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Associated with the New Bob Group of Companies, Bob Auctionners is a licensed auctioning firm formed in Penang by Dato' Leslie Lee. We have beeen conducting successful property auctions since 1988. The company is nationally recognized as a leader and innovator in property sales at auctions.

Being part of the fast growing New Bob Group which deals mainly with real estate and property marketing, Bob Auctioneers have benefitted tremendously in promoting auctioned properties. We pride ourselves in offering quality, reliable and thrustworthy auctioning services to our clients with experienced staff to professionally conduct any real estate auction.

 


Our Dato' Leslie Lee is currently the President of Penang Auctioneers' Association

He also serves as our Senior Auctionner in Bob Auctioneers supported by 6 other full time auctioneers and 20 other support staff. In addition, he is the Vice President of the Malaysian Institute of Estate Agents and is the Registered Auctioneer in the High Court. A very active and dedicated person, he is also the former President of the Penang Lawn Tennis Association.

Dato' Leslie Lee is well known in the auctioning industry for having conducted auctions in the Northern Region over the past 15 years.

List of our other Licensed Auctioneers are as follows:
1. Dato' Leslie Lee (Penang)
2. Datin Neoh Guan Eng (Penang)
3. Ms Lee Lay Teng (Penang & Kedah)
4. Dr Lee Ville (Penang)
5. Mr Lee Vince (Penang)
6. Mr Vik Shian a/l Bah Oh (Kedah)
7. Ms Lee Ve Rene (Penang)

The properties we have sold includes apartments, condominiums, houses, developed and undeveloped lots, industrial properties, commercial properties and all other types of immovable properties.

Therefore, whatever category your properties fall under, we have proven track record of our professionalism in the industry that will ease your concern. We conduct an average of over 100 auctions annually.


 


Our commitment and philosophy is to provide high quality and professional services to all our clients. We strive to do the best to fulfill or client's requirement. You can be sure that when something needs to be autioneed, the best choice will always be Bob Auctioneers.

Since the case of PhilleoAllied Bank (Malaysia) Bhd vs Bupinder Singh Avatar Singh & anor on May the 2nd, 2002, the Federal Court, Kuala Lumpur has held that all properties under Assignment can be foreclosed by the Bank without having to apply for a Court Order.

Our main focus for the Property Auction in this current economic situation is to coordinate more Private Auction for the banks to facilitate the demand of Auction.

This would mean if there is is default in repayment of housing loan under Assignment the bank can foreclose the property by appointing licensed auctioneers off the property by way of Private Auction to claim back the outstanding housing loan payment.

 


For conducting a private auction on behalf of you, we will need the following documents:
  • Condition of sale
  • Copies of the valuation report of the property
  • Copies of sale & purchase agreement
  • Copy of the loan agreement cum assignment
  • Reserve price of the property
Once we have received your instruction to auction, Bob Auctioneers will be sure to assist you with every aspect of your auction. We will advise you of the best possible time for your auction. We will then prepare, translate, distribute Proclamation of Sale, liaise with the bank/banks solicitors, take photograph of the property, prepare information/details of the property, advertise the Proclamation of Sale in the newspaper.

We will also assist you with setting up your auction in our own Auctioning Room, creating strategic promotions, entertain enquiries from potential bidders up to the final stage of preparing and stamping the contracts for the successful bidder.

Bob Auctionners are known for their ability to attract prospective bidders. We use direct mails out and strategic distribution of advertising materials which includes flyers, newspaper advertising, and posters.

Our promotion and presentation ability combined with our excellent reputation will assure your properties for auction maximum exposure which is important for every successful auction.


 


For further information or inquireis, kindly contact us at:
Bob Auctionners
Penthouse New Bob Centre
11 Gottlieb Road, 10350 Penang
tel: 04 - 229 1111  •  fax: 04 - 229 7777


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Copyright© 2005 New Bob Group of Companies. All rights reserved. Last updated: 12 December, 2006