*To be sold by Public Auction at The High Court Complex, Kota Kinabalu, Sabah*

The Property: A pieces of land under Title Deed No. CL.055354900 together with any building or structure erected thereon.

Location: Kg. Bawang Jamal, Kudat, Sabah

Tenure: 99 years commencing from 01.01.2012 to 31.12.2110

Size: Approx. 4.837 Hectares (11.95 acres)

>>RESERVE PRICE: RM2,690,010.00
BELOW MARKET VALUE 

The property is to be sold at “as it where is” basis.

All interested bidder are required to register with the Auctioneer prior to the auction sale and submit the following: 

1) A deposit of 10% of the RESERVE PRICE in Bank Draft payable to the AKAUNTAN NEGARA MALAYSIA.
2) Board of Directors’ Resolution and Written Authorisation where the bidder is a company bidding through an authorised person.
3) Written authorization where the bidder is acting as a proxy.

Please contact us for more information.

Mega Auction House

CL Country Lease Title land at Kg. Bawang Jamal Kudat [Auction Sale]

Leasehold

*To be sold by Public Auction via ONLINE BIDDING*

The Property: Lot No.GL-42 (DBKK No.B-G-45), Block B, Ground Level, Riverson Walk, The Riverson, 88100 Kota Kinabalu, Sabah.

Type: A Ground Level Intermediate Retail parcel

Size: Approx. 497 sqft (46.17 sqm)

>>RESERVE PRICE: RM709,200.00

40.9% BELOW MARKET VALUE ~ 6TH AUCTION

The property is to be sold at “as it where is” basis.
Viewing of the subject property is only from the outside.

To register as bidder: 

1) To remit 10% of the RESERVE PRICE as deposit by online transfer to the Auctioneer’s bidder account one (1) day before the auction sale;
2) To register as bidder at https://megaauctionhouse.bidnow.my by uploading the bank transfer slip and bidder’s documents.

Please contact us for more information.

NOTE : Prospective bidders are advised to : (i) inspect the subject property and check on the issuance of separate individual strata title (ii) seek independent legal advice on all matters in connection with the auction sale including the Conditions of Sale and the Online Terms & Conditions herein (iii) conduct an official search on the Parent Title at the relevant Land Office and/or other relevant authorities and (iv) make the necessary enquiries with the relevant authorities as to whether the sale is open to all races or to Malaysian Citizens who are Bumiputra or Malay only and also on the other terms of consent to the sale herein prior to the auction sale. The successful bidder (“the Purchaser”) shall immediately upon the sale undertake to apply for and obtain the consent to transfer (if any) from the Developer and/or the Proprietor and/or State Authorities or relevant bodies.

The Riverson, Ground Floor Intermediate Retail Shop [By Auction Sale]

*To be sold by Public Auction via ONLINE BIDDING*

The Property: Lot No.GL-2 (DBKK No.B-G-5), Block B, Ground Level, Riverson Walk, The Riverson, 88100 Kota Kinabalu, Sabah. (Facing KK Times Square)

Type: A Ground Level Corner Retail parcel

Size: Approx. 625 sqft (58.08 sqm)

RESERVE PRICE: RM886,500.00

40.9% BELOW MARKET VALUE ~ 6TH AUCTION

The property is to be sold at “as it where is” basis.
Viewing of the subject property is only from the outside.

To register as bidder: 

1) To remit 10% of the RESERVE PRICE as deposit by online transfer to the Auctioneer’s bidder account one (1) day before the auction sale;
2) To register as bidder at https://megaauctionhouse.bidnow.my by uploading the bank transfer slip and bidder’s documents.

Please contact us for more information.

NOTE : Prospective bidders are advised to : (i) inspect the subject property and check on the issuance of separate individual strata title (ii) seek independent legal advice on all matters in connection with the auction sale including the Conditions of Sale and the Online Terms & Conditions herein (iii) conduct an official search on the Parent Title at the relevant Land Office and/or other relevant authorities and (iv) make the necessary enquiries with the relevant authorities as to whether the sale is open to all races or to Malaysian Citizens who are Bumiputra or Malay only and also on the other terms of consent to the sale herein prior to the auction sale. The successful bidder (“the Purchaser”) shall immediately upon the sale undertake to apply for and obtain the consent to transfer (if any) from the Developer and/or the Proprietor and/or State Authorities or relevant bodies.

The Riverson, Ground Floor CORNER retail shop [Sale by Auction]

*To be sold by Public Auction via ONLINE BIDDING*

The Property: Unit No. 18-06, Level 18, BAY SUITES, Jalan Istiadat, Off Jalan Tun Fuad Stephens, Teluk Likas, 88400 Kota Kinabalu, Sabah.

Type: A Commercial Suite unit

Size: Approx. 402.57 sqft (37.4 sqm)

RESERVE PRICE: RM291,600.00
*19% BELOW MARKET VALUE ~ 3RD AUCTION

The property is to be sold at “as it where is” basis.
No viewing of the subject property is allowed.

To register as bidder: 

1) To remit 10% of the RESERVE PRICE as deposit by online transfer to the Auctioneer’s bidder account one (1) day before the auction sale;
2) To register as bidder at https://megaauctionhouse.bidnow.my by uploading the bank transfer slip and bidder’s documents.

Please contact us for more information.

NOTE : Prospective bidders are advised to : (i) inspect the subject property and check on the issuance of separate individual strata title (ii) seek independent legal advice on all matters in connection with the auction sale including the Conditions of Sale and the Online Terms & Conditions herein (iii) conduct an official search on the Parent Title at the relevant Land Office and/or other relevant authorities and (iv) make the necessary enquiries with the relevant authorities as to whether the sale is open to all races or to Malaysian Citizens who are Bumiputra or Malay only and also on the other terms of consent to the sale herein prior to the auction sale. The successful bidder (“the Purchaser”) shall immediately upon the sale undertake to apply for and obtain the consent to transfer (if any) from the Developer and/or the Proprietor and/or State Authorities or relevant bodies.

Bay Suites at Level 18 ~ Below Market Value [Auction Sale]

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