6190 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 Rentak 1/2
No. 26, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Residensi 99
No. D-15-01, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
Vina Residency
No. A-13A-3A, Vina Residency, Jalan Seri Taming 2A, Off Persiaran Minang 4, 43200 Cheras, Selangor
Podium Block
No. 1-015, Podium Block, PJ Centretage, No. 1, Jalan 13/1, Seksyen 13, 46200 Petaling Jaya, Selangor
Jalan Irama 2
No. 27, Jalan Irama 2, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Lorong Delima 5
No. 62, Lorong Delima 5, Bandar Parklands, 41200 Klang, Selangor
Jalan Uranus U5/129
No. 20, Jalan Uranus U5/129, Bandar Pinggiran Subang, Seksyen U5, 40150, Shah Alam, Selangor
Jalan M Panora 1/3
No. 56, Jalan M Panora 1/3, Taman M-Residensi, 48020 Rawang, Selangor
Jalan KE 11/3
No. 8, Jalan KE 11/3, Kota Emerald, 48000 Rawang, Selangor
Jalan MG 4
No. 32, Jalan MG 4, Taman Myra Gardens, 48050 Rawang, Selangor
Jalan Rentak 2/6
No. 10, Jalan Rentak 2/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Rentak 1/5
No. 35, Jalan Rentak 1/5, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Kancung Darat 28/7
No. 25, Jalan Kancung Darat 28/7, Taman Alam Megah, Seksyen 28, 40400, Shah Alam, Selangor
Jalan Puteri 5D/2
No. 17, Jalan Puteri 5D/2, Bandar Puteri Bangi, 43000 Kajang, Selangor
Jalan Ritma 2/7
No. 33 (Developer's Parcel No. RT-1900), Jalan Ritma 2/7, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Skylake Residence
No. A-15-06, Block A, Skylake Residence, Jalan Putra Perdana 5A, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Sunsuria 3C/1A
No. 6-2, Jalan Sunsuria 3C/1A, Monet Garden, Bandar Sunsuria, 43900 Sepang, Selangor
Residensi 99
No. B-23A-03A, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
Jalan 5A/4
No. 29, Jalan 5A/4, BTP 5, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Kosas 2/9
No. 99, Jalan Kosas 2/9, Taman Kosas, 68000, Ampang, Selangor
Twin Residences
No. B-05-02, Blok B, Twin Residences, Jalan Pipit, Bukit Tandang, 47170 Puchong, Selangor
Residensi Lakeville
No. PS-UG-07, Block Podium, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Jalan Jambu Air 8/KU10
No. 60, Jalan Jambu Air 8/KU10, Taman Meru Ria 2, 41050 Klang, Selangor
Urbano
No. E-09-20, Urbano, Jalan Kontraktor U1/14, Seksyen U1, 40150 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 6190 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.