Online bidding for property auctions will be made available soon: Chief Justice

Posted on: 2017-07-27



KUANTAN: The newly launched online property auction platform e-Lelong for court auctions will improve transparency and the effectiveness of the existing bidding process.

Chief Justice Tan Sri Md Raus Sharif said through the new system, details of the bidders will not be revealed and the bidders will no longer be required to be present at court to make their bids.

He said the current manual process deployed at the 15 High Courts in Peninsular Malaysia required a lot of manpower and the process was complicated, necessitating long hours.

“The pilot project at the Kuantan court complex is to test the system and if it encounters any glitches. Once everything runs smoothly, then the system will be expanded to other states in Peninsular Malaysia.

“Bidders can now register online and once their name is approved by the deputy registrar in charge at the e-Lelong operation centre, then the bidder will have access to details on court auctions of immovable properties,” he told reporters after launching the e-Lelong system at the Kuantan court complex today.


Share:

Source From: NST

Other News & Articles


Home Buying For Newlyweds

Newly married couples usually dream of purchasing a home together. In fact, buying a home may often be a first-time experience for both husband and wife and one of the most expensive purchases a new couple will ever make....

Posted on: 2021-09-02

Rakyat Malaysia Ubah Suai Kediaman Penuhi Keperluan Bekerja

Banyak pihak menyedari kepentingan memiliki ruang peribadi sendiri, terutama bagi mereka yang bekerja secara jarak jauh...

Posted on: 2021-09-02

Permintaan Hartanah Sekunder Semakin Meningkat

Nilai permohonan pinjaman perumahan meningkat 86 peratus dari Januari hingga Jun tahun ini...

Posted on: 2021-09-02