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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I-Suite 2
No. B1-33-07, I-Suite 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Jalan Lambaian 3
No. 11, Jalan Lambaian 3, Taman Lambaian Residence, 43000 Kajang, Selangor
Jalan SP 7/3
No. 96, Jalan SP 7/3, Bandar Saujana Putra, 42610, Lebuhraya Elite, Jenjarom, Selangor
Jalan Mawar 6C
No. 31 (PT 963), Jalan Mawar 6C, Taman Mawar, 43900, Sepang, Selangor
Akoya Residence
No. 05-07, Akoya Residence, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Sri Gotong Apartment
No. B-12-7, Sri Gotong Apartment, Jalan Batu 7, Medan Batu Caves, 68100 Batu Caves, Selangor
Sri Acappella Serviced Apartments
No. MR2-07-10, Sri Acappella Serviced Apartments, No. 1, Jalan Lompat Tinggi 13/33, Seksyen 13, 40100 Shah Alam, Selangor
Jalan Casa Bayu 3
No. 6, Jalan Casa Bayu 3, Casa Bayu, Cybersouth, 43800 Dengkil, Selangor
Pangsapuri Panorama
No. A-05-3, Pangsapuri Panorama, No. 3, Jalan Bullion Mewah 9, Taman Bullion Mewah, 68100 Kuala Lumpur
Tangerine Suites
No. 08-33, Tangerine Suites, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
Residensi Hijauan
No. A2-12-02, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Jalan Amansiara 1/3
No. 55-1, Jalan Amansiara 1/3, Taman Amansiara, 68100 Batu Caves, Selangor
Jalan Tulus 25/71
No. 31, Jalan Tulus 25/71, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Jalan SB 3
No. 19, Jalan SB 3, Taman Salak Budi, 43900, Sepang, Selangor
Suria Residence
No. A-1-29, Block A, Suria Residence, Jalan Residence, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Lorong MU 3B
No. 2, Lorong MU 3B, Taman Malawati Utama, 45000, Kuala Selangor, Selangor
Bayu Residensi @ Seri Temenggung
No. 1-35-08, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Jalan SP 8/18
No. 32, Jalan SP 8/18, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Tower 1
No. T1-15-03, Tower 1, Lakefront Homes @ Cyberjaya, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Jalan Putra Perdana 13/9
No. 24, Jalan Putra Perdana 13/9, Taman Putra Perdana, 47100, Puchong, Selangor
Jalan 7A/8
No. 28, Jalan 7A/8, Bandar Tasik Puteri, 48020 Rawang, Selangor
Desa Idaman
No. C-05-09, Block C, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150, Puchong, Selangor
Tower A
No. SA-12-09, Tower A, Paragon Pangea, Persiaran Bestari, Cyber 11, 63000, Cyberjaya, Selangor
Jalan SP 8/12
No. 45, Jalan SP 8/12, Bandar Saujana Putra, 42610, Lebuhraya Elite, Jenjarom, 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.