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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Menara YOLO
No. 18-07, Menara YOLO, Yolo Signature Suites, Jalan PJS 8/6, PJS 8, Bandar Sunway, 46150 Petaling Jaya, Selangor
Saville @ D'Lake
No. 13-17, Jalan Saville, Saville @ D'Lake, 47130 Puchong, Selangor
Jalan CG 1/2F
No. 2, Jalan CG 1/2F, Casa Green, Cybersouth, 43800, Selangor
Jalan BK 4/1K
No. 2, Jalan BK 4/1K, Bandar Kinrara, 47180, Puchong, Selangor
Lorong Samarinda 29D
No. 29, Lorong Samarinda 29D, Taman Mewah Jaya 2, 41000, Klang, Selangor
Tower A
No. A-23-01, Tower A, Pangsapuri Servis Greenfield, Jalan PJS 8/15, PJS 8, Bandar Sunway, 46150 Petaling Jaya, Selangor
Jalan Intan 44
No. 7, Jalan Intan 44, Taman Yayasan, 42600 Jenjarom, Selangor
Jalan MR 1/26
No. 21, Jalan MR 1/26, Taman M-Residensi, 48020, Rawang, Selangor
Jalan Tanjung Tenteram 30/23
No. 49, Jalan Tanjung Tenteram 30/23, Taman Impian Sutera, Section 30, 40460 Shah Alam, Selangor
Jalan Eco Majestic 1/1A
No. 25, Jalan Eco Majestic 1/1A, Eco Majestic, 43500 Semenyih, Selangor
H2O @ Ara Damansara
No. B-20-01, H2O @ Ara Damansara, No. 1, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Jalan BK 2/7
No. 100, Jalan BK 2/7, Bandar Kinrara, 47180 Puchong, Selangor
Jalan CV 1/1B
No. 13 (Developer's Unit No. 230), Jalan CV 1/1B, Casa View (Cybersouth), 43800 Dengkil, Selangor
You Vista
No. VA-33-06, You Vista, You City, 43200 Cheras, Selangor
Jalan 11P 8/5
No. 20, Dua (2) Tingkat, Jalan 11P (Hillpark) 8/5, Hillpark 3, 43500, Semenyih, Selangor
Jalan CV 1/1A
No. 3, Jalan CV 1/1A, Casa View, 43800 Dengkil, Selangor
Jalan Setia Impian U13/3p
No. 33, Jalan Setia Impian U13/3p, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Jalan Alam Suria 16/16
No. 28, Jalan Alam Suria 16/16, Fasa 5a4, Seksyen 16, 42300, Puncak Alam, Selangor
Jalan Sp7/5
No. 73, Jalan Sp7/5, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Jalan Setia Alamsari 1/3
No. 8, Jalan Setia Alamsari 1/3, Setia Alamsari, 43000, Kajang, Selangor
Jalan Setia Impian U13/5H
No. 34, Jalan Setia Impian U13/5H, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Jalan Saujana KLIA 3/4
No. 76, Jalan Saujana KLIA 3/4, Saujana KLIA, 43900, Sepang, Selangor
Lorong Tepi Sungai 5
No. 10, Lorong Tepi Sungai 5, 41100 Klang, Selangor
Jalan Paya Lebar Lima 27/10E
No. 20, Jalan Paya Lebar Lima 27/10E, Laman Seri, Seksyen 27, 40400, Shah Alam, 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.