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 PJU 10/14H
No. 7, Jalan PJU 10/14H, Saujana Damansara PJU 10, 47830, Petaling Jaya, Selangor
Lumi Tropicana
No. A1-22-02, Block A1, Lumi Tropicana, No. 2, Persiaran Tropicana, PJU 3, 47410 Petaling Jaya, Selangor
Jalan PJU 10/16E
No. 59, Jalan PJU 10/16E, Sutera Damansara, 47830, Petaling Jaya, Selangor
Jalan Aman Perdana 5E/KU5
No. 12, Jalan Aman Perdana 5E/KU5, Taman Aman Perdana, 41050, Klang, Selangor
Jalan Cempaka Lui 1
No. 1, Jalan Cempaka Lui 1, Taman Cempaka Lui, 43100 Hulu Langat, Selangor
Jalan Kajang East 2/2
No. 3A, Jalan Kajang East 2/2, Kajang East, Precinct 2, 43500 Semenyih, Selangor
Jalan Penggawa 15/2
No. 7, Jalan Penggawa 15/2, Seksyen 2, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Jalan Eco Grandeur 2/1G
No. 7, Jalan Eco Grandeur 2/1G, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Jalan RGP 1
No. 2, Jalan RGP 1, Taman Regensi Rawang, 48000, Rawang, Selangor
Jalan USJ 1/12
No. 2, Jalan USJ 1/12, Taman Subang Permai, USJ 1, 47600 Subang Jaya, Selangor
Jalan Casuarina U17/63C
No. 6, Jalan Casuarina U17/63C, Elmina West, Seksyen U17, 40160, Shah Alam, Selangor
Residensi Alstonia
No. A-22-7, Block A, Residensi Alstonia, Jalan Kiara Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor
Jalan KP 2/6
No. 2, Jalan KP 2/6, Kota Perdana, Bandar Putera Permai, 43300 Seri Kembangan, Selangor
Jalan SKJ 4/3
No. 1, Jalan SKJ 4/3, Taman Scientex Kundang Jaya, 48020, Rawang, Selangor
Jalan DB2
No.118, Jalan DB2, Taman Desiran Bayu, 47120 Puchong Selangor
Jalan Setia Alamsari 1/1
No. 25, Jalan Setia Alamsari 1/1, Setia Alamsari, 43000, Kajang, Selangor
Emporis
No. S-02-03, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor 1, Kota Damansara, 47810, Petaling Jaya, Selangor
Jalan Elektron U16/36
No. 81, Jalan Elektron U16/36, Denai Alam, Seksyen U16, 40160, Shah Alam, Selangor
Jalan MR 2/3
No. 3, Jalan MR 2/3, Taman M-Residence 2, 48020 Rawang, Selangor
Jalan Puteri 5E/2
No. 56, Jalan Puteri 5E/2, Bandar Puteri Bangi, 43000 Kajang, Selangor
Jalan SP 4/3
No. 99, Jalan SP 4/3, Salak Perdana, 43900 Sepang, Selangor
Jalan Enggang
No. 32, Jalan Enggang, Bandar Puchong Jaya, 47100, Puchong, Selangor
Jalan Gunung Nuang U11/29
No. 17, Jalan Gunung Nuang U11/29, Bukit Bandaraya, 40170 Shah Alam, Selangor
Jalan Seri Putra 2/5B
No. 4, Jalan Seri Putra 2/5B, Bandar Seri Putra, 43000, Kajang, 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.