Lelong Low-Cost Flat · Gelugor, Penang
Low-Cost Flat at Lorong Helang 3, Gelugor
C4-08, Lorong Helang 3, Mk.13, Gelugor, PenangLow-Cost Flat at Lorong Helang 3, Gelugor
This 2-bedroom low-cost flat at Lorong Helang 3 offers about 624.3 sq ft of built-up space in Gelugor, Penang. With a reserve price of RM180,000, 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 Gelugor, Penang Island, close to Universiti Sains Malaysia.
- Accessibility: Served by the Tun Dr Lim Chong Eu Expressway and close to the Penang Bridge.
- Property Specs: 4th floor of a 5-storey block, 2 bedrooms, approximately 624.3 sq ft built-up.
- Auction Status: Bank auction (Charge) on 20 October 2026 — reserve price RM180,000.
Auction Terms & Property Details
| Reserve Price | RM180,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM18,000) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction |
| Auctioneer | To be confirmed |
| Solicitor | Kuah Lim Chin & Ooi |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | High-Rise Residential (Low-Cost Flat) |
| Unit Address | C4-08, Lorong Helang 3, Mk.13, Glugor, Penang |
Frequently Asked Questions
What is the reserve price of this Lorong Helang 3 flat?
The reserve price is RM180,000 for the auction on 20 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 (RM18,000), 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.
Check Your Loan Eligibility via WhatsApp →
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 Gelugor Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
