Below Market 37% | The Ocean View, Karpal Singh, Sungai Pinang, Jelutong, Georgetown

Auction Property Address :
5-X-XX, Block 5, The Ocean View, Lebuh Sungai Pinang 1, Georgetown

* Auction date : 22nd January 2020

* Built up : 872sf

* 3 bedrooms 2 bathrooms

* Level x of 11 storey apartment

* Leasehold

* Reserve Price : RM313,470 [Below Market 37%]

* Transacted Price : RM495,000

* Registration is FREE

* Full name, IC No, Address are required for registration purpose

Auction Procedure :
* Please take note that there is no inside viewing if auction properties
* Bidders are advised to do a self survey from outside
* Property is sold on a as is where is basis

Step by step guide for buying auction properties :
1) Inspect the auction property with the full address given. You may only view from outside
2) If you decide to bid for it, please provide full name, IC no and address for registration purpose
3) Obtain a copy of Proclamation of Sales and conduct land search on the subject property
4) Prepare deposit which is 10% of reserve price. Set a maximum budget for the bid
5) Representative needs to fill in a separate form
6) Attend the auction and participate in bid
7) For successful bidder, additional funds need to be paid to top up the difference between the earlier deposit and the 10% of the successful purchase price
8) For unsuccessful bidder, bank draft will be returned on the spot
9) Financing can be arranged after the bid

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Kindly call for more details :

Calvin Chew 0176366862

Michele Lum 0128852388
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