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Thread: Distressed asset auctions

  1. #1
    Join Date
    Jan 2009
    Posts
    2

    Default Distressed asset auctions

    Hi - one more question from me, is there such a thing as distressed asset auctions for houses\condo's in Singapore? By this is mean houses\condo's that have been reposessed by banks etc

    Is there an online portal or notice of upcoming auctions. Or are there specific auctioners in Singapore that would typically deal with this type of distressed asset sale?

    Thanks

  2. #2
    Join Date
    Feb 2008
    Posts
    393

    Default

    I do not think there is website specially for this.

    What I do notice that these properties are usually advertise in the papers (straits time classfied) by auction houses under mortgagee's sale.

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