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 18/62
No. 5094, Jalan 18/62, Taman Sri Serdang, 43300 Seri Kembangan, Selangor
Jalan MA 1
No. 1, Jalan MA 1, Taman Meranti Aman, 47120, Puchong, Selangor
Jalan Kajang Jaya
No. 5, Jalan Kajang Jaya, Taman Kajang Jaya, Off Jalan Bukit, 43000 Kajang, Selangor
Jalan Kasih 5
No. 1, Jalan Kasih 5, Taman Kasih, 43000, KAJANG, Selangor
Jalan BPP 4/8
No. 19, Jalan BPP 4/8, Pusat Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Lorong Dato Dagang 50b/ks7
No. 58, Lorong Dato Dagang 50b/ks7, Taman Sentosa, 41200, Klang, Selangor
Jalan 4/3
No. 17, Jalan 4/3, Bandar Baru Selayang, 68100 Batu Caves, Selangor
Brogaville Horticultural Village
Lot 12120, Brogaville Horticultural Village, 43500, Semenyih, Selangor
Jalan 4/9F
No. 1, Jalan 4/9F, Seksyen 4, 43650 Bandar Baru Bangi, Selangor
Jalan 1/4
No. 26, Jalan 1/4, Taman Seri Jaromas, 42600 Jenjarom, Selangor
Jalan Puisi 1/9
No. 4, Jalan Puisi 1/9, Alam Sari, 43000 Kajang, Selangor
Residensi Sembilan Cheras
No C2-01-01, Block C, Jalan Suria Residen, Residensi Sembilan Cheras, 43200 Cheras, Selangor
Jalan Amanputra 3/2
No. 30, Jalan Amanputra 3/2, Taman Amanputra, 47100, Puchong, Selangor
Jalan Permata Merah
No. 58, Jalan Permata Merah, Taman Selayang Permata, 68100 Batu Caves, Selangor
Jalan Minang Ria 3
No. 31, Jalan Minang Ria 3, Taman Minang Ria, 43200 Cheras, Selangor
Jalan SR 8/2A
No. 5, Jalan SR 8/2A, Taman Saujana Rawang, 48000, Rawang, Selangor
Kondo Casa Indah
No. D-G-8, Kondo Casa Indah, No.2A, Persiaran Surian, Damansara Indah, 47410 Petaling Jaya, Selangor
Dataran Otomobil
No. 64-G, Block 14, Dataran Otomobil, Jalan Pahat J 15/J, Seksyen 15, 40200 Shah Alam, Selangor
Residensi Alstonia
No. A-10-3A, Blok A, Residensi Alstonia, Jalan Kiara Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor
Jalan Aman Perdana 6F/KU5
No. 2, Jalan Aman Perdana 6F/KU5, Taman Aman Perdana, 41050, Klang, Selangor
Jalan Budiman 4/1
No. 42A, Jalan Budiman 4/1, Taman Putra Budiman, 43200, Cheras, Selangor
Jalan Bukit Saujana 2
No. 14, Jalan Bukit Saujana 2, Bukit Saujana, 47000 Sungai Buloh, Selangor
Jalan VS
No. 9, Jalan VS, Villa Senja, 48000 Rawang, Selangor
Jalan DM 2
No. 11, Jalan DM 2, Taman Desa Mas, Seksyen 1, Sungai Merab, 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.