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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Pangsapuri Sri Mutiara
No. C-4-24, Pangsapuri Sri Mutiara, Jalan Putra Indah 9/1C, Putra Heights, 47650 UEP Subang Jaya, Selangor
Taman Medan Cahaya
No. A-08-04, Block A, Taman Medan Cahaya, No. 49, Jalan Pjs 2c/2, 46000, Petaling Jaya, Selangor
Pangsapuri Kenanga
No. A-4-13, Pangsapuri Kenanga, Jalan TBK 1/10, Taman Bukit Kinrara, 47100 Puchong, Selangor
Pangsapuri Sri Proton
No. C1-4-05, Pangsapuri Sri Proton, Lorong Samarinda 6a, 41000, Klang, Selangor
Permai Apartment
No. G-217, Block G, Permai Apartment, No.13, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Kompleks Midlandscity
No. A-08-11, Kompleks Midlandscity, Persiaran Setia Mayuri-Midlands, 43500 Semenyih, Selangor
Taman Medan Cahaya
No. A-06-03, Block A, Taman Medan Cahaya, No. 49, Jalan Pjs 2c/2, 46000, Petaling Jaya, Selangor
Desa Mentari
No. B5-7-13, Block 5, Jalan PSJ 6/5B, Desa Mentari, 46000 Petaling Jaya, Selangor
Pangsapuri Enggang
No. B-8-5, Level 8, Block B, Pangsapuri Enggang, Jalan Kinrara 6F, Bandar Kinrara, 47180 Puchong, Selangor
Pangsapuri Desa Lembah Permai
No. B1-9-20, Block 1, Pangsapuri Desa Lembah Permai, Jalan Permai 13, Desa Lembah Permai, 68000 Ampang, Selangor
Rumah Pangsa
No. 21, Blok E, Rumah Pangsa, Jalan Kosas 3/12, Taman Kosas, 68000 Ampang, Selangor
Kinrara Industrial Park
No. E5-02, Block E, Jalan TK 5/1, KM 13, Jalan Puchong, Kinrara Industrial Park, 47100 Puchong, Selangor
Apartment Permai Ria
No. 03A-03, Apartment Permai Ria, Jalan Permai M, Bukit Ampang Permai, Ampang 68000, Selangor
Gugusan Tanjung
No. 3-1-4, Gugusan Tanjung, Jalan Cecawi 6/19, Kota Damansara, Petaling Jaya, Selangor
Pangsapuri Petaling Perdana
No. G-01-03, Block G, Pangsapuri Petaling Perdana, Jalan Pjs 1/21, Taman Petaling Utama, 46150 Petaling Jaya, Selangor
Pandan Mewah
No. A2-2-19, Block A2, Jalan Mewah 4, Pandan Mewah, 68000 Ampang, Selangor
Metropolitan Square
No. D-S-3A-12, Jalan PJU 8/1, Metropolitan Square, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
2nd Floor
No. B-2-144, 2nd Floor, Block B, GM Klang Wholesale City, Jalan Kasuarina 1, Bandar Botanik, 41200 Klang, Selangor
2nd Floor
No. B-2-111, 2nd Floor, Block B, GM Klang Wholesale City, Jalan Kasuarina 1, Bandar Botanik, 41200 Klang, Selangor
Desa Lembah Permai
No. B3-09-27, Block B3, Desa Lembah Permai, 68000 Ampang, Selangor
Pangsapuri Melati
No. 3-2-17, Pangsapuri Melati, No. 1, Jalan Metafasa U16/3,Taman Bukit Subang, Seksyen U16, 40160 Shah Alam, Selangor
Pangsapuri Puchong Permata
No. B-1-12, Pangsapuri Puchong Permata, Jalan Permai 4, Taman Puchong Permai, 47150 Puchong, Selangor
Jalan GU 1/3
No. 18, Jalan GU 1/3, Taman Garing Utama, 48000 Rawang, Selangor
Sri Manja Square 1
No. 31-5, Block F, Sri Manja Square 1, Jalan PJS 3/48, Taman Sri Manja, 46000 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 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.