Certainty of purchase of your desired property
Buying a property through auction is efficient and transparent. At the auction hall, you will immediately hear all competing bids as you place yours. There is no lengthy negotiation and once your bid is accepted as the winning bid, the property is yours.
Knight Frank conducts a property auction every month. As with other modes of sale, you can request to view the property on auction and the conditions of sale.
Step 1:
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Browse and view property View properties on auction online on our website or the auction listing flipbook.
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Step 2:
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Register to bid on property Register for the property you wish to bid for. Registration generally opens 10 days before the scheduled auction. You must review and agree to the conditions of sale before registering.
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Step 3:
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Property auction On auction day, be present at the auction hall with your cheque for the sales deposit that must be paid when you are the successful bidder. For commercial properties, a separate cheque is required for GST payment to GST-registered vendors.
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Placing the highest bid does not automatically qualify as a successful bid. The auctioneer will refer to the seller before accepting and declaring the winning bid.
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