6535 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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Taman Sri Batu Caves
No. 78, Jalan SBC 3, Taman Sri Batu Caves, 68100, Batu Caves, Selangor
Jalan 3/6L
No. 6, Jalan 3/6L, Seksyen 3, 43650 Bandar Baru Bangi, Selangor
Jalan Sungai Rincing 32/63d
No. 7, Jalan Sungai Rincing 32/63d, Bukit Rimau, Seksyen 32, 40460 Shah Alam, Selangor
Jalan Bukit Templer
No. 28, Jalan Bukit Templer, Taman Bukit Templer, 48000 Rawang, Selangor
Jalan Teratak U8/106
No. 12, Jalan Teratak U8/106, Bukit Jelutong, 40150, Shah Alam, Selangor
Jalan Putra Harmoni 1/1E
No. 2, Jalan Putra Harmoni 1/1E, Putra Heights, 47650, Subang Jaya, Selangor
Jalan Aman Freesia 13
No. 2, Jalan Aman Freesia 13, Bandar Tropicana Aman, 42500 Telok Panglima Garang, Selangor
Jalan SS 1/27
No. 10, Jalan SS 1/27, 47300, Petaling Jaya, Selangor
Prima Velox
No. 5, Jalan Prima Velox, Prima Velox, Taman Velox, 48000, Rawang, Selangor
B-1-07
No. B-G-07, B-1-07, B-2-07 & B-3-07, Block B, Amanseri, Jalan Ss 7/13b, Kelana Jaya, 47301, Petaling Jaya, Selangor
Jalan Setia Damai U13/14J
No. 3, Jalan Setia Damai U13/14J, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Jalan SH 3/1
No. 3, Jalan SH 3/1, Sierra Hijauan, Taman Sierra Ukay, 68000 Ampang, Selangor
Jalan SS 5D/5
No. 8, Jalan SS 5D/5, 47301, Petaling Jaya, Selangor
Nos. A-G-9
Nos. A-G-9, A-1-9 Dan A-2-9, Jalan Sp 4/1, Taman Serdang Perdana, Seksyen 4, 43300, Seri Kembangan, Selangor
Jalan Residen 8
No. 16, Jalan Residen 8, Laman Residen, Sri Utara, 68100 Kuala Lumpur
Pusat Perdagangan Maisons 1
No. 6-1, 6-2 & 6-3, Jalan Maisons 1, Pusat Perdagangan Maisons 1, Persiaran Anggun Ria, 48000 Rawang, Selangor
Kampung Nelayan Sementa
PT 3306, Kampung Nelayan Sementa, Kapar, Klang, Selangor
Lorong Cinta Alam I
No. 614 (P.T. No. 20115), Lorong Cinta Alam I, Country Heights Kajang, 43000, Kajang, Selangor
Jalan Pulau Angsa U10/3A
No. 2, Jalan Pulau Angsa U10/3A, Perdana Heights, Seksyen U10, 40170, Shah Alam, Selangor
Jalan KE 3/3
No. 32A, Jalan KE 3/3, Kota Emerald, 48000, Bandar Rawang, Selangor
Jalan SS 1/22
No. 7, Jalan SS 1/22, 47300, Petaling Jaya, Selangor
Persiaran Sungai Long 5
No. 7, Persiaran Sungai Long 5, Bandar Sungai Long, 43000, Kajang, Selangor
Jalan Barat 1
No. 1, Jalan Barat 1, D'Island Residence, 47130 Puchong, Selangor
Jalan Aman Dahlia 3A
No. 10, Jalan Aman Dahlia 3A, Bandar Tropicana Aman (Dahlia), 42500 Telok Panglima Garang, 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 6535 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.