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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Residensi Sembilan Cheras
No. C1-01-01, Block C, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Jalan Elektron U16/36
No. 54, Jalan Elektron U16/36, Denai Alam, Seksyen U16, 40160 Shah Alam, Selangor
Jalan Hijau Pelangi U9/48
No. 7, Jalan Hijau Pelangi U9/48, Cahaya SPK, 40150 Shah Alam, Selangor
Jalan Mat Kilau 35/79
No. 28, Jalan Mat Kilau 35/79, Alam Impian, Seksyen 35, 40470, Shah Alam, Selangor
Armanee Terrace Condominium
No. B-11-C08, Armanee Terrace Condominium, No. 8. Jalan PJU 8/1, Damansara Perdana, 47820 Petaling Jaya, Selangor
Armanee Terrace Condominium
No. B-9-B08, Armanee Terrace Condominium, No. 8, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Jalan Badik 11/4
No. 6, Jalan Badik 11/4, Seksyen 11, 40000 Shah Alam, Selangor
Lorong Sanggul 2D
No. 20, Lorong Sanggul 2D, Bandar Puteri, 41200, Klang, Selangor
Jalan Putra Mahkota 7/3H
No 22, Jalan Putra Mahkota 7/3H, Putra Heights, 47650 Subang Jaya, Selangor
Jalan 1/7
No. 1, Jalan 1/7, Taman Seri Jaromas, 42600, Jenjarom, Selangor
Jalan Eco Majestic 2/1C
No. 12A, Jalan Eco Majestic 2/1C, Eco Majestic, 43500 Semenyih, Selangor
Sfera Residensi
No. C-01-08, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan Seri Intan 1
No. 2, Jalan Seri Intan 1, Taman Seri Intan, 68000, Ampang, Selangor
Jalan USJ 6/2H
No. 27, Jalan USJ 6/2H, UEP Subang Jaya, 47610, Subang Jaya, Selangor
Jalan Selasih U12/20B
No. 26, Jalan Selasih U12/20B, Taman Cahaya Alam, Seksyen U12, 40170, Shah Alam, Selangor
Jalan Flora 1A/1
No. 102, Jalan Flora 1A/1, Bandar Rimbayu, 42500 Telok Panglima Garang, Selangor
Jalan Frekuensi U16/126B
No. 39, Jalan Frekuensi U16/126B, Elmina East, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Seri Putra 2/2B
No. 10, Jalan Seri Putra 2/2B, Bandar Seri Putra, 43000 Kajang, Selangor
Jalan Eco Grandeur 6/2F
No. 1 (Developer's Parcel No. G60322), Jalan Eco Grandeur 6/2F, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Jalan Pulau Angsa U10/45
No. 27, Jalan Pulau Angsa U10/45, Seksyen U10, 40170, Shah Alam, Selangor
Jalan Sentosa 6/KS06
No. 9, Jalan Sentosa 6/KS06, Taman Bayu Tinggi, 41200, Klang, Selangor
Jalan Setia Utama U13/37l
No. 32, Jalan Setia Utama U13/37l, Setia Alam, 40170, Shah Alam, Selangor
Jalan Bp 10/9
No. 50, Jalan Bp 10/9, Bandar Bukit Puchong 2, 47120, Puchong, Selangor
Jalan Anggerik
No. 4, Jalan Anggerik, Seksyen BB4, Bandar Bukit Beruntung, 48300 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 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.