Lelong Low-Cost Apartment · Bayan Lepas, Penang
Low-Cost Apartment at Lebuh Relau 4, Bayan Lepas
3-6-10, Lebuh Relau 4, Mukim 13, Bayan Lepas, PenangLow-Cost Apartment at Lebuh Relau 4, Bayan Lepas
This low-cost apartment at Lebuh Relau 4 offers about 753 sq ft of built-up space in Bayan Lepas, Penang. With a reserve price of RM310,000, it suits owner-occupiers, families and investors.
The property is being sold through a bank (Charge) auction; the auctioneer has not been confirmed yet, so check the latest status before the auction date. Sold strictly on an "as-is-where-is" basis.
- Location Advantage: Located in Bayan Lepas, home to Penang International Airport and the Bayan Lepas Free Industrial Zone.
- Accessibility: Served by the Tun Dr Lim Chong Eu Expressway and both Penang bridges.
- Property Specs: 6th floor of a 23-storey block, approximately 753 sq ft built-up.
- Auction Status: Bank auction (Charge) on 19 October 2026 — reserve price RM310,000.
Auction Terms & Property Details
| Reserve Price | RM310,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM31,000) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction |
| Auctioneer | To be confirmed |
| Solicitor | VM Mohan, Fareed & Co |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | High-Rise Residential (Low-Cost Apartment) |
| Unit Address | 3-6-10, Lebuh Relau 4, Mukim 13, Bayan Lepas, Penang |
Frequently Asked Questions
What is the reserve price of this Lebuh Relau 4 apartment?
The reserve price is RM310,000 for the auction on 19 October 2026. Bidding starts from this reserve price.
How much deposit do I need to bid?
You need a 10% deposit of the reserve price (RM31,000), prepared as a bank draft before the auction day.
Can I get a bank loan for this auction property?
Yes, buyers can generally use housing loans. However, you must get your loan pre-approved before bidding, as the balance is typically due within 90 to 120 days depending on the Conditions of Sale.
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Can I view the interior before the auction?
No, interior viewing is usually not permitted because auction properties are sold strictly "as-is-where-is". You may only inspect the exterior and common areas of the building.
Interested in This Bayan Lepas Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
