6142 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 Belimbing Indah
No. 1, Jalan Belimbing Indah, Taman Belimbing Indah, 43300, Seri Kembangan, Selangor
Jalan LP 1/5
No. 16, Jalan LP 1/5, Taman Lestari Perdana, 43300, Seri Kembangan, Selangor
Jalan Jelok Impian 7
No. 2, Jalan Jelok Impian 7, Taman Jelok Impian, 43000, Kajang, Selangor
Unipark Suria
No. A-G-01 & A-01-01, Centrum Residences, Unipark Suria, Jalan Ikram-Uniten, 43000 Kajang, Selangor
Jalan Selasih U12/29
No. 12, Jalan Selasih U12/29, Cahaya Alam, 40170, Shah Alam, Selangor
Jalan Ma 2
No. 3, Jalan Ma 2, Taman Meranti Aman, 47100, Puchong, Selangor
Jalan Kenanga 2
No 8 Jalan Kenanga 2
Jalan Magnesium 7/106
No. 12, Jalan Magnesium 7/106, Seksyen 7, 40000 Shah Alam, Selangor
Residensi 99
No. C-33A-05, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
Armanee Terrace Condominium
No. B-2-B09, Armanee Terrace Condominium, No. 8, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Jalan Schumann 3A
No. 11, Jalan Schumann 3A, Symphony Hills, Cyber 9, 63000 Cyberjaya, Selangor
Jalan D'Alpinia Utama
No. 12, Andana Villa, Jalan D'Alpinia Utama, Taman D'Alpinia, 47120 Puchong, Selangor
Jalan 2/1G
Lot 4, Jalan 2/1G, Seksyen 2, 43650, Bandar Baru Bangi, Selangor
Jalan Wangsa 1/3
No. 9, Jalan Wangsa 1/3, Taman Wangsa Cheras, 43200, Cheras, Selangor
Jalan Suadamai 2/4
No. 21, Jalan Suadamai 2/4, Bandar Tun Hussein Onn, 43200, Cheras, Selangor
Jalan Sierra 3/7
No. 10, Jalan Sierra 3/7, Bandar 16 Sierra, 47120, Puchong, Selangor
Metropolitan Square
No. W103, West Wing, Metropolitan Square, No. 2, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Jalan Putra Prima 5/1
No. 17, Jalan Putra Prima 5/1, Taman Putra Prima, 47130, Puchong, Selangor
Aragreens
No. C-05-03, Block C, Aragreens, No. 6A, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Jalan SS 26/3
No. 43, Jalan SS 26/3, Taman Mayang Jaya, 47301, Petaling Jaya, Selangor
Lorong Kristal 4F
No. 17, Lorong Kristal 4F, Bandar Parkland, 41200, Klang, Selangor
Jalan Eco Santuari 2/2A
No. 43, Jalan Eco Santuari 2/2A, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Jalan Prima Saujana 1/4B
No. 2, Jalan Prima Saujana 1/4B, Taman Prima Saujana, 43000, Kajang, Selangor
Jalan Schubert 1C
No. 2, Jalan Schubert 1C, Symphony Hills, Cyber 9, 63000 Cyberjaya, 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 6142 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.