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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V-Residensi
No. A-16-3, V-Residensi, Persiaran Selayang Heights, 68100 Batu Caves, Selangor
Vision Residence
No. B-2-6, 2nd Floor, Block B, Vision Residence, Jalan Puchong - Cyberjaya, 47120 Puchong, Selangor
Residensi Suasana @ Damai
No. C-16-09, Residensi Suasana @ Damai, Damansara Damai, 47830 Petaling Jaya, Selangor
Jalan Ketingting 1
No. 29, Jalan Ketingting 1, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan MR 2/5
No. 2A, Jalan MR 2/5, Taman M-Residensi 2, 48020 Rawang, Selangor
The Main Place Residence
No. C12-07, Block C, The Main Place Residence, Jalan USJ 21/10, 47640 Subang Jaya, Selangor
Metropolitan Square Condominium
No. E-09-01, Block E, Metropolitan Square Condominium, No. 2, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Greenview Residence
No. A-20-3A, Blok A, Greenview Residence (Vista Hijauan), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Jalan LEP 7/21
No. 33, Jalan LEP 7/21, Seksyen 7, Taman Lestari Putra, Seri Kembangan, Selangor
Sfera Residensi
No. D-02-05, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Residensi 99
No. A-50-03A, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
Axis Crown @ Axis Pandan
No. E-32-06, Axis Crown @ Axis Pandan, Taman Cempaka, 68000 Ampang, Selangor
Lorong Bentara 19J/KS07
No. 47, Lorong Bentara 19J/KS07, Taman Saga Kota Raja, 41000, Klang, Selangor
Vista Hijauan
No B-10-6, Vista Hijauan (Greenview Residence), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Jalan Intan 3/2
No. 30, Jalan Intan 3/2, Taman Puchong Intan, 47150 Puchong, Selangor
Tower A
No. A-17-8, Tower A, Amerin Residence, Persiaran Taman Impian Indah, 43300 Seri Kembangan, Selangor
Jalan Hijau 11/2
No. 38, Jalan Hijau 11/2, Bandar Tasik Puteri, 48020 Rwang, Selangor
Mirage By The Lake
No. A1-02-03A, Block A, Mirage By The Lake, Jalan Mirage 2, Mirage Perdana Lake View West, Cyber 7, 63000 Cyberjaya, Selangor
Lorong Pauh Kijang 5
No. 34, Lorong Pauh Kijang 5, Taman Saga Jalan Meru, 41050 Klang, Selangor
Jalan SR 1/1C
No. 53, Jalan SR 1/1C, Saujana Rawang, 48000 Rawang, Selangor
Jalan KM 22
No. 22, Jalan KM 22, Kita Mekar, Cybersouth, 43800 Dengkil, Selangor
Residensi Meriah
No. B-9-2, Blok B, Residensi Meriah, Persiaran Kajang 2, Kajang 2, 43000 Kajang, Selangor
Desa Idaman
No. G-05-01, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150, Puchong, Selangor
Pangsapuri Seri Mutiara
No. 06-10-09, Pangsapuri Seri Mutiara, Jalan Setia Gemilang U13/45B, Setia Alam, Seksyen U13, 40170 Shah Alam, 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.