It means the property is being sold in its current condition, whatever this condition happens to be.
Buyer is taking the property with the understanding that there will be no repairs or improvements before the sale.
Do note that if you are a Buyer in such situation and you have signed on such clauses, you are deemed to have checked the property for defects of quality (even if you have not actually done so), and have found the condition acceptable to you.
For Buyers, please
ensure you get proper legal advice from your lawyer on the impact of the clauses
you are signing when you are placing a deposit to the registered real estate
agency (in the booking form) and also the Sale and Purchase Agreement.