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 8/35A
No. 79, Jalan 8/35A, Seksyen 8, Taman Seri Bangi, 43650, Bandar Baru Bangi, Selangor
Jalan Pulau Angsa U10/44
No. 20, Jalan Pulau Angsa U10/44, Sunway Alam Suria, Seksyen U10, 40170, Shah Alam, Selangor
Jalan Aman Perdana 9E/KU5
No. 24, Jalan Aman Perdana 9E/KU5, Taman Aman Perdana, 41050, Klang, Selangor
Jalan Medan Batu Caves 3
No. 71, Jalan Medan Batu Caves 3, Taman Medan Batu Caves, 68100, Batu Caves, Selangor
Jalan Bangi Avenue 6/11
No. 1, Jalan Bangi Avenue 6/11, Taman Bangi Avenue, 43000 Kajang, Selangor
Pusat Perdagangan Icon City
No. T3-22-3A, Pusat Perdagangan Icon City, Jalan SS8/39, SS8, 47300 Petaling Jaya, Selangor
Jalan USJ 6/4
No. 65, Jalan USJ 6/4, 47610, Subang Jaya, Selangor
Jalan Melawis
No. 2, Lintang Besi 2, Jalan Melawis, 41250 Klang, Selangor
Jalan CV 1/2A
No. 42A, Jalan CV 1/2A, Casa View, 43800 Dengkil, Selangor
Pusat Bandar Puchong
No. G-02-3A, Block G, Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, 47160 Puchong, Selangor
Jalan Bentara 18/5
No. 3, Jalan Bentara 18/5, Seksyen 5, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Denai Alam
No. 10, Lorong Elektron N U16/N, Denai Alam, Seksyen U16, 40160 Shah Alam, Selangor
Jalan Rimba 6
No. 46, Jalan Rimba 6, Taman Rimba, Bandar Gamuda Cove, 42700 Banting, Selangor
Pangsapuri Temasya Kasih
No. A-5-12A, Pangsapuri Temasya Kasih, No. 6, Jalan Kerjaya, Seksyen U1, 40150 Shah Alam, Selangor
Jalan Flora 3F/9
No. 7, Jalan Flora 3F/9, Bandar Rimbayu (Flora), 42500 Telok Panglima Garang, Selangor
Pavilion
No. B-21-02, Pavilion, Jalan Puteri 7/13, Bandar Puteri, 47100, Puchong, Selangor
Jalan Bayu Damai 4C/KS09
No. 8, Jalan Bayu Damai 4C/KS09, Kota Bayuemas, 41200, Klang, Selangor
Jalan Lengkuas 16/23A
No. 47, Jalan Lengkuas 16/23A, Ken Rimba, Seksyen 16, 40200 Shah Alam, Selangor
Jalan SS 5c/11
No. 30, Jalan SS 5c/11, 47301, Petaling Jaya, Selangor
Jalan Sungai Buloh
No. SA-22-08, Dataran Prestij (SqWhere), Jalan Sungai Buloh, Kampung Baru Sungai Buloh, Section U19, 40160 Shah Alam, Selangor
Jalan Desa Bestari 15
No. 27, Jalan Desa Bestari 15, Taman Desa Bestari, 43900, Sepang, Selangor
Persiaran Suarasa 3
No. D-1-8, Block D, Avenue Two Lake Valley, Persiaran Suarasa 3, Bandar Tun Hussein Onn, 43200 Cheras, Selangor
Eco Sky
No. A-25-10, Eco Sky, No. 972, Batu 6 1/2, Jalan Ipoh, 68100 Kuala Lumpur
Residensi Lakeville
No. C-32-01, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
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.