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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Pelangi Damansara
No. D-19-12, 20, Blok D, (Dahlia), Pelangi Damansara, Persiaran Surian, PJU 6, 47800, Petaling Jaya, Selangor
Menara Penaga
No. B-10-05, Menara Penaga, Jalan Ariza, Taman Raintree, 68100, Batu Caves, Selangor
Apartment Putra Satu
No B2-G-26, Apartment Putra Satu, Bandar Seri Putra Kajang, 43000 Kajang Negeri Sembilan
Space U8
No. 2-9-3, Space U8, No. 6, Persiaran Pasak Bumi, Taman Bukit Jelutong, 40150 Shah Alam, Selangor
Jalan TPS 2/12A
No. 8, Jalan TPS 2/12A, Taman Pelangi Semenyih 2, 43500, Semenyih, Selangor
Residensi The Edge
No. 24-25, Residensi The Edge, Persiaran Subang Indah, USJ 1, Subang Jaya, Selangor
Lake View Apartment
No. B-06-15, Block B, Lake View Apartment, Off Jalan Sungai Tua, Taman Jasa Perwira, 68100, Batu Caves, Selangor
Jalan Tasik Semenyih Permai 2
No. 22-1, Jalan Tasik Semenyih Permai 2, Garden Villa @ Taman Tasik Semenyih Permai, 43500 Semenyih, Selangor
Magna Ville Condominium
No. B13-11, Block B, Magna Ville Condominium, Jalan Selayang-Kepong, 68100 Batu Caves, Selangor
Residensi Emas
No. A-32-15, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Jalan Ap 1c/11
No. 18, Jalan Ap 1c/11, Alam Perdana, 42300, Bandar Puncak Alam, Selangor
DK Impian
No. B-14-19, DK Impian, Jalan Uranus U5/125a, Subang Pelangi, Seksyen U5, 40150 Shah Alam, Selangor
Residensi PR1MA Bandar Bukit Mahkota
No. B-14-07, Residensi PR1MA Bandar Bukit Mahkota, Persiaran Mahkota 1, 43000 Kajang, Selangor
Axis Crown @ Axis Pandan
No. E10-01, Axis Crown @ Axis Pandan, Taman Cempaka, 68000 Ampang, Selangor
Pangsapuri Salvia
No. D2-4-3, Pangsapuri Salvia, Jalan Kenyalang 11/3, 47810 Petaling Jaya, Selangor
Lintang Kapar Setia 3
No. 33, Lintang Kapar Setia 3, Di Persiaran Hamzah Alang, 42200, Kapar, Selangor
Jalan Orkid 27
No. 39, Jalan Orkid 27, Taman Orkid, Kanchong Darat, 42700 Banting, Selangor
Unipark Condominium
No. C-3-3, Block C, Unipark Condominium, Jalan US 1, Off Jalan Ikram-Uniten, Taman Unipark Suria, 43000 Kajang, Selangor
Residensi Bukit Tiara
No. A-02-07, Block A, Residensi Bukit Tiara, Jalan Karunmas 10, 43300 Seri Kembangan, Selangor
Residensi Zamrud
No. A-13-16, Block A, Jalan Zamrud Utama, Residensi Zamrud, Sungai Tangkas, 43000 Kajang, Selangor
Prima U1
No. 2-18-11, Blok 2, Prima U1, Jalan Kerjaya, Seksyen U1, 40150 Shah Alam, Selangor
Tiara Parkhomes
No. A-02-09, Jalan Bukit Ria, Tiara Parkhomes, 43000 Kajang, Selangor
Residensi Zamrud
No. A-09-01, Block A, Residensi Zamrud, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Tower B
No. B-36-06, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, 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.