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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Menara Solstice 2
No. ST2-12-14, Menara Solstice 2, Persiaran Bestari, Cyber 11, 63000 Cyberjaya, Selangor
One Equine Residences
No. B-01-12, One Equine Residences, Jalan Equine, Taman Equine, 43300 Seri Kembangan, Selangor
Lorong Kenanga 3/2
No. Af7, Lorong Kenanga 3/2, Desa Kenanga, 43500, Semenyih, Selangor
BSP Skypark
No. T1-16-21, BSP Skypark, Persiaran Saujana Putra Utama, 42610 Bandar Saujana Putra, Selangor
Jalan Alam Suria 16/11
No. 19, Jalan Alam Suria 16/11, Fasa 5A2, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Jalan Merak 2/43
No. 38, Jalan Merak 2/43, Taman Bentara, 42500, Telok Panglima Garang, Selangor
Villaria Condominium
No. B17-3, Block B, Villaria Condominium, Jalan PJS 5/32, Taman Desaria, 46000 Petaling Jaya, Selangor
Jalan IK 3/4 Taman Indah KLIA
No. 1, Jalan IK 3/4 Taman Indah KLIA, 43900 Sepang, Selangor
Mutiara Heights
No. 00-13, Ground Floor, Oasis 2, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Pangsapuri Vista Sri Tanjung
No. A-8-11, Blok A, Pangsapuri Vista Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500, Semenyih, Selangor
Pangsapuri Impian Heights
No. A-6-6, Blok A, Pangsapuri Impian Heights, Off Jalan Pipit, Bandar Puchong Jaya, 47170, Puchong, Selangor
Jalan Ap 1c/11
No. 18, Jalan Ap 1c/11, Alam Perdana, 42300, Bandar Puncak Alam, Selangor
Tower B
No. B-36-06, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Jalan Eco Grandeur 8/1B
No. 43-1, Jalan Eco Grandeur 8/1B, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Seri Jati
No. 06-06-09, Block Seri Jati 6, Pangsapuri Seri Jati, No. 2, Jalan Setia Gemilang U13/45C, Setia Alam, Section U13, 40170 Shah Alam, Selangor
Casa Embun
No. B-19-05, Block B, Casa Embun, Jalan CE 1, Cybersouth, 43800 Dengkil, Selangor
Kenanga Apartment
No. 6C-07-06, Blok C, Kenanga Apartment, Jalan Wawasan 2/3, Pusat Bandar Puchong, 47100, Puchong, Selangor
Jalan Cuepacs 5K
No. 42, Jalan Cuepacs 5K, Taman Koperasi Cuepacs, 43000, Kajang, Selangor
Pangsapuri Alam Prima
No. A-07-06, Block A, Pangsapuri Alam Prima, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Kiara Plaza
No. A-23A-15, Kiara Plaza, Jalan Semenyih, 43500 Semenyih, Selangor
Acacia Residences
No. AR-11-09, Acacia Residences, Salak Perdana, 43900 Sepang, Selangor
Desaminium Rimba
No. 1-7-4, Block Merbau, Desaminium Rimba, Taman Desaminium, Lestari Perdana, 43300 Seri Kembangan, Selangor
Jalan CB 4
No. 11, Jalan CB 4, Casa Bayu, Cybersouth, 43800 Dengkil, Selangor
Landmark Residence 2
No. B-27-13A, Landmark Residence 2, Landmark Residence, 43000 Kajang, 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.