Rumah Lelong | Bank Lelong | Jual Rumah - Malaysia Property Auction Forum

PUBLIC AUCTION

Is a sale of property where a group of buyers come together to bid and make a purchase through the highest bidder. This is conducted by a licensed auctioneer appointed by Courts, Land Offices or Banks.

An Auction happens when a borrower can no longer make repayments for the loan he has taken from the bank to purchase a property or no longer wishes to own the property anymore.

no longer wishes to own the property ?

ni maksud dia, dia lelongkan property tu sendiri ?

bukan itu private auction, bukan public auction ?

agak confuse sedikit kat sini..