6461 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 Menara Utama
PT 14589 & PT 14590, Jalan Menara Utama, Taman D Menara, Bukit Changgang, 42700 Banting, Selangor
Jalan Metro 1/9
No. 50, Jalan Metro 1/9, Bandar Metro Puchong, 47160 Puchong, Selangor
Jalan Aman Elemen 5
No. 21 (Developer's Parcel No. TA10-189), Jalan Aman Elemen 5, Bandar Tropicana Aman (Elemen), 42500 Telok Panglima Garang, Selangor
Jalan SET 1/3A
No. 19, Jalan SET 1/3A, Setia Eco Templer, 48000 Rawang, Selangor
Mutiara Tropicana
No. B-8, Mutiara Tropicana, No. 74 Persiaran Tropicana, 47410, Petaling jaya, Selangor
Jalan Puncak Perdana
No. 17, Jalan Puncak Perdana, Puncak Perdana (Perdana Heights), Taman Cheras Perdana, 43200, Cheras, Selangor
Jalan MA 2
No. 7, Jalan MA 2, Taman Meranti Aman, 47120 Puchong, Selangor
Persiaran Hijau Kasturi
No. 5, 50 Residensi, Persiaran Hijau Kasturi, Cahaya SPK, 40150 Shah Alam, Selangor
Jalan DJ 1
No. 2, Jalan DJ 1, Taman Delima Jaya, 43800 Dengkil, Selangor
Jalan SL 6
No. 21, Jalan SL 6, Sejati Lakeside, Cyber 10, 63000, Cyberjaya, Selangor
Kampung Telok Piah
Lot 24, Rawang, Kampung Telok Piah, 45000, Kuala Selangor, Selangor
Jalan U9/7A
No. 32, Jalan U9/7A, Seksyen U9, 40150, Shah Alam, Selangor
Jalan Kajang Perdana 12/6
No. 1, Jalan Kajang Perdana 12/6, Taman Kajang Perdana, 43000, Kajang, Selangor
Jalan Elektron U16/67
No. 19, Jalan Elektron U16/67, Denai Alam, Seksyen 16, 40160 Shah Alam, Selangor
Jalan PUJ 9/6
No. 27, Jalan PUJ 9/6, Taman Puncak Jalil, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Taman TTDI Jaya
No. 18, Jalan Opera J U2/J, Taman TTDI Jaya, Seksyen U2, 40150, Shah Alam, Selangor
Jalan Hijau Pelangi U9/48
No. 6, Jalan Hijau Pelangi U9/48, Cahaya SPK, 40150, Shah Alam, Selangor
Jalan USJ 4/6D
No. 27, Jalan USJ 4/6D, 47600 Subang, Jaya, Selangor
Jalan Penaga 4/KS6
No. 43, Jalan Penaga 4/KS6, Bandar Botanic, 41200, Klang, Selangor
Jalan DB 2
No. 10, Jalan DB 2, Taman Desiran Bayu, 47120, Puchong, Selangor
Jalan Setia Utama U13/37N
No. 13, Jalan Setia Utama U13/37N, Setia Alam, 40170, Shah Alam, Selangor
Jalan Sierra 2/8
No. 53, Jalan Sierra 2/8, Bandar 16 Sierra, 47120, puchong, Selangor
Jalan KE 4
No. 55, Jalan KE 4, Kota Emerald (Fasa 4A), Kota Emerald, 48000, Rawang, Selangor
Jalan Ulek Mayang 3D/KU5
No. 12, Dua (2) Tingkat, Jalan Ulek Mayang 3D/KU5, Bandar Bukit Raja, 41050, Klang, 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 6461 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.