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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One Soho
No. S-01-10, 1st Floor, Block Sapphire, One Soho, Jalan Kejayaan Subang, 47600 Subang Jaya, Selangor
The Wharf Residence
No. 28-27-12, The Wharf Residence, Jalan Tasik Prima 6/2, Taman Tasik Prima, 47150 Puchong, Selangor
Residensi Opal
No. A-08-01, Residensi Opal, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
I-Soho
No. B1-08-07, Block B1 (I-Suite), I-Soho, I-City, Persiaran Multimedia, Seksyen 7, 40000 Shah Alam, Selangor
Bandar Saujana Putra
No. 20B, Jalan SP 4/22, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Residensi Mutiara
No. B-14-12, Block B, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
D’ Aman Crimson
No. D-13-09, Block Damai, D’ Aman Crimson, No. 1, Jalan PJU 1A/41, Ara Jaya, 47301 Petaling Jaya, Selangor
The Mark @ Cheras
No. B-15-2, The Mark @ Cheras, Jalan Cheras Hartamas, Taman Bukit Segar, 43200, Selangor
Jalan Elegan 1
No. 35-1, Jalan Elegan 1, Taman Putra Perdana, 47130 Puchong, Selangor
Residensi Adelia 4
No. C-18-06, Block C, Residensi Adelia 4, Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Savanna Executive Suites
No. D1-11-02, Savanna Executive Suites, Jalan BBLS 2, Bandar Baru Lembah Selatan, 43800 Dengkil, Selangor
Masreca 19
No. B-GF-06, Blok B, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Pangsapuri Pelangi Heights
No. A-1-7, Pangsapuri Pelangi Heights, Jalan Pelangi, 41300 Klang, Selangor
Jalan Amansiara 1/6
No. 3-3, Jalan Amansiara 1/6, Taman Amansiara, 48000 Rawang, Selangor
Almera Residensi
No. AR1-15-06, Block AR1, Almera Residensi (Almyra Residence), Laman Puteri 3, Bandar Puteri Bangi, 43000 Kajang, Selangor
Jalan Irama 9
No. 61, Jalan Irama 9, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Mutiara Ville
No. F-01-09, Blok F, Mutiara Ville, Cyber 11, 63000 Cyberjaya, Selangor
Damansara Damai Phase 7
No. A-4-09, Damansara Damai Phase 7 (Park Avenue Condominium), Jalan PJU 10/1, 47000 Petaling Jaya, Selangor
Kenari Condominium
No. K-10-10, Kenari Condominium, Jalan Sri Kenari 10, Taman Sri Kenari Fasa 2, 43000, Kajang, Selangor
Taman Jasa Perwira
No. B-06-03 (Developer's Parcel No. B-6-3), Blok B, Taman Jasa Perwira (Lakeview Apartment), 68100 Batu Caves, Selangor
Jalan BB 3/20
No. 12, Jalan BB 3/20, Taman Banting Baru, 42700 Banting, Selangor
Savanna Executives Suites
No. C1-26-03, Savanna Executives Suites, Jalan Southville 2, Southville City, 43800 Dengkil, Selangor
Pangsapuri Selangorku Bukit Suria
No. 8-11, Pangsapuri Selangorku Bukit Suria, Jalan Bukit Suria, Taman Bukit Suria, 43000 Kajang, Selangor
Jalan KM 17
No. 7, Jalan KM 17, Kita Mekar @ Cybersouth, 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 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.