RESERVE PRICE Clause Samples

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM180,000.00 (RINGGIT MALAYSIA ONE HUNDRED EIGHTY THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the approval being obtained by the Purchaser from the relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authorities. Subject to the terms and conditions stated in the Conditions of Sale, any arrears of quit rent, assessments, service/maintenance charges and any other outgoings which may be lawfully due to the Developer or the relevant authorities up to the date of successful sale of the subject property shall be paid out of the purchase money. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful Purchaser. For online bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the same. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order only in favour of HSBC BANK MALAYSIA BERHAD prior to the auction sale or remit the same through online banking transfer, one (1) working day before auction date and the balance of the purchase money shall be paid by the Purchaser within ninety (90) days from the date of auction sale to HSBC BANK MALAYSIA BERHAD, failing which the deposit shall be forfeited by the Assignee/Bank at its absolute discretion. FOR FURTHER PARTICULARS, please contact M/S. K. Y. SIM & CO., of ▇▇. ▇▇, ▇▇▇▇▇ ▇▇ ▇▇/▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇. [Ref No: E/L/HSBC/3137/22, Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇, Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇] Solicitors for the Assignee/Bank herein or the undermentioned Auctioneer. Suite C-20-3A, Level 20, Block C, Megan Avenue II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur. (Licensed Auctioneers) Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: ALIN/HSBC0395/KYS(3) Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Dalam menjalankan ▇▇▇ ▇▇▇ kuasa ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Bank di bawah Perjanjian Kemudahan, Suratikatan Penyerahhak (Pihak Pertama) ▇▇▇ Surat Kuasa Wakil kesemuanya bertarikh 28hb Julai, 2011 (selepas ini dirujuk sebagai ‘Dokumen Sekuriti’) di antara Pihak Pemegang Serahhak/Bank ▇▇▇...

RESERVE PRICE. The subject property will be sold subject to a reserve price of RM330,000.00 (RINGGIT MALAYSIA THREE HUNDRED THIRTY THOUSAND ONLY) and the Conditions of Sale and subject to the consent (if applicable) being obtained by the purchaser from the Developer/Proprietor and other relevant authorities. Online bidders are further subject to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇

RESERVE PRICE. The subject property will be sold on an “as is where is” basis and subject to a reserve price of RM510,000.00 (RINGGIT MALAYSIA FIVE HUNDRED AND TEN THOUSAND ONLY), to the Conditions Of Sale herein and by way of an Assignment from the Assignee subject to the necessary confirmations/consent being obtained by the Purchaser from the Developer and/or Proprietor and/or State Authorities and/or relevant bodies (if any).

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM432,000.00 (RINGGIT MALAYSIA FOUR HUNDRED AND THIRTY TWO THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. Online bidders are further subject to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or ▇▇▇▇▇▇▇’s Order in favour of UOBM for ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ or remit the same through online banking transfer, one (1) working day before auction date. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (▇▇▇▇▇▇). For online bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ on the manner of payment of the deposit. FOR FURTHER PARTICULARS, please contact M/S ▇▇▇ ▇▇▇▇▇▇▇ & Partners, of 27th Floor, Menara KH, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. (Ref No.: KW/298-015/2023/UOB/AQB, Tel No.: ▇▇-▇▇▇▇▇▇▇▇, Fax No.: ▇▇-▇▇▇▇▇▇▇▇) the Assignee herein or the undermentioned Auctioneer. Suite C-20-3A, Level 20, Block C, Megan Avenue II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur (Licensed Auctioneers) Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: UMI/UOB0609/NHP(2) Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Dalam menjalankan ▇▇▇ ▇▇▇ kuasa ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Bank dibawah Perjanjian Pinjaman ▇▇▇ Surat Kuasa Wakil kedua-duanya bertarikh 08hb November, 2016 diantara Pihak Penyerahhak, Pihak Pelanggan ▇▇▇ Pihak Pemegang Serahhak/Bank yang diperbuat dalam perkara diatas, adal...

