a Public Auction Is The Sale Of Goods Or Property To The Highest Bidder. Auctions Are A Common And Acc" />
Bank Lelong 银行拍卖 Auction Property
 Posted By William Lim | Dec 14, 2010

a Public Auction Is The Sale Of Goods Or Property To The Highest Bidder. Auctions Are A Common And Accepted Way For Banks And Other Financial Institutions To Sell Properties Secured To Them When Their Borrowers Default In The Repayment Of Their Loans.

intended Bidder Should First  register With Us 2-3 Days Before Auction Date And Then Request For Relevant Information (proclamation Of Sale & Concition Of Sale) About The Auction Property.  contact  william   017- 331 5851

intending Purchaser Who Posses A Bank Draft/banker’s Cheque Be Equal To 10% Or 5% (depends On Bank’s Requirement) Of The Reserve Price Is Qualified To Become A Bidder. Qualified Bidder May Delegate Another To Act As An Agent Or Representative In His Behalf. The Delegate Is Required To Submit A Letter Of Authority And Nric Card Photocopy Of The Intending Purchaser .  extra Fund As Additional Deposit  to Subsidize If There Is Man Increment Of The Reserve Price.


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