Selling my property at an auction

Sellers Guide to Auction

Is auction the right choice for me?

more leads and competitive

An auction process tends to generate more leads and in turn leads to more interest and competitive bidding on the auction day.

auction contract is unconditional

Once your property is knocked down, there will be no further negotiation from any further negotiation from any buyer. On completion date, you will receive the full amount from the sale.

Open Competition

Selling a property at auction is transparent, fast, cost effective. The property is sold to the party that is willing to pay most at the auction event.

the Right Pricing of your property

The reserve price is the minimum price which we can sell the property for. We can advice and recommend you on the reserve price to generate competition and optimal price for your property.

Auction Seller Guide

Welcome to the auction guide for sellers who may want to consider selling their property in a property auction.

A property auction is a manner of selling property by bids, usually to the highest bidder through open & public competition. Property auction is not new and is a mode of sale increasingly preferred across property types and industries.

A Reserve Price is pre set by the Vendor with our guidance. It is kept confidential at all times .

Property auctions are subject to the Singapore Law Society’s Conditions of Sale 1999 and 2012, and the Special Conditions of Sale given for each property.

How can potential sellers benefit from auctions?

Transparency amongst all parties

Maximum Visibility & Exposure
Print Advertising: Newspaper Classifieds, Direct Mailers

Digital Advertising: Dedicated Auctions App, Dedicated Facebook Page, Website

Personal Contacts: Leveraging on our team’s extensive network of buyers to generate maximum interest pre auction

Conditions of sale e.g. deposits, completion date, vacant or with tenancy, no cooling off period etc. are pre determined by the seller before the auction
takes place

Buyers do not get the opportunity to negotiate on these terms

Sense of Urgency
Competitive bidding takes place within a limited timeframe ensuring that sellers get the highest price possible on their property

Speed of Sale
Quick disposal reduces long term carrying costs e.g. taxes and maintenance, commonly associated with other less efficient forms of sale

Pre-Auction Procedure


auction proposal


Condition of sale



Frequently asked questions

  • Auction and private treaty transactions on all types of properties

  • Consultation and advisory on the reserve price of properties

  • Undertake the marketing of properties on behalf of vendors

  • Analysing the property market, property trends and prices of comparable properties

  • Advising and assisting  bidders for pre-inspection of property and guiding them on auction floor procedures and contract signing

Typically in Singapore, auction houses charge between $900 to $1,500 for selling a property via auction.

Pre-marketing, advertisements, websites, newspaper, email blast, EDMs and venue of auction.

The entire process to the date of auction typically take app 2 to 4 months from date of confirmation of marketing agent.

COS or condition of sales is a legal document of a Sale & Purchase Agreement which is signed by the Purchaser after a successful bid is won in an auction sale.

However, a COS will not be applicable if the deal is not  contracted via auction.

No, the Condition of sales or COS is only issued on the successful knock down of a property during auction. 

For a private treaty sale, a standard Option To Purchase (OTP) will
be used to conclude the deal instead.

Deputy Head, Auction & Sales

Senior Director, Auction & Sales (Corporate Account)

Associate Senior Group District Director

Associate Senior Group District Director


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