6461 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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Selangorku PR1MA Lakefront Homes
No. D-12-17, Block D, Selangorku PR1MA Lakefront Homes, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Pangsapuri Vista Sri Tanjung
No. A-8-11, Blok A, Pangsapuri Vista Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500, Semenyih, Selangor
Tower A
No. A-11-05, Tower A, Amerin Residence, Jalan Impian Indah, Taman Impian Indah, 43300, Seri Kembangan, Selangor
Bayu Residensi @ Seri Temenggung
No. 2-30-3, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Jalan BM 7/5
No. 8, Jalan BM 7/5, Seksyen 7/9A, Bandar Bukit Mahkota, 43000 Kajang, Selangor
Cybersquare
No. D-26-13, Block D, Jalan Teknokrat 6, Cybersquare, Cyber 5, 63000, Cyberjaya, Selangor
Pangsapuri Damai
No. B-04-11, Blok B, Pangsapuri Damai, Jalan Tokoh 25/28, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Jalan Parklands 5
No. 57, Jalan Parklands 5, Semenyih Parklands, 43700, Beranang, Selangor
Jalan 6/2
No. 10, Jalan 6/2, Bandar Tasik Puteri, 48020 Rawang, Selangor
Residensi Suasana @ Damai
No. C-01-11, Block C, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Jalan Ketingting 3
No. 30, Jalan Ketingting 3, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Ketingting 5
No. 24, Jalan Ketingting 5, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Ketingting
No. 18, Jalan Ketingting, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Ketingting 3
No. 28, Jalan Ketingting 3, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Ketingting
No. 28, Jalan Ketingting, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Ketingting 5
No. 16, Jalan Ketingting 5, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Ketingting
No. 16, Jalan Ketingting, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Ketingting 1
No. 14, Jalan Ketingting 1, Bandar Peranginan Seri Morib, 42700 Banting, Selangor
Jalan Helang Siput 1
No. 11, Jalan Helang Siput 1, Pantai Sepang Putra, 43950, Sungai Pelek, Selangor
Pangsapuri D'Rimba
No. E-2-03, Pangsapuri D'Rimba, No. 11, Jalan Kenyalang 11/14, Kota Damansara, 47810, Petaling Jaya, Selangor
Tower 2
No. T2-5-10, Tower 2, Skyvilla, Persiaran Utara, D'Island Residence, 47130 Puchong, Selangor
Kenwingston Residence
No. B2-09-2A, Block B, Kenwingston Residence, Kenwingston Square Garden, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Residensi Vista Agresif
No. 8-02, Residensi Vista Agresif, Jalan Kampung Sekamat, 43000 Kajang, Selangor
Residensi Amara
No. B-10-11, Blok B, Residensi Amara, Jalan Raintree Utama, Taman Raintree, 68100, Batu Caves, 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 6461 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.