Bidding Guide

STEP 1 - REGISTER FOR 1ST TIME USER ONLY

(For Bidders who have registered as a user before can directly start with Step 2)

Go to www.leongauctioneer.com

    i) Select “Free Sign Up”

    ii) Register as a User (1 time only)

    iii) Check your Email at Inbox or Spam and click Link to activate.

STEP 2 - REGISTER FOR ONLINE BIDDING

Go to www.leongauctioneer.com

    i) Select “Main Page”

    ii) Choose Bank & Auction Date & Click on Bank's Name below arrow.

    iii) Choose property & Select “Register Online”

    iv) Fill-up Online Bidding Form

    v) Upload relevant documents:

For Individual/Joint Online Bidders:

    a) Copies of Nric.(both sides),

    b) Evidence of deposit payment method.

For Agent acting for Individual/Joint Online Bidders:

    a) Copies of Individual/Joint Online Bidder’s Nric.(both sides),

    b) Copies of Agent’s Nric.(both sides),

    c) Copy of authorize Bidding Letter,

    d) Evidence of deposit payment method.

For Company:

    a) Copy of the Authorize Online Bidder Nric.(both sides),

    b) An authorize Bidding Letter with the Company’s Letter Head,

    c) Form 24; Form 44; Form 49 (or its equivalent forms under the Companies Act 2016);

    d) Certified true copy of the company’s Memorandum and Articles of Association (M&A),

    e) Board of Director’s Resolution,

    f) Evidence of deposit payment method

NOTE : Interested Online E-Bidders must deposit 10% of the reserve price via Online Bank

Transfer to Leong Auctioneer Sdn Bhd latest by 12 noon at least three (3) working

days before the auction date.

    vii) Click “Next”

    viii) Select “Agreed and Submit”

    ix) Your registration shall be acknowledged by us via Email.

    x) If you do not receive our Email within 30 minutes, please contact Tel: 03-7958 3795(9.00am –               6.00pm)

    xi) For Online E-Bidders, approval from the Auctioneer may take at least one (1) working day from 

       the date of registration.

    xii) Online E-Bidders will receive a secured hyperlink via E-mail/SMS upon the 10% deposit being                   cleared by the bank.

STEP 3 - TO BID ONLINE ON AUCTION DAY

NOTE : Registered Online E-Bidders are advised to log-in to our Website at least 15 minutes before

schedule auction time.

Go to www.leongauctioneer.com.

    (i) Select “Login For Online Bidding”.

    (ii) Select  “ Enter Auction”.

   (iii) Click Auction Date

   (iv) Confirmed address and reseve price for property you have registered.

    (v) Upon approval, Select “ Auction Room”.

    (vi) Wait for your turn to bid online for your registered property lot.

    (vii) Auction shall commence after the count down 5,4,3,2,1 and the timer shall starts counting                      downwards from 30 seconds.

    (viii) Online E-Bidding may be done via a computer, smart phone or any device with internet                           connection.

    (ix) Online E-Bidders can enter their bid by pressing either “BID button” (if applicable) or the bidding              amount stated buttons e.g. “RM1,000.00”/ “RM3,000.00” / “RM5,000.00”.

    (x) The highest bid shall flash for 3 times “First Calling”, “Second Calling” and “Last Calling”.

    (xi) Bidding shall be concluded at the expiry of 20 seconds after the last bid.

    (xii) The highest bidder shall be declared the successful purchaser upon the fall of the Auctioneer’s                   hammer.

    (xiii) Unsuccessful Online E-Bidders shall have their deposit refunded within two (2) working days after              the date of auction.

STEP 4 - AFTER SUCCESSFUL ONLINE AUCTION FOR ONLINE E-BIDDERS

    (i) Go to the Auctioneer office within 3 working days from the date of auction.

    (ii) Sign the “Memorandum of Contract” and pay the 10% differential sum between the successful bid             price and the initial deposit within 3 working days from the date of auction.

    (iii) Apply for Bank Loan and settled the Balance Purchaser price within 90 days from the date of auction          sale.


For further enquiries or assistance, you may email us at leongauc@gmail.com or contact our Online Assistance Team at Tel. 03-795 83 795 (4 Hunting Lines) Monday – Friday (9.00am – 6.00pm)