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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Menara Simfoni
No. A-19-19, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300, Seri Kembangan, Selangor
Lorong Naluri Sukma 8/2
No. 32, Lorong Naluri Sukma 8/2, Seksyen 8, 42300, Bandar Puncak Alam, Selangor
Silk Residence
No. 11-12, Jalan Sutera, Silk Residence, 43200, Cheras, Selangor
Forest Green Park Condominium
No. B3-4-2 Block B3, Forest Green Park Condominium, Jalan Sungai Long Batu 11 1/4, Jalan Cheras Bandar Sungai Long, 43000, Kajang, Selangor
Lorong Hamzah Alang 76b/ku9
No. 35, Lorong Hamzah Alang 76b/ku9, Taman Intan, 42200, Kapar, Selangor
Jalan Mahkota 1a/3
No. 59, Jalan Mahkota 1a/3, Bandar Mahkota Banting, 42700, Banting, Selangor
Jalan Asa Jaya 4
No. 12, Jalan Asa Jaya 4, Taman Asa Jaya, 43000 Kajang, Selangor
Pangsapuri Aman Heights
No. C-21-7, Block C, Pangsapuri Aman Heights, Jalan Bersatu, Serdang Heights, Seksyen 5, 43300 Seri Kembangan, Selangor
Jalan Seri Pagi 8
No. 32, Jalan Seri Pagi 8, Taman Saujana Utama, 47000, Sungai Buloh, Selangor
Ameera Residence
No. A-05-03A, Ameera Residence, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Lorong Tan Sri Manikavasagam 9e
No. 23, Lorong Tan Sri Manikavasagam 9e, Taman Menara Maju, 41000, Klang, Selangor
Lorong Indah
A-10-5, Lorong Indah, Shah Alam
Residensi Parkland @ Kajang 2
No. A-30-06, Residensi Parkland @ Kajang 2, Jalan Zamrud 3, 43000 Kajang, Selangor
Jalan Restu 5
No. 23, Jalan Restu 5, Taman Sri Puteri Fasa II, 41050 Meru, Selangor
Lorong Samarinda 29C
No. 20, Lorong Samarinda 29C, Taman Mewah Jaya 2, 41000, Klang, Selangor
Lorong Kenanga 3/2
No. Af7, Lorong Kenanga 3/2, Desa Kenanga, 43500, Semenyih, Selangor
Kondo Sunway Sutera
No. C-301, Block C, Kondo Sunway Sutera, Jalan Tropicana Utara, Sunway Damansara, 47810, Petaling Jaya, Selangor
Jalan Peria Tiga 24/14c
No. 11a, Jalan Peria Tiga 24/14c, Seksyen 24, 40300, Shah Alam, Selangor
Ivory Residence
No. A-20-09, Block A, Ivory Residence, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
Ampang Prima Kondominium
No. D-05-07, Ampang Prima Kondominium, Jalan Wawasan Ampang 2/5, Bandar Baru Ampang, 68000 Ampang, Selangor
Jalan Semenyih Mewah 18
No. 106, Jalan Semenyih Mewah 18, Taman Semenyih Mewah, Fasa 3, 43500 Semenyih, Selangor
Pangsapuri Palm Garden
No. C-13-09, Block C, Pangsapuri Palm Garden, Persiaran Bukit Raja / KU 1, Bandar Baru Klang, 41150 Klang, Selangor
KR7 Residences
No. A-25-6, KR7 Residences, Jalan TPP 5, Taman Mas Langat, 47130 Puchong, Selangor
Jalan Sari Alamanda 8/5
No. 66, Jalan Sari Alamanda 8/5, Sari Alamanda, 48000, Rawang, 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.