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Gong Xi Auction Fair Draws Strong Interest from Both First-Time and Experienced Buyers

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Kuala Lumpur, 30 January 2026 — NCM Co’s Gong Xi Auction Fair drew strong attendance from both seasoned auction buyers and first-time bidders, reflecting growing interest in property auctions.

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The event was conducted as a hybrid auction, enabling participants to bid both on-site and online for greater convenience and wider reach.

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NCM Co’s sales advisors were on site to assist bidders with enquiries, while Owner Auction’s client relations officers were readily available to engage investors interested in selling their properties via auction as an alternative solution.

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The auction featured a diverse range of properties, with successful sales ranging from RM20,000 apartments in Port Dickson to condominium in Penang above RM2 million sold under the hammer. Condominiums ranging from RM200,000 to RM350,000 and those in matured locations were among the most sold properties. NCM Co’s auction event has helped banks and their customers to dispose of properties efficiently by connecting them to both value-driven buyers and long-term investors.

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Looking to sell your property via auction or check your property’s market value? Visit  www.ownerauction.my

For more updates on upcoming auctions and property opportunities, Visit www.ngchanmau.com

 

FAQ's

Find answers to frequently asked questions

Owner Auction™ is essentially a solution offered to property owners to dispose their property via public auction, whereas Bank Auction is conducted when the property has been foreclosed on and repossessed by the bank or the High Court, usually due to the owner’s / borrower’s inability to settle the outstanding payments on the property.
We have a proven track record of efficiently facilitating the property sale via the modern way of auction by offering a one-stop solution, including marketing, legal and administrative services.
Upon our appointment through a prescribed letter of appointment and receipt of all necessary documents in relation to your property, we will proceed to market and advertise your property. We will also arrange to fix as many auction rounds as we are able to within the validity period stated in the prescribed letter of appointment with an objective to sell your property via auction sale. At present, our licensed auctioneer will conduct the auction once every 3 weeks.
Yes, you can.
Yes, you can, provided you are empowered to do so through a Power of Attorney granted by the owner(s) to you.

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