6299 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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Jalan Palma 1/5
No. 25, Jalan Palma 1/5, Bandar Hillpark, 42300, Bandar Puncak Alam, Selangor
Jalan 6
Lot 438 (PT 588), Jalan 6, Kampung Melayu Subang Tambahan, Seksyen U5, 40150, Shah Alam, Selangor
Jalan Penghulu 12/3
No. 13, Jalan Penghulu 12/3, Seksyen 3, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Saville D'Lake
No. 13-17, Saville D'Lake, Jalan Saville, 47130 Puchong, Selangor
Trio Residence
No. C-19-06, Block C, Trio Residence, Jalan Langat/KS06, Bandar Bukit Tinggi, 41200 Klang, Selangor
Pangsapuri Paragon Tiga
No. M3-09-10, Pangsapuri Paragon Tiga, Persiaran Lestari Putra, Taman Lestari Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan Prima 7/9
No. 24, Jalan Prima 7/9, Taman Puchong Prima, 47150 Puchong, Selangor
Jalan Ritma 1/5
No. 6, Jalan Ritma 1/5, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Sunsuria Forum Residences
No. RS-13A-08, Sunsuria Forum Residences, Persiaran Multimedia, Seksyen 15, 63000 Cyberjaya, Selangor
Jalan MR 2/9
Premises No. 5, Jalan MR 2/9, Taman M-Residensi 2, 48020 Rawang, Selangor Darul Ehsan.
Jalan Myra Alam 1/5
No. 49, Jalan Myra Alam 1/5, Taman Myra Alam, 42300 Bandar Puncak Alam, Selango
Jalan Galaksi 1/2
No. 14, Jalan Galaksi 1/2, Bandar Mahkota Banting, 42700, Banting, Selangor
Jalan Saujana Perdana 19
No. 40, Jalan Saujana Perdana 19, Saujana Perdana, 47000, Sungai Buloh, Selangor
Vista Hijauan
No. C-20-07, Vista Hijauan, Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Sunsuria Forum Residences
No. RS-10-3A, Sunsuria Forum Residences, No. 1, Jalan Setia Dagang AL U13/AL, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Tower A
No. A-20-01, Tower A, Usj One, Persiaran Subang Permai, Usj 1, 47500 Subang Jaya, Selangor
Ampang Putra Residensi
No. A-08-01, Ampang Putra Residensi, Jalan Ampang Putra 6, 68000 Ampang, Selangor
Jalan Mawar 13C
No. 56, Jalan Mawar 13C, Taman Mawar, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Jalan Eco Forest 3/2D
No. 22A, Jalan Eco Forest 3/2D, Eco Forest, 43500 Semenyih, Selangor
Jalan Parklands 5
No. 72, Jalan Parklands 5, Semenyih Parklands, 43700 Beranang, Selangor
Jalan Palma 1/9
No. 68, Jalan Palma 1/9, Bandar Hillpark Puncak Alam, 42300, Bandar Pundak Alam, Selangor
Seri Hijauan Condominium
No. A-13-05, Seri Hijauan Condominium, No. 1, Jalan Bukit Hijau 26/24, Seksyen 26, 40400, Shah Alam, Selangor
Pacific Place Commercial Centre
No. A-03A-15, Block A, Pacific Place Commercial Centre, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Palm Spring @ Damansara
No. C-1106, Palm Spring @ Damansara, Jalan PJU 3/29, Seksyen 13, 47810, Petaling Jaya, 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 6299 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.