Welcome to one of the pioneer auction house in Malaysia. Property Auction House Sdn. Bhd. We have been established since 1989, with a history of providing professional Auto Vehicles and Real Estate auction services throughout Malaysia. Please browse through our updated auction list for more information (updated auction list download).

If you require immediate assistance please feel free to contact us (contact info).

 
 

 

 

 

 

 

 

 

 
 

We conduct banks, high court and land office auctions sales throughout Malaysia. For related information please visit http://auctions.com.my

For automotive auction sales. Please select from available office: Kuala Lumpur, Penang, and Johor to view details.

For general assistance please visit our office nearest to you.(office contact and address)
 
 

List of Cars

available for auctions:

 

  ▼ Select Branch Office:

 

    Penang
    Kuala Lumpur
    Johor

▼Total 216 Lots  
    Available For Auction  
    From Above 3 Offices


  ▼ Make:
   BMW
   CHERY
   CHEVROLET
   HONDA
   HYUNDAI
   INOKOM
   ISUZU
   KIA
   MAZDA
   MERCEDES BENZ
   NAZA
   NISSAN
   PERODUA
   PEUGEOT
   PORSCHE
   PROTON
   SCANIA
   TOYOTA
   VOLKSWAGEN
   VOLVO

 

View Selected Office Cars List :
Penang Kuala Lumpur Johor

CONDTIONS OF SALE
 (CIMB BANK)


1. THIS SALE OF VEHICLES as listed in the Proclamation of Sale is made by PROPERTY AUCTION HOUSE SDN BHD (hereinafter called “the AUCTION HOUSE") as agent for CIMB BANK BERHAD (hereinafter referred to as “CIMB”) is subject to the regulations implied or imposed upon or relating to or affecting the subject vehicle.

2. The vehicle is sold on an “as is where is” basis.

3. All intending bidders are required to deposit with the Auctioneer a sum of RM1,000.00 (Reserve Price below RM100,000.00) and sum of RM5,000.00 (Reserve Price RM100,000.00 and above) and Buyers premium of RM530.00 (inclusive of 6% GST) per vehicle by by Cash, Credit Card (Visa/Master) or Bank Draft in favour of PROPERTY AUCTION HOUSE SDN BHD prior to the auction sale. Any intending bidder who intends to bid on behalf of another person, body corporate or firm is required to deposit with the Auctioneer an authority letter to state that he is acting on behalf of another person, body corporate or firm, prior to the auction sale.

4. Subject to the Reserve Price, the highest bidder, being so allowed by the Auctioneer, shall be the Purchaser and the Auctioneer having the right to refuse any bid. If any dispute shall arise as to the highest bidder, the vehicle shall, at the option of the Auctioneer be put up again for sale and re-sold or the Auctioneer may decide the dispute.

5. No bid shall be less in advance of the last previous bid than a sum to be fixed by the Auctioneer at the time of the sale and no bidding shall be retracted. Should there be any retraction from the bidder before the fall of the hammer, the deposit of RM1,000.00 (Reserve Price below RM100,000.00) and sum of RM5,000.00 (Reserve Price RM100,000.00 and above) shall be forfeited to the Auction House (credited to the account of CIMB) and the vehicles shall at the option of the Auction House be put up for sale again or the Auction House may decide to adjourn the auction sale to another date.

6. Immediately after the fall of the hammer, the deposit pursuant to Clause 3 above shall be treated as payment of deposit and towards part payment of the purchase price and the Purchaser shall sign the Memorandum at the foot of these conditions.

7. In the event that the Purchaser fails to sign the Memorandum, the deposit paid pursuant to Clause 3 herein shall be forfeited by the Auction House (credited to the account of CIMB) and the vehicle shall forthwith be again put up for sale. The deficiency in price (if any), which may result from a re-sale or the purchase money if there is no re-sale as the case may be shall be recoverable from the defaulting Purchaser.

8. The balance of the purchase price shall be paid in full by the Purchaser within five (5) working days from the date of auction sale to the Legal Owner. However, the period of five (5) working days may be extended by the Legal Owner at its absolute discretion upon written request by the Purchaser before expiry date provided if any extension is granted, the Purchaser shall pay the Legal Owner late penalty charge to be determined by the Legal Owner at its absolute discretion on or before the extended expiry date.

9. In default of such payment of the balance of purchase price or late penalty charge for any extension of time which may be granted for the payment of the balance purchase price within the time and in the manner as stipulated in Clause 8 above, the deposit paid pursuant to Clause 3 above shall be forfeited by the Legal Owner and the vehicle may be put up for sale by the Legal Owner at its sole discretion. The cost of such resale together with either the deficiency in price (if any) which may result from a resale or the balance of the purchase price if there is no resale shall be recoverable from the defaulting Purchaser as the case may be.

10. Upon full payment of the balance of the purchase price in accordance with Clause 8 above and late penalty charge (if any) payable in respect of the extension of time granted thereunder, the Legal Owner shall deliver to the Purchaser the duly executed Transfer and the Original Registration Card, if available.

