6535 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-City
No. E-09-29, Hyde 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Laguna Biru 2
No. A-1-6, Laguna Biru 2, Jalan Tasik Biru 2, Taman Tasik Biru, Kundang, 48050 Rawang, Selangor
Selangorku Prima Lakefront Homes
No. B-17-10, Selangorku Prima Lakefront Homes, Persiaran Sepang Cyber 11, 63000 Cyberjaya, Selangor
Jalan BSE 4/33
No. 34, Jalan BSE 4/33, Bandar Seri Ehsan, 42700, Banting, Selangor
Mentari Court
No. G-10-18, Block G, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Southville City
No. B-21-13, Cerrado, Jalan Southville 1, Southville City, 43800, Sepang, Selangor
Solok Seri Kenangan 3
No. 49, Solok Seri Kenangan 3, Rumah Murah Meru 3, 41050 Klang, Selangor
Residensi Mutiara
No. A-17-05, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Idaman Melur
No. A-09-25, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Cerrado Southville City
No. B-20-06, Cerrado (Blok B) Southville City, 43800 Dengkil, Selangor
Pangsapuri Suria Rafflesia
No.B-06-13A, Pangsapuri Suria Rafflesia, Jalan Setia Perdana U13/28, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Pelangi Damansara
No. F-11-5, Block F (Melati), Pelangi Damansara, PJU 6, Persiaran Surian, 47800 Petaling Jaya, Selangor
Lorong Bendahara 47D
No. 55, Lorong Bendahara 47D, Taman Mewah Baru 2, 41200, Klang, Selangor
Pangsapuri Seri Jati
No. 02-04-13, Pangsapuri Seri Jati, No 2, Jalan Setia Gemilang U13/45c, Setia Alam,Seksyen U13, 40170 Shah Alam, Selangor
Bayu Residensi @ Seri Temenggung
No. 1-38-10, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Jalan Adenium 3B
No. 8, Jalan Adenium 3B, Bukit Beruntung, 48300, Rawang, Selangor
Pangsapuri Idaman Melur
No. A-14-26, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Sri Cempaka Apartment
No. KE-04-04, Blok E, Sri Cempaka Apartment, Persiaran Indera, Pusat Bandar Puchong, 47160 Puchong, Selangor
Residensi Sri Tanjung
No. 12-04, Residensi Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500 Semenyih, Selangor
Viista Millennium Condominium
No. Blok Bougainvilla, 03A-01, Viista Millennium Condominium, Jalan Dm 1, Taman Desa Millennia, 47150, Puchong, Selangor
Pangsapuri Ss 6
No. 804, Blok A, Pangsapuri Ss 6, Jalan Ss 6/1, Kelana Jaya, 47301, Petaling Jaya, Selangor
Jalan Kelubi
No. R22, Jalan Kelubi, Taman Kota, 42600 Jenjarom, Selangor
Jalan Hamzah Alang 60
No. 20, Jalan Hamzah Alang 60, Taman Kapar Jaya, 42200 Kapar, Selangor
Jalan Kiambangsari 6
No. 10, Jalan Kiambangsari 6, Perumahan Jalan Kiambangsari, 48010 Bandar Sungai Buaya, 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 6535 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.