Yes you can, just approach any of the auctioneers and inform them off your reserve price.

If you send your property to be a voluntary auction, its not any different than selling it through a real estate agent.

Yes any type of repossession, late payments will have an impact on your ccris score.

Also to note if the bank repossesses the property, auctions it off and in the event it cannot cover the outstanding balance the bank can still pursue you for the balance.

Actually there r few cases with owner's call for auction n auctioneer actually gather buyers for side visit too. Most sold at decent price unlike those auction units thrown out by bank.

They charge a fee of 2-3% + sst depending on the price the owner wanna sell off the prop. Fee is the same as any RE agent so far just tat many tot auction means kantoi so not really popular in malai.

As most wanted to sell at the highest price, have difficulty to set and commit a realistic and yet low enough reserve price to attract bidders. Otherwise, auction is a efficient method.

Auction agent is 2-3% ON TOP of auction fees charged by auctioneer. So it would go up to 4-6%. I stand corrected

If you need money, better refinance it than sell cheaply.

High rise unit?
At which area? Cyberjaya?

3 months cannot tahan already? Why did u buy? Ah yo ...

so fast give up?

I am surprised that Sime Darby prop has a cash back scheme. Cash back scheme (and similar gimmick like guaranteed rental returns) are a red flag. Means that the property is overpriced and/or not popular. Owners have to wait a long time for the market price to catch up to developer selling price. I wish you good luck.