News about auction

  The number of homes that went under the hammer has been rising over the last few quarters, reflecting the overall property market slowdown.

Looking for bargain properties? Some people may consider looking at properties that are being auctioned off.

PETALING JAYA (May 30): Looks like more property owners are losing their holding power as 1Q2017 has seen a rise in the number of residential properties put up for auction in the country.

IN 1Q2017, of eight properties sold under the hammer, four were landed homes, according to JLL in a release on April 3.

PETALING JAYA (March 30): The launch of the online property auction platform e-Lelong for court auctions will be “realised very soon”, according to the Registrar of the High Court of Malaya Sabariah Othman.

THE total value of land plots put up for auction in the first nine months of 2016 (9M2016) has almost doubled from the total value recorded during the same period last year, according to data compiled by online auction house AuctionGuru.

The proposed implementation of eLelong by the Chief Registrar’s Office of the Federal Court of Malaysia (CRO) is aimed at mitigating issues surrounding the property auction process, particularly when it comes to syndicates.

THE Malaysian property auction market saw 12,336 properties worth about RM4.

PETALING JAYA (Aug 24): The Malaysian property auction market saw 6,274 properties worth about RM2.

PROPERTY auctioneers have noticed recently that more high-end properties (above RM1 million) are coming up for auction in the country, observes Property Auction House Sdn Bhd executive director Danny Loh.