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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Tower C
Nos C-09 (C-G-09, C-1-09 & C-2-09), Tower C, Sunway Nexis, No. 1, Jalan PJU 5/1, Kota Damansara, 47810, Petaling Jaya, Selangor
Rancangan Kemajuan Tanah Sungai Merab II
Lot 9054, Rancangan Kemajuan Tanah (RKT) Sungai Merab II, Kajang, Selangor
Jalan Perindustrian BJ2T 1/1
No. 5, Jalan Perindustrian BJ2T 1/1, Kawasan Perindustrian Balakong Jaya 2 Tambahan, 43300 Seri Kembangan, Selangor
Jalan PJU 7/22E
No. 11A, Jalan PJU 7/22E, Mutiara Damansara, 47800, Petaling Jaya, Selangor
Jalan Canselor U1/13A
No. 31, Jalan Canselor U1/13A, Glenmarie Residence, Seksyen U1, 40150 Shah Alam, Selangor
Jalan Timah
Lot 149, Jalan Timah, The Mines Resort City, 43300, Seri Kembangan, Selangor
Jalan Hulubalang 27
Lot 10477, Jalan Hulubalang 27, Taman Sentosa, 41200 Klang, Selangor
Jalan Anggerik
Lot. 2551, Off Jalan Anggerik, Seri Kembangan, 43300, Pekan Baru Sungai Besi, Selangor
Jalan Kudalari
No. 23, Jalan Kudalari, 43000 Kajang, Selangor
Jalan Astaka U8/88a
No. 19, Jalan Astaka U8/88a, Megah 18, Seksyen U8, Bukit Jelutong, 40150, Shah Alam, Selangor
Jalan Puncak Bukit Indah 1
No. 30, Jalan Puncak Bukit Indah 1, Setiahills, Taman Bukit Indah, 68000 Ampang, Selangor
Pusat Bandar Puchong
No. 35, Jalan Bandar Empat Belas, Pusat Bandar Puchong, 47610, Puchong, Selangor
Pusat Komersial Parklane
No. D-G-8, D-1-8, D-2-8, D-3-8, D-3A-8, D-5, M-8, Block D, Pusat Komersial Parklane, No. 21, Jalan SS 7/26, Kelana Jaya, 47301 Petaling Jaya, Selangor
Jalan Anggerik
Lot. 2542, Off Jalan Anggerik, Seri Kembangan, 43300, Pekan Baru Sungai Besi, Selangor
Jalan Anggerik
Lot. 2548, Off Jalan Anggerik, Seri Kembangan, 43300, Pekan Baru Sungai Besi, Selangor
Jalan Jemerlang Kuning
No. 56, Jalan Jemerlang Kuning, Sierramas Resort Homes, 47000, Sungai Buloh, Selangor
Jalan Anggerik
Lot. 2540, Off Jalan Anggerik, Seri Kembangan, 43300, Pekan Baru Sungai Besi, Selangor
Jalan Anggerik
Lot. 2543, Off Jalan Anggerik, Seri Kembangan, 43300 Pekan Baru Sungai Besi, Selangor
Jalan Anggerik
Lot. 2539, Off Jalan Anggerik, Seri Kembangan, 43300, Pekan Baru Sungai Besi, Selangor
Jalan Anggerik
Lot. 2547, Off Jalan Anggerik, Seri Kembangan, 43300, Pekan Baru Sungai Besi, Selangor
Jalan Anggerik
Lot. 2538, Off Jalan Anggerik, Seri Kembangan, 43300, Pekan Baru Sungai Besi, Selangor
Jalan TR 6/1
No. 7, Jalan TR 6/1, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor
Persiaran Impian Gemilang
No. 82-83, Persiaran Impian Gemilang, Taman Impian Golf & Country Resort, 43000, Kajang, Selangor
Jalan BK 6B/11A
No. 6 (PT 3568), Jalan BK 6B/11A, Bandar Kinrara, 47180, Puchong, 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.