasana @ Damai
No. A-03-07, Blok A, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Jalan Mawar 17
No. 25, Jalan Mawar 17, Taman Mawar, 68000 Ampang, Selangor
Jalan SP 7/13
No. 22, Jalan SP 7/13, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Jalan Aruna 5
No. 45, Jalan Aruna 5, Taman M Aruna, 48000, Rawang, Selangor
Jalan Parklands 5
No. 72, Jalan Parklands 5, Semenyih Parklands, 43700 Beranang, Selangor
Jalan SP 1/6
No. 17, Jalan SP 1/6, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Residensi Hijauan
No. A2-15-05, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Sfera Residensi
No. D-01-05, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan Palma 1/9
No. 68, Jalan Palma 1/9, Bandar Hillpark Puncak Alam, 42300, Bandar Pundak Alam, Selangor
Lorong Bendahara 38A
No. 35, Lorong Bendahara 38A, Taman Seri Indah, 41200, Klang, Selangor
Jalan Temenggung 22B
No. 1, Jalan Temenggung 22B, Di Jalan Sungai Jati, 41200, Klang, Selangor
Jalan KJ 1C/2
No. 36, Jalan KJ 1C/2, Taman Kundang Jaya, 48020 Rawang, Selangor
Residensi Arena 1
No. B-09-07, Residensi Arena 1, Jalan Arena 1, Arena Warisan Puteri, Kota Warisan, 43900 Sepang, Selangor
Jalan SP 6/7
No. 71, Jalan SP 6/7, Bandar Saujana Putra, 42610, Lebuhraya Elite, Jenjarom, Selangor
Kondo Sunway Sutera
No. B-310, Blok B, Kondo Sunway Sutera, Jalan T'Cana Utara, Sunway Damansara, 47810, Petaling Jaya, Selangor
Jalan SG 1/14
No. 28, Jalan SG 1/14, Taman Sri Gombak, 68100 Batu Caves, Selangor
Residensi Sutera 7
No. A-16-04, Block A, Residensi Sutera 7, Jalan Sutera 1/2, Taman Sutera, 43000, Kajang, 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.