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HOW TO BUY AUCTION PROPERTIES
You
will need to be above 18 years
of age to register and become
eligible to bid at an
auction.
Register with Property Auction
House Sdn. Bhd. with a Bank
Draft amount to the deposit
Stated in the Proclamation Of
Sale of the property that you
intend to bid, prior to the
Auction Sale.
Registration:
1) Obtain a
copy of the Proclamation Of
Sale and Condition of Sale [Download].
Read and understand the
Condition of Sale.
2) Purchase a
Bank Draft amount to the
deposit which stated in the
Proclamation Of Sales. Make
the bank draft deposit payable
to:
Bank Islam Malaysia Berhad
(Note: Please refer to the
Proclamation Of Sale. Some
bank may require additional
information on the bank
draft).
3) Attending
the auction sale minimum 30
minutes before the auction
start:
(For High Court and Land
Office auctions pls refer to
the bidder submission dateline
/ closing time for submission)
Date:
23/04/2018
Time:
10.30 am
Venue:
Unit E-3-3, 3rd Floor, Block E, Plaza Tanjung Aru, Jalan Mat Salleh, 88150 Kota Kinabalu, Sabah
4) Bring
along your IC and Bank draft
or Authorization Letter if you
bidding behalf for others.
5) Register
youself at Property Auction
House S/B.
Note:
If you are bidding behalf of
the purchaser(s). Please bring
a long an authorization letter
and photocopy(ies) of
purchaser(s) IC.).
Note:
For company to purchase please
bring along: i) Company
Resolution ii) Authorization
Letter iii) Form 9 & Form 49.
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