(1) Always READ the Proclamation of Sales (POS) carefully, as it will denote few important details such as :

- to who the earnest money payable to
- terms and condition
- who's should paying the maintenance fees, sinking fund, indah water (IWK), assessment and quit rent and utility bills owed?

(2) Watch out for syndicate
- don't worry about them, just ignore them and make your bid, they are NOT genuine bidder but only be there to "disturb" & jack up the price.

(3) Watch out for timing
- especially for high court cases, always make sure your solicitor can complete the transfer and pay the balance auction price within the prescribed time, usually 90 days or 120 days, if not, your 10% earnest money will be forfeited without questions.

(4) Watch out for caveat
- always do a title search before auction date, find any caveat lodged against the property, identify who is the caveat lodger? Bid with ready cash on hand to full settle the auction price. If you are thinking of getting partly funding from the banks for the third party caveat property, you may unable to complete within prescribed time.

(5) As is where is basis
- No property inspection allowed, you're bid on as is where is basis. Some auction property may be expensive than normal sub sale after repair from the poor condition.

(6) Auction property is always sold without vacant possession
- it simply means that it the property is still occupied by owner or tenanted , you need to give sometime for existing owner or tenant to move out from the premises before you can take over the property.