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Terms and Conditions


The subject property will be sold on "as is where is" basis subject to:

  • the respective reserved price as mentioned.
  • the Conditions of Sale and by way of an assignment from the Assignee/the Lender or Charge.
  • the consent being obtained by the purchaser from the developer and/or the relevant authorities (if any).
  • all the costs and expenses in obtaining the consent shall be borne solely by the successful bidder(s)/purchaser(s).


Note:

The listings shown herein are solely for general identification. OCBC makes no representation or warranty as to their accuracy, correctness and completeness (in the context of its purpose) or the actual condition of the property contained in this web site. All information are provided strictly ‘as is’, and ‘as available’ and is so provided for your information and reference only. All prospective bidder(s) should note that any properties listed as available for auction sale herein may at any time be withdrawn from the auction sale without any prior notice for whatsoever reason and neither OCBC, the Assignee nor our agents shall incur any liability whatsoever to prospective bidder(s) by reason of such withdrawal.

In the event that the sale is being set aside for any reasons whatsoever by the Assignee or/by Order of Court or consent not being obtained from the developer and/or the relevant authorities (if any), the sale becomes null and void and be of no further force and effect and the Assignee shall refund such sums of monies paid towards the purchase price free from any interest and the successful bidder(s)/purchaser(s) shall not be entitled to make any claim and/or demand whatsoever against OCBC, the Assignee or any other party on account thereof.

In the event of any inconsistency or conflict between the terms and conditions on this website and the Proclamation of Sale, the terms in the Proclamation of Sale shall prevail.

OCBC Bank (Malaysia) Berhad

OCBC Bank (Malaysia) Berhad (“OCBC”) hereby disclaim any liability for any loss or damage (including without limitation, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties) howsoever arising whether in contract, tort, negligence or otherwise in connection with the information, materials, products or services provided or offered by any developers/ third parties (hereinafter collectively, known as the “external parties”) on this web site.  OCBC does not warrant the accuracy, availability, correctness and completeness (in the context of its purpose) of the information and materials contained in this web site, all information and materials including those on services, products, financial information, data, text or other items are provided strictly ‘as is’, and ‘as available’ and is so provided for your information and reference only.  The information and materials provided by external parties have not been independently verified by OCBC and you are advised to make your own enquiries and verification.  OCBC does not endorse or recommend any products or services offered, or represent or verify any information given, by such external party nor is OCBC liable for any errors or omissions in such information and materials provided by external parties on this web site.  OCBC is not in any way acting as agent, representative, servant or otherwise in respect of any sale, disposal and / or acquisitions of any of the properties provided herein and nothing contained herein shall be construed as a joint venture or partnership between OCBC and the external parties sited on this web site.

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