Home » How To Buy Auction Property

There are two types of property auction.

The first type is Loan Agreement Cum Assignment (LACA) auction, and it is conducted by banks for properties without an individual or strata title. The second type is Non-LACA property where the auction is conducted by the High Court for properties with an individual or strata title.

Identify 

Identify the property that you want and pay attention to relevant information according to the location of your choice and the budget you have to invest

Inspect 

Understand the state and condition of the desired property. Conduct an external inspection of the property to ascertain the condition.

Independent research 

Conduct a through research with the relevant Land Office and make general enquiries with the developer or management office. Seek independent legal advice on the property. A common problem is evicting occupants from the property, so be prepared to spend time and effort on this.

Call the auctioneer/agent 

Call the auctioneer or agent to get additional information about the property.

Preparation 

Take note of the auction time, date and venue. Prepare a bank draft or cashier’s order for the deposit amount equivalent to either 5% or 10% of the Reserved Price before the auction date. [Also, prepare additional cash on the auction day to top-up the difference on the deposit sum between the successful bidding price and the reserved price. The sum must be paid immediately after the auction.] - LACA case only.

Registration 

Register your details prior to the auction. You may also register on the actual day itself before the auction. 

Bidding Time 

The auctioneer will announce the commencement of the auction, and then provide a briefing on the bidding process. He will then read out the important clauses in the COS and the property information. After the auctioneer announces the starting price, the bidder should raise his/her bidding card to signify interest and also to indicate the bidding price.

Successful bidder 

The bidding process will stop when the highest price is called out three times by the auctioneer and no further bids can be made. At the fall of the hammer, the property is sold.

Signing the contract 

The successful bidder is required to sign the Contract of Sale and pay the remaining difference on the same day itself if there’s an increment to the successful bidding price. The balance of the purchase price must be paid within 90 days from the auction day. Contact the bank to arrange for financing.

Legal matters 

Once you officially own the property, you can apply for a distress order on the occupants through a lawyer before you get a court order. It takes about 3 to 4 weeks to process a distress order.

Unsuccessful bidding 

If you are not the successful bidder, you may redeem your bank draft or cashier’s order at the registration counter immediately after the auction.

=======================

Type Of Services :-

  • Representative for Property Auctions.
  • Property Investment
  • Subsale House
  • Home Loan.
  • Legal Agreement.
  • Property Land Search.

Looking for a Property Manager? Our expert team are committed to ensuring maximum returns from your investments.

Falah Abadi Resources (JM0765116-H)
Jalan Titiwangsa 4,Taman Tampoi Indah No.22-01,
Johor BahruJohor 81200
Malaysia
Telephone: +60177695155
Telephone: +6073364471
Home » Auction Area
Home » Latest Auctions
View type:

RM 55,000

Jalan cermai 6, taman kota masai, pasir gudang, johor

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 80,000

Jalan duku 24, taman kota masai, pasir gudang, johor

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 27,000

Block 18, sedc flat, taman air biru, pasir gudang, joho...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 115,000

Jalan tiara 3/4, taman tiara perdana, simpang renggam, ...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 60,000

Jalan molek 2, taman sayong indah, bandar tenggara, joh...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

Jalan Bestari 30_3, Taman Bestari Indah 1

RM 120,000

Jalan bestari 30/3, taman bestari indah 1, ulu tiram, j...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

Jalan Delima 15, Taman Kota Masai

RM 82,000

Jalan delima 15, taman kota masai, pasir gudang, johor

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 140,000

Jalan kenari 22, taman scientex, pasir gudang, johor

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 70,000

Block v, rumah pangsa sri lanang, jalan harmonium, tama...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 135,000

Pangsapuri larkin idaman, jalan larkin utama, taman lar...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 85,000

Block c6, pangsapuri seri mengkuang, taman desa paya me...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 120,000

Block g, jalan seri setanggi, taman seri setanggi, joho...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

Bumi Lot

RM 40,500

No. #05-12, block balau k, jalan balau 17, taman rintin...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 135,000

Jalan sri putri 12/5, taman putri kulai, kulaijaya, joh...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 280,000

Pi 27/6, taman pulai indah, kangkar pulai, johor

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 143,000

Jalan cemara 10, bandar putra, kulai, johor

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 153,900

Th 8, vista seri alam, jalan persiaran seri alam, banda...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 162,000

Block e, pangsapuri dwi mahkota, jalan susur 1/1, jalan...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

Bumi Lot
Jalan Merbuk 13, Bandar Putra

RM 170,000

Jalan merbuk 13, bandar putra, kulai, johor

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 80,000

Block a, rumah pangsa hajah fatimah, jalan riang 19, ta...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

RM 25,000

Block b, jalan sri api-api 2, taman sri api-api, pontia...

Deposit 10% only | for free register : 017-7695155 | 07-3364471 – suhaimi rumah lelong tersebut akan dijual “dalam keadaan sedia ada” dan tertakluk pada […]

View More Ads Active Auctions: 29

SELAMAT DATANG KE LELONG BANK !

Laman web ini diadakan untuk membantu pembeli rumah mencari rumah lelongan awam johor,rumah lelong johor,hartanah lelong oleh bank bank di Malaysia. Semua maklumat disediakan boleh diubahsuai tanpa sebarang notis selanjutnya, sila hubungi kami untuk maklumat serta status terkini.

Penafian: Semua listing lelong adalah betul apabila diterbitkan dan kami tidak bertanggungjawab sekiranya berlaku perubahan dalam masa, syarat-syarat lelongan dan harga rizab.

Like Us