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 Saujana Indah 6
No. 7, Jalan Saujana Indah 6, Taman Industri Saujana Indah Seksyen U2, 40150, Shah Alam, Selangor
Jalan Desa Kenanga 2/1
No. 27, Jalan Desa Kenanga 2/1, Taman Desa Kenanga 2, 43500, Semenyih, Selangor
Jalan Puncak Saujana 5/2c
No. 45A, Jalan Puncak Saujana 5/2c, Taman Puncak Saujana, Seksyen 5, 43000, Kajang, Selangor
Jalan Bsc 6a/5
No. 93, Jalan Bsc 6a/5, Presint 6, Bandar Seri Coalfields, 47000, Sungai Buloh, Selangor
Jalan Astaka 3A/KU2
No. 50, Jalan Astaka 3A/KU2, Laman Vista Alam, Bandar Bukit Raja, 41050 Klang, Selangor
Subang Olives Residence
No. Q-16-2, Subang Olives Residence, Persiaran Kemajuan, Jalan SS 16, 47500 Subang Jaya, Selangor
Dataran Sentral Damansara
No. A-46-02, Block A, Dataran Sentral Damansara (D'Clover Residences), No. 3, Jalan PJU 8/8B, Sentral Damansara, PJU 8, 47820 Petaling Jaya, Selangor
Jalan Dividen Dua 23/6B
No. 64, Jalan Dividen Dua 23/6B, Seksyen 23, 40300 Shah Alam, Selangor
Jalan Cecawi PSB 6/15
No. 3, Jalan Cecawi PSB 6/15, 47810, Sungai Buloh, Selangor
Jalan USJ 11/4L
No. 46, Jalan USJ 11/4L, USJ 11, 47620, Subang Jaya, Selangor
Jalan Zaitun 8/4
No. 43, Jalan Zaitun 8/4, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Armanee Terrace Kondominium
No. A-G-B06, No. 8, Jalan PJU 8/1, Armanee Terrace Kondominium, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Radia Commercial
No. UG1-33A, Radia Commercial, No. 3, Persiaran Arked, Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor
Jalan BP 14/5
No. 108, Jalan BP 14/5, Bandar Bukit Puchong 2, 47120 Puchong, Selangor
Jalan Panglima Awang 35/126B
No. 23, Jalan Panglima Awang 35/126B, Alam Impian, Seksyen 35, 40470 Shah Alam, Selangor
Jalan Cassia U17/72
No. 15, Jalan Cassia U17/72, Elmina West, Seksyen U17, 40160, Shah Alam, Selangor
Jalan Damai Perdana 2/5
No. 23, Jalan Damai Perdana 2/5, Bandar Damai Perdana, 43200 Cheras, Selangor
Gardenview Residence
No. C-8-6, Gardenview Residence, Cyber 12, 63000, Cyberjaya, Selangor
Jalan SS14/7A
No. 10, Jalan SS14/7A, 47500, Subang Jaya, Selangor
Jalan Hijau Pelangi U9/55
No. L-16-2, Jalan Hijau Pelangi U9/55, Hijau Pelangi, Cahaya SPK, Shah Alam, 40150 Shah Alam, Selangor
Jalan PJU 10/17B
No. 16-2, Jalan PJU 10/17B, Sutera Damansara, 47830 Petaling Jaya, Selangor
Jalan Fauna 3/5
No. 18, Jalan Fauna 3/5, Bandar Rimbayu, 42500, Telok Panglima Garang, Selangor
Jalan MR 1/15
No. 2, Jalan MR 1/15, Taman M- Residensi, 48020, Rawang, Selangor
Jalan Bukit Semenyih 3/1
No. 1, Jalan Bukit Semenyih 3/1, Taman Bukit Semenyih, 43500 Semenyih, 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.