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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Jalan Pengaturcara U1/51H
No. 17, Jalan Pengaturcara U1/51H, Seksyen U1, 40150, Shah Alam, Selangor
Jalan Rimba Riang 9/9
No. 42, Jalan Rimba Riang 9/9, Seksyen 9, Kota Damansara, 47810, Petaling Jaya, Selangor
Jalan Delima 5/KS6
No. 1, Jalan Delima 5/KS6, Bandar Botanic, 41200 Klang, Selangor
Jalan PJU 8/12B
No. 111, Jalan PJU 8/12B, The Rafflesia, Bandar Damansara Perdana, 47820, Petaling Jaya, Selangor
Persiaran Pelangi Pagi D
No. 5 (Lot 544), Persiaran Pelangi Pagi D, Country Heights Kajang, 43000, Kajang, Selangor
Jalan Setia Nusantara U13/22U
No. 17, Jalan Setia Nusantara U13/22U, Seksyen U13, 40170, Shah Alam, Selangor
Jalan DS 1/3
No. 29, Jalan DS 1/3, Danau Simfoni, Bandar Gamuda Gardens, 48050 Rawang, Selangor
Jalan SS 19/4D
No. 10, Jalan SS 19/4D, 47500 Subang Jaya, Selangor
Jalan Timah 2
PT 782, Jalan Timah 2, The Mines Resort City, 43300, Seri Kembangan, Selangor
Nos. 23
Nos. 23, 23-1, 23-2 & 23-3, Jalan Puteri 3A/2, Bandar Puteri Bangi, 43000 Kajang, Selangor
Jalan SIS 3
No. 5, Jalan SIS 3, Taman Perindustrian SIS 228, 43700 Beranang, Selangor
Jalan SS 22/10
No. 1, Jalan SS 22/10, Damansara Jaya, 47400, Petaling Jaya, Selangor
Jalan Setia Perdana U13/30a
No. 46, Jalan Setia Perdana U13/30a, Setia Alam, 40170, Shah Alam, Selangor
Jalan Balau
No. 2 (di Tapak C2), Jalan Balau, Villa Kristal Heights, 68100, Batu Caves, Selangor
Bandar Setia Alam
No. 32-GF & 32-1F & 32-2F & 32-3F, Jalan Setia Perdana BB U13/BB, Bandar Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Jalan Perindustrian SIS 3
No. 7, Jalan Perindustrian SIS 3, Taman Perindustrian SIS 228, 43700 Beranang, Selangor
Jalan 4/98
Lot 43227 to 43237, Residential Terrace Lots Located in the Vicinity, Jalan 4/98, Taman Supreme, 56100 Kuala Lumpur
Jalan Timah 2
PT 786, Jalan Timah 2, The Mines Resort City, 43300, Seri Kembangan, Selangor
Jalan BRP 3/3B
No. 11, Jalan BRP 3/3B, Bukit Rahman Putra, Seksyen U20, 40160, Shah Alam, Selangor
SS 17
No. 135, Jalan SS 17/1A, SS 17, 47500, Subang Jaya, Selangor
Jalan Kenyalang 11/15H
No. 18, Jalan Kenyalang 11/15H, PJU 5, Kota Damansara, 47810, Petaling Jaya, Selangor
Jalan Oniks Satu 7/11A
No. 8, Jalan Oniks Satu 7/11A, Seksyen 7, 40000, Shah Alam, Selangor
Tropicana Grande
No. B-27-02, Tropicana Grande, No. 3, Persiaran Tropicana PJU 3, 47410 Petaling Jaya, Selangor
Taman Rawang Perdana
Lot 71 (Blok J), Lot Banglo, Taman Rawang Perdana, 48000, Rawang, 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.