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 Impian Gemilang 2/4
No. 28, Jalan Impian Gemilang 2/4, Saujana Impian, 43000, Kajang, Selangor
Jalan Nova U5/91D
No. 11, Jalan Nova U5/91D, Subang Bestari, Seksyen U5, 40150, Shah Alam, Selangor
Kiara Plaza
Lot 12, Kiara Plaza, Jalan Semenyih, 43500 Semenyih, Selangor
Locality Of Rancangan Tanah Belia Changgang
Lot 65993 (Formerly Known as Lot 7663), Locality Of Rancangan Tanah Belia Changgang, Mukim Tanjung Dua Belas, Kuala Langat, Selangor
Jalan Puncak Pinggiran Putra 1/1
No. 11, Jalan Puncak Pinggiran Putra 1/1, Puncak Pinggiran Putra, 43000 Kajang, Selangor
Jalan Sultan Sir Alaeddin Sulelman Shah Satu
No. 5, Jalan Sultan Sir Alaeddin Sulelman Shah Satu 9/5A, Seksyen 9, 40100, Shah Alam, Selangor
Jalan Equine 5
No. 20, Jalan Equine 5, Taman Equine, 43300, Seri Kembangan, Selangor
Jalan Elemen 3
No. 3, Vila Elemen, Jalan Elemen 3, Jalan Kelab Golf Sultan Abdul Aziz Shah 13/6, Seksyen 13, 40100 Shah Alam, Selangor
Jalan Jade Hills 1/1
No. 51, Jalan Jade Hills 1/1, Persiaran Jade Hills Utama, Jade Hills, 43000 Kajang, Selangor
Jalan Embun Kemensah 3
No. 39, Residensi Emeri, Jalan Embun Kemensah 3, Taman Embun Kemensah, 68000 Ampang, Selangor
Jalan BK 8/1D
No. 78, Jalan BK 8/1D, Bandar Kinrara, 47180, Puchong, Selangor
Jalan Timah 2
PT 788, Jalan Timah 2, The Mines Resort City, 43300, Seri Kembangan, Selangor
Jalan Impian Gemilang 3/7
No. 243, Jalan Impian Gemilang 3/7, Saujana Impian, 43000, Kajang, Selangor
Jalan Jeram Empat 8/22D
No. 3, Jalan Jeram Empat 8/22D, Seksyen 8, 40000 Shah Alam, Selangor
Jalan TR 3/1
No. 3, Jalan TR 3/1, Tropicana Golf & Country Resort, 47410, Petaling Jaya, Selangor
Jalan Kemuning Permai 33/42g
No. 5, Jalan Kemuning Permai 33/42g, Taman Kemuning Utama, Seksyen 33, 40400, Shah Alam, Selangor
Jalan U13/52L
No. 20, Jalan U13/52L, Eco Ardence, Seksyen U13, 40170, Shah Alam, Selangor
Jalan TPI 1
No. 8, Jalan TPI 1, Taman Puncak Indah, 68000, Ampang, Selangor
Jalan 16/6C
No. 8, Jalan 16/6C, 46350, Petaling Jaya, Selangor
Jalan Timah 2
PT 787, Jalan Timah 2, The Mines Resort City, 43300, Seri Kembangan, Selangor
Jalan BRP 2/1H
No. 24, Jalan BRP 2/1H, Bukit Rahman Putra, 40160, Shah Alam, Selangor
Jalan DU 6/2
No. 10, Ambrosia@ Kinrara Residensi, Jalan DU 6/2, Taman Damai Utama, 47180, puchong, Selangor
Jalan SP 5A/1
No. 10, Jalan SP 5A/1, Taman Saujana Puchong, 47110, Bandar Putra Permai, Selangor
Jalan Memanah 13/55C
No. 6, Jalan Memanah 13/55C, Laman Seri, Seksyen 13, 40100 Shah Alam, 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.