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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Persiaran Seri Pagi C
No, 746 (PT. 45394), Persiaran Seri Pagi C, Country Heights Kajang, 43000 Kajang, Selangor
Jalan SR 8/2E
No. 12, Jalan SR 8/2E, Taman Saujana Rawang, 48000, Rawang, Selangor
Jalan Puteri 6/7
No. 39, Jalan Puteri 6/7, Bandar Puteri, 47100, Puchong, Selangor
Lake Point Residence
No. 43, Jalan LPR 5, Lake Point Residence, Cyber 11, 63000, Cyberjaya, Selangor
Jalan Bidara 1
No. 18, Jalan Bidara 1, Saujana Utama 3, 47000 Sungai Buloh, Selangor
Jalan Pinggiran Putra 50A
No. 45, Jalan Pinggiran Putra 50A, Taman Pinggiran Putra, 43300 Seri Kembangan, Selangor
Jalan Putra Bahagia 8/3D
No. 16, Jalan Putra Bahagia 8/3D, Putra Heights, 47650, Subang Jaya, Selangor
Residensi Sembilan Cheras
No. C1-03-03, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Jalan USJ 20/1B
No. 10, Jalan USJ 20/1B, USJ 20, 47630, Subang Jaya, Selangor
Residensi Estetika
No. 1-11, Residensi Estetika, (Astetica Residences), Jalan Dagang SB, The Mines Resort City, 43300, Seri Kembangan, Selangor
Jalan SS 23/31
No. 51, Jalan SS 23/31, 47400, Petaling Jaya, Selangor
Jalan Mahkota 2
No. 25, Jalan Mahkota 2, Taman Pinggiran Mahkota, 43200 Sungai Long, Selangor
Jalan Puncak Alam Jaya 5
No.9, Jalan Puncak Alam Jaya 5, Puncak Alam Jaya, 42300 Bandar Puncak Alam Jaya Selangor Darul Ehsan
Jalan Goodview 9
No. 46, Jalan Goodview 9, Goodview Heights, 43000, Kajang, Selangor
Jalan 5/3b
No. 49, Jalan 5/3b, Btp5, Bandar Tasik Puteri, 48020, Rawang, Selangor
Jalan Berlian
No. 21, Jalan Berlian, Taman Berlian, 68100, Batu Caves, Selangor
Armanee Terrace Condominium
No. B-17-B02A, Armanee Terrace Condominium, No. 8, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Jalan Pulau Angsa U10/33C
No. 2, Jalan Pulau Angsa U10/33C, Bandar Nusa Rhu, Seksyen U10, 40170 Shah Alam, Selangor
Jalan Nuri 7/16
No. 2, Jalan Nuri 7/16, PB Sungai Buloh, 47810, Petaling Jaya, Selangor
Jalan NPT 7/1E
No. 11, Jalan NPT 7/1E, Taman Nusaputra Timur, 47130, Puchong, Selangor
Emporis Kota Damansara
No. S-01-26, Emporis Kota Damansara, Persiaran Surian, 47810 Petaling Jaya, Selangor
CBD Perdana 3
No. E-G-6, Block E, CBD Perdana 3, Jalan Perdana, Cyber 12, 63000 Cyberjaya, Selangor
Jalan Anggerik Vanilla 31/98P
No. 9, Jalan Anggerik Vanilla 31/98P, Canal Garden, Kota Kemuning, 40460, Shah Alam, Selangor
Jalan BSC 4A/5
No. 50, Jalan BSC 4A/5, Bandar Seri Coalfields, Presint 4, 47000, Sungai Buloh, 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.