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 Impian Murni 3/9
No. 28, Jalan Impian Murni 3/9, Saujana Impian, 43000, Kajang, Selangor
Jalan Elmina Ilham 7
No. 11, Jalan Elmina Ilham 7, Elmina East, Seksyen U16, 40160 Shah Alam, Selangor
Jalan Idaman 8
No. 76, Jalan Idaman 8, Taman Semenyih Idaman, 43500, Semenyih, Selangor
Jalan Bangau 2
No. 11, Jalan Bangau 2, Bandar Puchong Jaya, 47170 Puchong, Selangor
Jalan Mutiara 1/6
No. 7, Jalan Mutiara 1/6, Taman Mutiara Indah, 47160, Puchong, Selangor
PJ Midtown
No. B-27-02, PJ Midtown, Jalan Kemajuan, Seksyen 13, 46200 Petaling Jaya, Selangor
Jalan Zaitun 8/4
No. 78, Jalan Zaitun 8/4, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Jalan Kesuma 6
No 45, Jalan Kesuma 6, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan Ecohill 3/3B
No. 33, Jalan Ecohill 3/3B, Setia Ecohill, 43500, Semenyih, Selangor
Taman M Aruna
No. 1, Aruna 4, Taman M Aruna, 48000 Rawang, Selangor
Jalan MA 1
No. 37, Jalan MA 1, Taman Meranti Aman, 47120 Puchong, Selangor
Jalan Flora 3E/16
No. 29, Jalan Flora 3E/16, Bandar Rimbayu (Flora), 42500, Telok Panglima Garang, Selangor
Jalan PJU 3/33
No. 2A-2, Jalan PJU 3/33, Sunway Damansara, 47810, Petaling Jaya, Selangor
Jalan Elektron U16/87
No. 40, Jalan Elektron U16/87, Denai Alam, Seksyen U16, 40160, Shah Alam, Selangor
Lorong Hamzah Alang 26
No. 14, Lorong Hamzah Alang 26, 42200 Kapar, Selangor
Jalan Hijau Pelangi U9/55
No. H-01-2, Jalan Hijau Pelangi U9/55, Primer Garden Town Villas, Cahaya SPK, Seksyen U9, 40150 Shah Alam, Selangor
Jalan Selat Selatan 1/4
No. 25, Jalan Selat Selatan 1/4, Taman Selat Damai Pandamaran, 42000, Klang, Selangor
Jalan Kerongsang 7
No. 29, Jalan Kerongsang 7, Bandar Puteri Klang, 41200, Klang, Selangor
Jalan Residensi Lambaian 1/5
No. 31, Jalan Residensi Lambaian 1/5, Residensi Lambaian Dua, 43000 Kajang, Selangor
Jalan Sari Alamanda 8/6
No. 77, Jalan Sari Alamanda 8/6, Sari Alamanda, 48000 Rawang, Selangor
Jalan UP 3/7B
No. 7, Jalan UP 3/7B, Taman Ukay Perdana, 68000 Ampang, Selangor
Jalan KB 15
No. 29, Jalan KB 15, Kita Bayu Cybersouth, 43800 Dengkil, Selangor
Jalan Rimba 2
No. 2A, Jalan Rimba 2, Taman Rimba, Bandar Gamuda Goves, 42700 Banting, Selangor
Jalan BP 13A
No. 27, Jalan BP 13A, Taman Bukit Pertama, 68100 Batu Caves, 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.