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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D’Pines
No. B-01-01, D’Pines, Jalan Pandan Bersih, Taman Nirwana, 68000 Ampang, Selangor
Jalan KE 1/8
No. 26, Jalan KE 1/8, Kota Emerald, 48000 Rawang, Selangor
Jalan Serene 4/5
No. 5, Jalan Serene 4/5, Serene Heights, 43500 Semenyih, Selangor
Jalan Damai Perdana 3/3A
No. 38, Jalan Damai Perdana 3/3A, Bandar Damai Perdana Cheras, 43200, Cheras, Selangor
You Residences
No. A-20-08, Block A, You Residences, Jalan Persiaran You City, 43200 Cheras, Selangor
Jalan MR 2/10
No. 19, Jalan MR 2/10, Taman M-Residensi 2, 48020 Rawang, Selangor
Jalan Kebun Nenas 6C/KS8
No. 20, Jalan Kebun Nenas 6C/KS8, Bandar Putera 2, 41200, Klang, Selangor
Jalan Setia Impian U13/5F
No. 14, Jalan Setia Impian U13/5F, Setia Alam, Seksyen U13, 41070 Shah Alam, Selangor
Taman Garing Permai
No. 45, Jalan GP Utama, Taman Garing Permai, 48000, Rawang, Selangor
Jalan Ecohill 1/1C
No. 12A, Jalan Ecohill 1/1C, Setia Ecohill, 43500, Semenyih, Selangor
Vista Alam
No. S2-01-09, Vista Alam, No. 3, Presint 4.5, Jalan Ikhtisas 14/1, Seksyen 14, 40000 Shah Alam, Selangor
Kondominium Sierra 10
No. B-19-10, Blok B, Kondominium Sierra 10, Jalan Sierra 10/1, Bandar 16 Sierra, 47120, Puchong, Selangor
Jalan Taman Putra 1
No. 22, Jalan Taman Putra 1, Azalea @ Taman Putra, 47000 Sungai Buloh, Selangor
Jalan Serene 4/4
No. 18, Jalan Serene 4/4, Serene Heights, 43500, Semenyih, Selangor
Glomac Centro
No. 27-09, Glomac Centro, Jalan Teratai, PJU 6A, 47400 Petaling Jaya, Selangor
Jalan Uranus U5/122A
No. 9, Jalan Uranus U5/122A, Bandar Pinggiran Subang, 40150, Shah Alam, Selangor
Jalan Ritma 2/5
No. 57, Jalan Ritma 2/5, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan KP 8/8B
No. 40, Jalan KP 8/8B, Seksyen 8, Kota Puteri, 48100 Batu Arang, Selangor
Pangsapuri Akasa
No. B-26-9, Dua Puluh Enam (26), Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300, Seri Kembangan, Selangor
Jalan CV 1/2A
No. 25, Jalan CV 1/2A, Casa View, 43800 Dengkil, Selangor
Jalan Bawal Sembilan 17/3J
No. Premis 47, Jalan Bawal Sembilan 17/3J, Seksyen 17, 40200, Shah Alam, Selangor
One Damansara
No. B-01-07, One Damansara, Jalan PJU 10/3C, Damansara Damai, 47830 Petaling Jaya, Selangor
Tower C
No. C-04-01, Tower C, Serin Residency, Jalan Fauna 1, Cyber 9, 63000 Cyberjaya, Selangor
Jalan KE 11/8
No. 2A, Jalan KE 11/8, Kota Emerald, 48000 Rawang, 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.