Real Estate Sales (Foreclosures, Private Auctions, Tender)

auction

Worldwide Properties specializes in Real Estate Auctions. We had sold factories, large estates, commercial assets and residential houses with records over RM10 million up to date. 

FORECLOSURE/PUBILC AUCTION SERVICES

  • Preparing of Proclamation of Sale in Bahasa Malaysia, English, Chinese and Tamil.
  • Posting of the Proclamation of Sale at the relevant premises required under the law such as on the Notice Boards of the High Courts and Land Offices as well as against the particular auction property.
  • Distribution of Proclamation of Sale in the neighbourhood of the auction property.
  • Placing advertisements in at least one issue of the Star newspaper or more upon client’s request.
  • Conducting an official Title search at the relevant Land Offices to ascertain the status of the Land Title, any outstanding quit rent and assessment relating to the auction property. This includes liasing with the Developers, PKNS, DBKL and other relevant authorities prior to the auction sale in order to obtain their consent.
  • Providing photographs of the auction property, preparing the Affidavit of Service as well as preparing the site inspection report of the auction property upon client’s request and upon comment of the Auction Result.
  • Assisting the Solicitors or the Financial Institutions on extractions of the Court Orders for auction purposes and to follow up with the Treasury Department relating to the auction proceeds.

PRIVATE (CONFIDENTIAL) AUCTIONS SERVICES

  • Preparation of Auction Documents 
  • Designing of Flyers, EOI Documents, Auction Catalogues with High Professional Standards
  • Targeted selected Purchasers and Bidders
  • Execution of Auctions either through Private or Public Auctions as per requested
  • Advertising and mass promotional campaigns
  • Updating, reporting and execution of Private Auction Sales

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