Klang, RM 891,000

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Description

AUCTION PROPERTY / BANK LELONG - BELOW MARKET VALUE.

*Free Registration*. 5 or 10% deposit of the fixed reserve price is required.

There is no inside viewing of auction properties. Property is sold 'as is where is' basis. Prospective bidders are to do a self survey from outside.

Please Contact Murphy Leong at 019-2827598 if you wish to register to bid for the auction property.

Note: All prospective bidders should note that auction properties may at any time be withdrawn from the auction sale without any prior notice for any reason by the bank.

Note: A person who has not reached the age of 18 or Bankrupt shall not be permitted to participate for the auction bidding.

What do you need to prepare/bring on Auction Day?
For Individual Buyers:
1.A bankdraft/cashier's order equivalent to 5% or 10% of the fixed reserve price payable to respective bank, as stated in Proclamation of Sale
(POS)
2.Bidder's Identification card (I/C) together with a photocopy of I/C (both sides)
3.An authorisation letter (if you are bidding for someone's behalf)
4.Additional funds to pay difference between reserve price and successful bid price. (5% or 10% of the successful/additional bid price)

For Corporate buyers:
1.Company M&A (Certified true copy by Company Secretary)
2.Form 24 (Certified true copy by Company Secretary)
3.Form 49 (Certified true copy by Company Secretary)
4.Letter of authorization (with Letterhead and Company Stamp, signed by all Directors)
5.Photocopy I/C of Directors
6.Identification card (I/C) together with photocopies of I/C (both sides) of person being authorised to bid for verification
7.A bankdraft/cashier's order equivalent to 5% or 10% of the fixed reserve price in favour of respective bank
8.Additional funds to pay the difference between the deposit paid upon registration. (5% or 10% of the successful/additional bid price)

Property Details

• Auction Property
• QuikPro No:UP1303567
• Auction Date:19/02/2012
• Property Type:Shop-Office
• Tenure:Freehold 
• Title Type:Individual
• Built-Up:1,600 sq. ft.
• Reserved PriceRM 891,000
• Posted Date:24/12/2011
• Facilities:Covered Parking, Mini Market, 24hr Security

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