11. Any request for refund of monies paid by the bidders shall be allowed provided a written request is submitted to CIMB Bank Berhad within 30 days from the auction date and further subject to :- (a) Supporting documents (contract note, JPJ search, etc) to be attached, (b) Vehicle failed PUSPAKOM VR-1 inspection while still in the store yard due to floor board cut, all pillars cut, chassis tampered, engine tampered, (c) Model of vehicle and year of manufacture is wrongly declared, (d) Transfer of ownership cannot registered due to Police Bond, JPJ Blacklisted other than traffic summons. (e) Only the auction price will be refunded by CIMB BANK BERHAD. The Auction Premium will be refunded by Auction House. Other cost like repair, spray-painting, towing, etc will not be refunded.

12. NO REFUND SHALL BE ENTERTAINED FOR;- (a) Claim for refund is not submitted within thirty (30) days from the date of auction, (b) Transfer of ownership cannot be registered due to traffic summons and hirer deceased case, (c) Vehicle with VR-1 “LULUS BERSYARAT / GAGAL report which includes pillar cut, engine changed, ex-taxi, parts missing etc irrespective of the vehicle’s condition declared in the auction list or not, (d) The defects were found after the vehicle released out from the store yard even with failed PUSPAKOM VR-1 inspection, (e) Vehicle taken out from the store yard without prior PUSPAKOM VR-1 inspection at our panel store yard. (f) In the event that the transfer cannot be affected due to traffic offences or summons not paid to the relevant authorities, Legal Owner or the Auction House will not entertain nor be responsible for the refund. (g) In the event custom excise is not paid. Note : For every successful bidder, the PUSPAKOM VR-1 inspection must be carried out in the store yard before the vehicle can be released from the store yard.

13. The Purchaser shall admit the identity of the vehicle purchased by him with that comprised in the muniments offered by the Auction House.

14. The vehicle is believed and shall be taken to be correctly described and the Purchaser shall deemed to have full knowledge of the state and conditions of the vehicle and no error, mis-statement or mis-description shall annul the sale nor shall any compensation be allowed in respect thereof.

15. The Purchaser after the payment of the balance of the purchase price in full together with late penalty charge (if any) shall at his own cost and expenses take possession of the vehicle without obligation on the part of the Auction House, the Auctioneer or their respective servants or agents.

16. For the purpose of these conditions the time allowed by the conditions for the payment of the balance of the purchase money (namely 5 working days) shall be deemed to be the essence of the contract.

17. The Purchaser is deemed to have made independent checking and verification as regards to particulars of vehicles with all relevant authorities to his satisfaction and no express representation as regards the accuracy of the particulars of the vehicle is made and the Auction House and the Auctioneer disclaims liability for representations made.

18. The Auction House shall be at liberty to postpone, call-off or adjourn the public auction at any material time without having to provide any reasons or grounds whatsoever.

19. The reserve price display and final bid (selling) price is inclusive of GST 6% for the vehicle subject to GST.







 

 

 


Kuala Lumpur Office:

No. 1-3 (Ground Floor & 1st Floor),

Jalan Ampang 50450 Kuala Lumpur

Tel: 603-2070 2226 / 2078 8590

Fax: 603-207 2957

Email: main@auctions.com.my

Note: For KL auction venue

please refer to the proclaimation of sale.

 

 

 

Penang:

At The Auction Room:

No 15 & 16, 1st Floor, Lebuh Sungai Pinang 5

(Karpal Singh Drive)

Penang, Malaysia.

Tel: 604-282 0525 / 27

Fax: 604-282 0528

Email penang@auctions.com.my

 

 

 

Johor:

At The Auction Room:

No 98, Jalan Wijaya, Century Garden 80250 Johor Bahru, Johor

Tel: 607-333 6226 / 3226

Fax: 607-331 6226

Email: johor@auctions.com.my

 

  BANK TERMS & CONDITIONS  





NEXT AUCTION DATE:

For Kuala Lumpur Office:
6TH DAY OF DECEMBER 2017
[Download PDF List]

For Penang Office:
22ND DAY OF DECEMBER 2017.
[Download PDF List]

For Johore Office:
22ND DAY OF DECEMBER 2017 (Johor)
[Download PDF List]

 


 

RECENTLY SOLD

 
SOLD
Auction Date:

8 /12 /2017
Lot No: S505  
Make: PERODUA  2015
Model: MYVI 1.5
Reg No: WB5303T
Show More Details


 
SOLD
Auction Date:

8 /12 /2017
Lot No: S504  
Make: PERODUA  2005
Model: MYVI 1.3
Reg No: JJH9930
Show More Details


 
SOLD
Auction Date:

8 /12 /2017
Lot No: S303  
Make: HONDA  2006
Model: JAZZ 1.5
Reg No: JKK3240
Show More Details


 
SOLD
Auction Date:

8 /12 /2017
Lot No: S301  
Make: PROTON  2015
Model: SAGA FLX 1.3
Reg No: JQR8206
Show More Details


 
SOLD
Auction Date:

8 /12 /2017
Lot No: S221  
Make: TOYOTA  2016
Model: VIOS 1.5
Reg No: WC4777X
Show More Details


 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

Main Page   |   About Us   |   Contact Us   |   Nationwide Assistance   |   Upcoming Cars Auctions   |  

Upcoming Properties Auctions   |   Download Proclamation of Sales   |   How to Buy   |   General Terms and Conditions

 

 

Property Auction House Sdn. Bhd. (187793-X)

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