RESERVE PRICE. The property will be sold subject to a reserve price of RM280,000.00 (RINGGIT MALAYSIA: TWO HUNDRED EIGHTY THOUSAND ONLY) and the Conditions of Sale and subject to the consent (if applicable) being obtained by the purchaser from the Developer/Proprietor and other relevant authorities. Online bidders are further subject to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.

RESERVE PRICE. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM310,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND TEN THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and/or other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Apportionment on any arrears of quit rent, assessment rate and maintenance charges ONLY which is lawfully due i.e. which is unpaid for up to a maximum 6 years proceeding the successful auction date in respect of the property up to the date of sale shall be paid by the Bank upon receipt of full auction proceeds and any such sums due and payable after the date of sale shall be borne by the purchaser. Successful Bidder is urge to submit their claim to the Bank within sixty (60) days from the date of payment of balance purchase money (or any extended period allowed by the Bank); any subsequent claims made thereunder will not be entertained by the Bank and the same shall be borne by the Purchaser solely. The Assignee/Lender shall not be liable to make payment or to deduct from the proceeds of sale any outstanding utilities/bills relating to the property namely water, electricity, telephone, gas or sewerage charges, administration charges and other utilities. All other fees, costs and charges relating to the transfer and assignment of the property including any revival cost for abandoned project (if any) shall also be borne solely by the successful Purchaser. Intending Purchaser shall make his own inquiries in respect thereof and the Purchaser shall be deemed to have full knowledge of the same. All intending bidders are required to deposit ten per centum (10%) of the Reserve Price or any sum exceeding 10% of the purchase price or a minimum of RM2,500.00 whichever is higher (“the Bidding Deposit”) for the said property by bank draft only in favour of AFFIN BANK BERHAD on the day of auction sale and the balance of the purchase money shall be paid by the Purchaser within ninety (90) days from the date of auction sale to AFFIN BANK BERHAD. For online bidders please refer to the Terms & Conditions on ▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇ on the manner of payment of the deposit.

RESERVE PRICE. The property will be sold on “as is where is basis” subject to a reserve price of RM 320,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND TWENTY THOUSAND ONLY) and to the Conditions of Sale by way of an Assignment from the above Assignee and subject to the consent being obtained from the Developer and other relevant authorities, if any and all expenses incurred in obtaining the said consent shall be borne by the Purchaser. Online bidders are further subject to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇

RESERVE PRICE. The property will be sold on an “as is where is basis” and subject to a reserve price of RM103,000.00 (RINGGIT MALAYSIA: ONE HUNDRED AND THREE THOUSAND ONLY) and the Conditions of Sale and subject to the Consent being obtained by the Purchaser from the Developer and other relevant authorities, if any. All intending bidders are required to deposit with the Auctioneer, prior to the auction sale 10% of the reserve price by BANK DRAFT only in favour of BANK KERJASAMA RAKYAT MALAYSIA BERHAD and the balance of the purchase money to be settled within Ninety (90) Days. For online bidders please refer to the Terms and Conditions and manner of payment of the deposit at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Note: Particular of the property was based on Valuation report and facility agreements which to the best of our knowledge is true. However bidder should conduct an official search on the parent title of the subject property at the land office and/or other relevant authorities and not takes the particular as conclusive. The contract shall not become null and void if there are any discrepancies of the particular of the property. For further particulars, please apply to Messrs. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ & Zaid, Solicitors for the Assignee/Bank at Unit 01-26 & 01-27, Maxim Citylights Sentul, ▇▇. ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. (Ref No : YAZ.2.4.5060.23) Tel No: ▇▇-▇▇▇▇ ▇▇▇▇, Fax No: ▇▇-▇▇▇▇▇▇▇▇ or the under mentioned Auctioneer:- Suite B-15-03, 15th Floor, Block B, Megan Avenue 2, (Licensed Auctioneer) ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur. TEL NO: ▇▇-▇▇▇▇▇▇▇ H/P NO: ▇▇▇-▇▇▇▇▇▇▇/▇▇▇-▇▇▇▇▇▇▇ FAX NO: ▇▇-▇▇▇▇▇▇▇ E-mail: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Our Ref: EZ/LACA/BKRMB/422/2022/Nad ANTARA BANK KERJASAMA RAKYAT MALAYSIA BERHAD PIHAK PEMEGANG SERAHHAK/BANK ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ (NO. K/P: 720229-01-5477/A2105030) ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ (NO. K/P: 771119-10-5340/A3685504) PIHAK PENYERAHHAK/PELANGGAN-PELANGGAN Menurut kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serah ▇▇▇ ▇▇▇ dibawah Perjanjian Jualan Hartanah, Perjanjian Belian Hartanah ▇▇▇ Surat Ikatan Penyerahakkan (Secara Sekuriti) Kesemuanya Bertarikh 11hb Mei 2005 diantara Pihak Penyerahhak/Pihak Pelanggan- Pelanggan ▇▇▇ Pihak Pemegang Serahhak/Bank adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak dengan dibantu oleh Pelelong yang tersebut dibawah ini akan menjual secara :-

