Wah.. you are really terror to come out with this idea..

But first you need to guess which unit will be hot in bidding.

If not hot one very risky. Why one need to offer you 5k for not bidding? Some more after you place bid, others might not follow and you are forced to buy that auction unit already...

This post has been edited by samkps: Apr 6 2018, 02:18 PM

The person really desperate want to have the unit and don't mind to pay 35k to get the unit instead of bidding I presume? Else for the hot unit might bid more than 35k? Not like this one huh?

So mostly the offer will be for those unit with 2-3 bidders only?

Then this can become the business opportunity already.. One should just register to all units and don't bid, wait for offer. If no offer, just lose the money buying the banker cheques. If got offer, then huat liao loh.. One month got 3-4 offers also good loh..

This post has been edited by samkps: Apr 6 2018, 02:32 PM

Then you need to guess which unit have desperate buyer with few bidders already...

Is there any rule saying cannot register for all units? Important I believe if the person can have enough cash to buy the banker cheques for all units.

Actually it is good for the prospective purchasers, willing giver and willing bidder, why spoil market? The previous owner and bank might feel sad lah, because the lelong units nobody bidding..

This post has been edited by samkps: Apr 6 2018, 02:57 PM