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 Megah 2/2
No. 50, Jalan Megah 2/2, Taman Megah 2, Cheras, Selangor
Jalan Kuda Kepang 10/KU5
No. 70, Jalan Kuda Kepang 10/KU5, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan Elektron U16/83
No. 33, Jalan Elektron U16/83, Denai Alam, Seksyen U16, 40160, Shah Alam, Selangor
Jalan 4/10A
No. 48, Jalan 4/10A, Seksyen 4, 43650 Bandar Baru Bangi, Selangor
Jalan Tropicana Heights 2/6
No. 41, Jalan Tropicana Heights 2/6, Tropicana Heights, 43000 Kajang, Selangor
Jalan U19/1A
No. 14, Jalan U19/1A, (Jalan Gantang Satu U19/1A), Taman Sri Buloh, Seksyen U19, 40160, Shah Alam, Selangor
Jalan Fauna 2B/6
No. 20, Jalan Fauna 2B/6, Bandar Rimbayu (Fauna), 42500, Telok Panglima Garang, Selangor
Jalan Bukit Indah 3/17
No. 21, Jalan Bukit Indah 3/17, Taman Bukit Indah, 68000 Ampang, Selangor
Jalan U8/32
No. 60, Jalan U8/32, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Jalan Setia Impian U13/7D
No. 45, Jalan Setia Impian U13/7D, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Jalan Selasih U12/24
No. 7, Jalan Selasih U12/24, Taman Cahaya Alam, 40170, Shah Alam, Selangor
Jalan Pulau Angsa U10/12A
No. 10, Jalan Pulau Angsa U10/12A, Sunway Alam Suria, Section U10, 40170, Shah Alam, Selangor
Jalan Goodview 2A
No. 26, Jalan Goodview 2A, Goodview Heights, 43000, Kajang, Selangor
Bandar Baru Bangi
No. B-05-1, Jalan Medan PB 5, Bandar Baru Bangi, 43650 Bandar Baru Bangi, Selangor
Bandar Baru Bangi
No. B-03A-1, Jalan Medan PB 5, Bandar Baru Bangi, 43650 Bandar Baru Bangi, Selangor
Taman Kajang Jaya
No. 203, Jalan Kajang Jaya 7, Taman Kajang Jaya, 43000, Kajang, Selangor
Jalan Anggun 1G
No. 13A, Jalan Anggun 1G, Kota Emerald, 48000 Rawang, Selangor
JomBid - Jalan Spektrum U16/10
JomBid - Jalan Spektrum U16/10, BK Subang, 40160, Shah Alam, Selangor
Jalan WP 2/1
No. 53, Jalan WP 2/1, Kota Warisan, 43900 Sepang, Selangor
Jalan Nova U5/73B
No. 23, Jalan Nova U5/73B, Subang Bestari, Seksyen U5, 40150 Shah Alam, Selangor
Jalan SS 5C/1A
No. 16, Jalan SS 5C/1A, Kelana Jaya, 47301, Petaling Jaya, Selangor
Residensi Sembilan Cheras
No. A-05-08, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Opal Residensi
No. C-P3-4, Opal Residensi, Jalan Baiduri Bulan 7/28, Seksyen 7, 40000 Shah Alam, Selangor
Jalan Kajang East 2/3
No. 19, Jalan Kajang East 2/3, Kajang East, Precinct 2, 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.