Atlantis Residences (Pangsapuri Atlantis Kota Syahbandar), Taman Kota Syahbandar, Melaka City

======== AUCTION PROPERTY ========


BANK LELONG !! Best auction unit in Kota Syahbandar !!


-High rental return
-Below Market Value
-Attractive low price
-Good for investment purpose or own occupy


For more details or enquiry,pls call Adrian 0***** .


##Reserve Price : RM 234,000

##Auction Date : 06/02/2024

##Address : Blk B, 13th flr, Atlantis Residence, Kota Syahbandar, Jln KSB 11A, Melaka



----------** FREE REGISTRATION **----------


** Please Register Before 05/02/2024 **


For registration, please kindly sms/whatapps/email below particulars :
-Full name as per I/C (name of person in the contract)
-IC no
-Correspondence address


*(please call me ask for full address, before decide to bid for this property,please do a simple survey,check the property outlook condition/facing direction/vacant or occupied)*


##For auction property, sorry for no viewing arrangement to view property interior/inside,as we are not authorized with recommend view outlook only,tq.

##The property will be sold on an “as is where is” basis.

##For bidder/Investor who interested for this auction, pls feel free to contact me for details/registration.

**Consultation : pls call Adrian


Please feel free to call if you have any property(s) going to sell



***we shall not be responsible in any way in the event that the auction is cancel or call off by assignee bank***


======== Auction Guidelines ========


IDENTIFY

Identify your desired property and take note of relevant information according to your preferred location and budget.

INSPECT

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

INDEPENDENT RESEARCH

Make general enquiries with the developer or management office. Seek independent legal advice on the property.

REGISTRATION

Call the Real Estate Negotiator/Agent to get additional information about the property.
Register your interest with Real Estate Negotiator/Agent prior to the auction.

PREPARATION

Take note of the auction time, date and venue. Prepare a bank draft or cashier’s order for the deposit amount equivalent to 10% of the Reserved Price before the auction date. Also, prepare additional fund or bank draft 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.

BIDDING PROCEDURE

At the conclusion of the announcement and question period, the auctioneer will solicit bids for the property. Bids are generally made either orally, raising of a hand or raising of a paddle. By bidding you will acknowledge the acceptance of terms and condition of sale whether present during the actual announcement or not. Bidding increments are made in amounts to be determine by the auctioneer, who may set a minimum bid at an auction. The Terms and Conditions of Sale and order of the bidding will be announced prior to the Auction.

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.

UNSUCESSFUL 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.



======== AUCTION NOTES ========

1. Read and fully understand all the Terms and Conditions of auction Sale
2. Verify the postal address of property with the relevant authorities and/or the Developer
3. Seek legal advice on the Terms and Conditions of auction sale
4. The property is sold on “ as is where is” basis
5. Always check the specific amount requested and the Bank Drafts/Banker’s Cheque are correctly payable.
6. Unprepared and unattentiveness during call bids at the auction sale will make you lose a probable opportunity.
7. Certainly do not bring personal or company cheques as Auction deposits.
8. To be present earlier to avoid dissappointment.



======== NECESSARY DOCUMENTS FOR BIDDING ========

For an individual bidder:-

-A original/photocopy NRIC card (both sides)
-Bank Draft or Cashier's order


For a Corporation:-

-Certified true copy of the Company’s Memorandum and Articles of Association.
-Form 24 and 49
-Board of Directors’ Resolution


Regards
Adrian Oon
Probationary Estate Agent
PEA 1588