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 Auction properties

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beleebala
post Aug 14 2018, 02:39 PM

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Can foreigner buy KL condos by auction? I know that it is not allow at Selengor.
beleebala
post Apr 16 2020, 11:40 AM

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Hi, is it correct that foreigners cannot buy properties at auctions? Thanks.

This post has been edited by beleebala: Apr 16 2020, 11:41 AM
beleebala
post Apr 17 2020, 10:49 PM

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QUOTE(AskarPerang @ Apr 16 2020, 11:02 AM)
They can buy from auction market.
Last time got a case before. Property reserve price 900k. Only 1 bidder. But the bidder request to bid up the price to 1M instead. Since he is a foreigner. To qualify him to buy.
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Thanks. I got mixed info about this on the internet.
beleebala
post Jun 16 2020, 01:48 AM

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QUOTE(AskarPerang @ Jun 11 2020, 11:32 AM)
The defaulter is the owner of the property up until DOA is done 100% completely by the buyer.
So, that is why most defaulter can still happily stay inside the house.
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Sorry, what is DOA?

 

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