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 3/5L
No. 6, Jalan 3/5L, Seksyen 3, Bandar Baru Bangi, 43650 Bandar Baru Bangi, Selangor
Jalan 1A/1
No. 102, Jalan 1A/1, Bandar Rimbayu, 42500 Telok Panglima Garang, Selangor
Jalan MD 1
No. 2A, Jalan MD 1, Taman Meranti Damai, 47120 Puchong, Selangor
Jalan Mirage 4
No. 3, Jalan Mirage 4, Mirage Perdana Lakeview West, Cyber 7, 63000 Cyberjaya, Selangor
Residensi Urbana Ara Damansara
No. D-06-08, Block D, Residensi Urbana Ara Damansara, Jalan PJU 1a/46, PJU 1A, 47301 Petaling Jaya, Selangor
Jalan LEP 3
No. 1, Jalan LEP 3, Taman Lestari Putra, 43300 Seri Kembangan, Selangor
Impiria
No. B-12-08, Impiria, Lorong Batu Nilam 16A/KS06, Bandar Bukit Tinggi 2, 41200 Klang, Selangor
Taman Medan
No. 6, Jalan PJS 2D/1, Taman Medan, 46000, Petaling Jaya, Selangor
Sfera Residensi
No. C-LG-3A, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan Elektron U16/81A
No. 8, Jalan Elektron U16/81A, Denai Alam, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Aman Serenia 11/13
No. 1, Jalan Aman Serenia 11/13, Serenia City, 43900 Sepang, Selangor
Jalan Damar Bayu 1/KS09
No. 29, Jalan Damar Bayu 1/KS09 (Jalan Damar Bayu 1), Glenmarie Cove, 42000 Klang, Selangor
Jalan Bukit Permata 1
No. 30, Jalan Bukit Permata 1, Bukit Permata, 68100, Batu Caves, Selangor
Jalan CW 1/1
No. 1, Jalan CW 1/1, Cybersouth, 43800 Dengkil, Selangor
Jalan DM 2
No. 35, Jalan DM 2, Taman Desa Mas, Sungai Merab, 43000 Kajang, Selangor
Residensi Lakeville
No. B-17-01, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Jalan Wangsa 3
No. 14, Jalan Wangsa 3, Wangsa Ukay, 68000 Ampang, Selangor
Jalan Frekuensi U16/119
No. 29, Jalan Frekuensi U16/119, Elmina East, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Cokmar 2A
No. 10, Jalan Cokmar 2A, Mutiara Bukit Raja, 41050, Klang, Selangor
Oasis Ara Damansara
No. E-1-3A, Block E, Oasis Ara Damansara, No. 2, Jalan PJU 1A/7A, 47301 Petaling Jaya, Selangor
Jalan Cassia U17/68B
No. 4, Jalan Cassia U17/68B, Elmina West, Seksyen U17, 40160, Shah Alam, Selangor
PJ8 Service Suites
No. D-22-07, Block D, PJ8 Service Suites, No. 23, Jalan Barat, Seksyen 8, 46050 Petaling Jaya, Selangor
Jalan Seri Putra 9/4
No. 100, Jalan Seri Putra 9/4, Bandar Seri Putra, 43000, Kajang, Selangor
Windows On The Park
No. B-16-01, Tingkat 16, Block B, Windows On The Park, Jalan KPB 18, 43200, 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.