RESERVE PRICE. The property will be sold on an “as is where is basis” and subject to a reserve price of RM360,000.00 (RINGGIT MALAYSIA: THREE HUNDRED AND SIXTY THOUSAND ONLY) and the Conditions of Sale and subject to the Consent being obtained by the Purchaser from the Developer and other relevant authorities, if any. All intending bidders are required to deposit with the Auctioneer, prior to the auction sale 10% of the reserve price by BANK DRAFT only in favour of BANK KERJASAMA RAKYAT MALAYSIA BERHAD and the balance of the purchase money to be settled within Ninety (90) Days. For online bidders please refer to the Terms and Conditions and manner of payment of the deposit at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Note: Particular of the property was based on Valuation report and facility agreements which to the best of our knowledge is true. However bidder should conduct an official search on the parent title of the subject property at the land office and/or other relevant authorities and not takes the particular as conclusive. The contract shall not become null and void if there are any discrepancies of the particular of the property. For further particulars, please apply to Messrs Yusfarizal, ▇▇▇▇ & Zaid Solicitors for the Assignee/Bank at Unit ▇▇ ▇-▇-▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Commercial Centre, Off ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. (Ref No. YAZ.2.4(4).455.17(M)) Tel No: ▇▇-▇▇▇▇▇▇▇▇/▇▇-▇▇▇▇▇▇▇▇, Fax No. ▇▇-▇▇▇▇▇▇▇▇, or the under mentioned Auctioneer:- Suite B-15-03, 15th Floor, Block B, Megan Avenue 2 (Licensed Auctioneer) ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur. TEL NO: ▇▇-▇▇▇▇▇▇▇ H/P NO: ▇▇▇-▇▇▇▇▇▇▇/▇▇▇-▇▇▇▇▇▇▇ FAX NO: ▇▇-▇▇▇▇▇▇▇ E-mail: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ Web site : ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Our Ref: EZ/LACA/BKRMB/131/2021/MNS/mas BANK KERJASAMA RAKYAT MALAYSIA BERHAD PIHAK PEMEGANG SERAHHAK/BANK ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ BIN ABDULLAH PIHAK PENYERAHHAK/PELANGGAN (NRIC NO: 610910-08-5671/6297211) Menurut kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serah ▇▇▇ ▇▇▇ dibawah Surat Ikatan Penyerahakkan (Secara Sekuriti) Bertarikh 13hb April, 2015 diantara Pihak Penyerahhak/Pihak Pelanggan ▇▇▇ Pihak Pemegang Serahhak/Bank adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak dengan dibantu oleh Pelelong yang tersebut dibawah ini akan menjual secara :-