LOCATION AND DESCRIPTION OF THE PROPERTY The subject property is a two (2) bedroom service apartment unit bearing postal address of #08-08, Block B, Pangsapuri Xxxxx Xxxxxx, Jalan Xxxxxx, 80350 Johor Bahru, Johor Darul Takzim. RESERVE PRICE: The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM333,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND THIRTY THREE THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank 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. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of UOBM for XXXXX XXX SHENG on the day of auction sale. 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 (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx.
