Bidders refuse to bid; help owners save houses

ARCHIVES 2013

By admin-s On Aug 28, 2013

The bidders at the High Court Auction House

(fz.com) – The bidders not only showed solidarity in not bidding for any of the Taman Suria Permai, Taiping houses that came up on the block but even tried to discourage Megat and couple Lee Chek Chuan and Ng Siew Imm from repurchasing their homes.

Four houseowners who were supposed to have their homes auctioned yesterday had a last-minute reprieve by none other than the bidders to their houses.

The potential buyers at the Taiping High Court auction house refused to bid for the properties of Jonathan Ng and his small group of victims who are victims of a procedural breach in the Banking and Financial Institutions Act (Bafia) and the National Land Code (NLC).

Prior to the start of the auction, Ng and the other victims including Wong Chun Mun, Megat Azmi and couple Ng Siew Imm and Lee Chek Chuan pleaded to the other bidders to not purchase their properties.

It was a heart-wrenching scene when Ng’s mother, Susan Cheong, broke in tears telling everyone that they have lived in their homes for 10 years and have become the victim of an alleged cheating scheme thought up by their property’s developer, KS Properties Sdn Bhd.

“We were cheated of our homes. We have fully paid. But they’re trying to take our homes away! Please! Don’t buy our house, we don’t have a place to stay!” begged a tearful Cheong.

Another victim, Megat Azmi also appealed for compassion, showing a picture of his ill baby, saying that he has not slept for month trying to raise funds for his house.

“Please, please… I just want my house back… Please… please don’t fight with me when I start bidding,” said Megat Azmi, who finally caved in to the demands of debt collection agency Gale Force Sdn Bhd by repurchasing his home.

The bidders not only showed solidarity in not bidding for any of the Taman Suria Permai, Taiping houses that came up on the block but even tried to discourage Megat and couple Lee Chek Chuan and Ng Siew Imm from repurchasing their homes.

They informed Lee that they are not interested in his home and will not contest but the couple went ahead, saying they just wanted to get on with their lives.

“How long can we suffer? This time around we are lucky no one wanted to contest against us when we began our bid. We paid RM108,000 again yes but how many times must we go through this kind of pain? We don’t want to go through this again,” said Siew Imm.