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 Sembilan Cheras
No. A-05-02, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Tiara Parkhomes
No. D-01-06, Block D, Tiara Parkhomes, Jalan Bukit Ria, Taman Bukit Ria, 43000, Kajang, Selangor
Jalan Sukepi 3/28
No. 6, Jalan Sukepi 3/28, Taman Srikandi, Batu 10, 42500 Telok Panglima Garang, Selangor
Residensi Lot 8
No. A-13A-3A, Residensi Lot 8, Jalan Puchong South 1, Bandar Puchong South, 47100 Puchong, Selangor
SB Perdana
No. 8, Jalan SBP 2, SB Perdana, 45200, Sabak Bernam, Selangor
Lorong Mahkota Impian 2/29
No. 42, Lorong Mahkota Impian 2/29, Seksyen 2, 42300 Bandar Puncak Alam, Selangor
Villaria Kondominium
No. A9-8, Villaria Kondominium, Jalan PJS 5/32, Taman Desaria, 46000 Petaling Jaya, Selangor
I-Suite
No. B1-11-05, I-Suite, No. 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Jalan Dato Hormat 31/KS13
No. 22, Jalan Dato Hormat 31/KS13, Taman Desa Sri Nilam 1, 42920 Pulau Indah, Selangor
Pangsapuri Setia Impian
No. L19-07, Persiaran Jade Hill, Pangsapuri Setia Impian, 43000 Kajang, Selangor
Jalan Dato Abdul Hamid 28B
No. 20, Jalan Dato Abdul Hamid 28B, Taman Sentosa, Klang, 41200, Selangor
Pangsapuri Aman Heights
No. B-G-09, Block B, Pangsapuri Aman Heights, Jalan Bersatu, Taman Serdang Heights, Seksyen 5, 43300 Seri Kembangan, Selangor
Jalan Bakti 7/KU3
No. 37, Jalan Bakti 7/KU3, Taman Pinang Raja 2, 42100 Klang, Selangor
City Garden Orchid Court Condominium
No. AG-18, Ground Floor, City Garden Orchid Court Condominium, Jalan Nirwana 1, Taman Nirwana, 68000 Ampang, Selangor
Residensi Zahra 1
No. A-23-02, Block A, Residensi Zahra 1, Jalan Zahra 1, Semenyih, 43500 Selangor
Silk Sky
No. 32-06, Silk Sky, Jalan KB 2/15, Kampung Baharu Balakong, 43300 Seri Kembangan, Selangor
Jalan Dato Abdul Hamid 28B
No. 20, Jalan Dato Abdul Hamid 28B, Taman Sentosa, 41200 Klang, Selangor
Juta Mines Condominium
No. B-15-01, Juta Mines Condominium, Jalan Taming Permai 1, 43300, Seri Kembangan, Selangor
Lorong Riveria 4/KS9
No. 17, Lorong Riveria 4/KS9, Taman Riveria, Sijangkang, 42000 Klang, Selangor
Jalan Dato Dagang 10
No. 75, Jalan Dato Dagang 10, Taman Sentosa, 41200, Klang, Selangor
Pelangi Damansara
No. E-11-03, Tingkat 12, Blok E (Anggerik), Persiaran Surian, Pelangi Damansara, PJU 6, 47800, Petaling Jaya, Selangor
Jalan Permai 12/KS05
No. 30, Jalan Permai 12/KS05, Taman Pandamaran Permai, 42000 Klang, Selangor
Residensi 2
No. C-25-03, Residensi 2, Plaza @ Kelana Jaya, No. 9, Jalan SS7/13B, 47301 Petaling Jaya, Selangor
Southville City
No. A-04-12, Flora Questa (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.