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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Jalan SP 8/19
No. 32, Jalan SP 8/19, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Gravit8
No. B2-09-09, Block B2, Gravit8, Jalan Bayu Laut/KS09, Kota Bayuemas, 41200 Klang, Selangor
Akoya Residence
No. 23-03, Akoya Residence, Jalan Mutiara 3, Mutiara Heights, 43000, Kajang, Selangor
Lorong Cakera Purnama 12/4
No. 32, Lorong Cakera Purnama 12/4, Seksyen 12, 42300 Bandar Puncak Alam, Selangor
Mutiara Heights
No. A-02-06, Oasis 1, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Jalan Alam Suria 16/11
No. 19, Jalan Alam Suria 16/11, Fasa 5A2, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Lorong Klang Perdana 2F
No. 14, Lorong Klang Perdana 2F, Taman Klang Perdana, 42100, Klang, Selangor
Jalan Sro Haneca 4/6
No. 20, Jalan Sro Haneca 4/6, Kawasan Perindustrian Sri Haneco, 43500, Semenyih, Selangor
Jalan Putra Perdana 3/21
No. 11, Jalan Putra Perdana 3/21, Taman Putra Perdana, 47100 Puchong, Selangor
Jalan Tokoh Dua 25/28B
No. 39, Jalan Tokoh Dua 25/28B, Seksyen 25, Taman Sri Muda, 40400, Shah Alam, Selangor
Akoya Residence
No 01-05, Akoya Residence, Jalan Mutiara 3, Mutiara Heights, 43000, Kajang, Selangor
Jalan Tukul Besi 13/41
No. 1-15-10, Block 1, No. 2A, Jalan Tukul Besi 13/41, TTDI Sentralis, 40100 Shah Alam, Selangor
Jalan Tk 3/18
No. 10, Jalan Tk 3/18, Seksyen 3, Taman Kinrara, Batu 8, Jalan Puchong, 47190 Puchong, Selangor
Jalan Elegan 3
No. 3-1, Jalan Elegan 3, Elegan Residensi, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan TTP 7
No. 2-1, Jalan TTP 7, Taman Tasik Puchong, 47130 Puchong, Selangor
Villaria Condominium
No. B17-3, Block B, Villaria Condominium, Jalan PJS 5/32, Taman Desaria, 46000 Petaling Jaya, Selangor
Mutiara Heights
No. 21-03A, Oasis 2, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Prima Bayu Apartments
No. B-G-33E, Prima Bayu Apartments, Jalan Batu Unjur 9, Taman Bayu Perdana, 41200 Klang, Selangor
Jalan Simfoni 4
No. 76B, Jalan Simfoni 4, Simfoni Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Raja Udang 9
No. 35, Jalan Raja Udang 9, Pantai Sepang Putra, 43950, Sungai Pelek, Sepang, Selangor
Jalan Dato Abdul Hamid 14
No. 91, Jalan Dato Abdul Hamid 14, Taman Sentosa, 41200, Klang, Selangor
Palm Spring @ Damansara
No. B-113, Block B, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Amara Boulevard & Services Residence
No. A-21-06, Block A, Amara Boulevard & Services Residence, Jalan Raintree Utama, 68100 Batu Caves, Selangor
Pangsapuri Seri Kasturi
No. 02-02-11, Pangsapuri Seri Kasturi, 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.