Auctioned properties
http://www.auction2222.com/

how can this be. developer ask auctioneer to auction their units?

Not that much guides online since the agents wants you to use their services.

Loan wise you can always check roughly what’s your loan eligibility based on your salary and credit history wut. There’s no way to check pre approved loan amount for lelong props it’s not like those new launch. As long as you’re eligible for the loan amount the bank is more than happy to approve for lelong props especially if you take from the same bank which is auctioning the property. They really wanna clear the prop.

Apart from DP and lawyer fees etc prepare extra cash to clear off any outstanding arrears (maintenance fees, cukai pintu etc) these arrears can claim back but it’s pay and claim basis from the auctioning bank.

Need to check for kaveat
Alsoo need to approve loann within the given time