6142 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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Rumah Pangsa Kos Rendah Seksyen 7
No. 48-3-305, Rumah Pangsa Kos Rendah Seksyen 7, Seksyen 7, 40000 Shah Alam, Selangor
Flat SS8
No. 112, Flat SS8, Block B, Jalan SS 3/39, 47300 Petaling Jaya, Selangor
Apartment Golden Villa
No. D-10-10, Block D, Apartment Golden Villa, Jalan Temenggung 37/KS7, Taman Sejahtera, 41000 Klang, Selangor
Pangsapuri Rimba 2
No. C-09-02, Pangsapuri Rimba 2, No. 5, Jalan Lengkuas 16/19, Seksyen 16, 40200 Shah Alam, Selangor
Pandan Utama
No. SA36-2-B, Lorong Pandan Pertama 3, Pandan Utama, 68000 Ampang, Selangor
Kinrara Industrial Park
No. D3-05, Jalan TK 5/1, Kinrara Industrial Park, KM 13, Jalan Puchong, 47100 Puchong, Selangor
The Residence 1 @ Tiara South
No. 1-3A, The Residence 1 @ Tiara South, Tiara South, 43500 Semenyih, Selangor
Pangsapuri Lily
No. 02-04-34, Pangsapuri Lily, Jalan Metafasa U16/5, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Ikan Emas 4/1
No. 25, Jalan Ikan Emas 4/1, Taman Ikan Emas, 45800 Jeram, Selangor
Cyberia Smarthomes A
No. A3-7-1, Cyberia Smarthomes A, Cyberia, Cyber 11, 63000, Cyberjaya, Selangor
Iris Apartment
No. F-104, Iris Apartment, Persiaran Saujana 4, Taman Saujana Utama, 47000, Sungai Buloh, Selangor
Residensi Rimbun
No. B-08-06, Block B, Residensi Rimbun, Jalan Zamrud Utama, 43000 Kajang, Selangor
Klang Sentral
No. 27-1, Jalan Klang Sentral 6/KU5, Klang Sentral, Bukit Raja, 41050 Klang, Selangor
Southville City
No. B-24-06, Cerrado (Blok B), Southville City, 43800 Dengkil, Selangor
Pangsapuri Laguna Biru
No. D-2-10, Pangsapuri Laguna Biru, Jalan Tasik Biru 17, Kundang, 48050 Rawang, Selangor
Apartment Laguna Biru
No. D-15-5, Apartment Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, 40850 Rawang, Selangor
Pangsapuri Golden Villa
No. B-2-8, Pangsapuri Golden Villa, Jalan Temenggung 37/KS7, Di Jalan Kebun, 41000 Klang, Selangor
Suria Shop Apartment Suria
No. D-G03, Blok D, Suria Shop Apartment Suria, Jalan PJU 10/4A, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Pangsapuri Sri Raya
No. C-4-06, Pangsapuri Sri Raya, Jalan Ukay Perdana 3, Ukay Perdana, 68000 Ampang, Selangor
Pangsapuri Arista
No. F-0-16, Pangsapuri Arista, Persiaran Delima 1/KS09, Bandar Parklands, 41200 Klang, Selangor
Taman Khatijah
No. 9, Taman Khatijah, Batu 10, 45500 Tanjong Karang, Selangor
Pangsapuri Taman Industri Lembah Jaya
No. 08-24, Block A, Pangsapuri Taman Industri Lembah Jaya, Off Jalan Lembah Jaya, Taman Industri Lembah Jaya, 68000 Ampang, Selangor
Taman Bukit Idaman
No. 38A, Jalan Bukit Idaman 8/1, Taman Bukit Idaman, 68100 Batu Caves, Selangor
Impian Sentosa
No. 3-4-B, Block B, Impian Sentosa, Jalan Dato Dagang 6, Taman Sentosa, 41200, Klang, 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 6142 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.