Articles & News
Jelajah Harta Tanah Malaysia 2026 Attracts 819 bidders for Property and Car Public Auction Sales
KUALA LUMPUR, 3 August 2026 – The
second edition of Jelajah Harta Tanah Malaysia 2026, organised by NCM Co
together with co-organiser Owner Auction™, concluded successfully after two
days of auctions, cultural performances and community engagement, recording a
record total sales value of RM58.70 million across property, automotive and art
auctions.
Held on 28 and 29 July 2026 at
Megan Avenue 2, Kuala Lumpur City Centre, the carnival welcomed more than 300
attendees and attracted 81
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Understanding the Proclamation of Sale (POS): What is a POS?
Don't Let the Legal Terms Intimidate YouWhen considering an auction property, many buyers focus on the reserve price and whether the property fits their budget. However, one of the most important documents is often overlooked, the Proclamation of Sale (POS). While many assume it is a complicated legal document meant only for lawyers, the POS is actually an essential guide for buyers. It contains key information about the property, the auction requirements, and the terms and conditions that every
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Jelajah Harta Tanah Malaysia 2026 Launches Auction Series with Strong Market Response
Kuala Lumpur, 28 April 2026
– NCM Co, together with Owner Auction and lapan Art Auction, successfully
launched Jelajah Harta Tanah Malaysia 2026, marking the latest edition
of its Auction Carnival series and the official launch of a nationwide auction
series aligned with the spirit of Visit Malaysia 2026 supported by Tourism
Malaysia.
The event introduced a
new nationwide theme focused on exploring opportunities across different
regions of Malaysia, bringing together property, automo
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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.