Many types of property, whether residential, HDB, commercial or industrial, may be put on sale by auction.
There are various reasons why a owner/owners of a property may put up their property for auction.

1. The owner voluntarily chooses to sell his/her property at an auction to transact quickly and save time on lengthy negotiations.
2. As property auction is a transparent process, owner is able to gauge the level of interest prior to the auction.
3. There is usually a high level of interest and publicity in property auctions.