Lelong 1-Storey Terrace House · Bukit Mertajam, Penang
1-Storey Terrace House at Taman Industri Cherok Tokun, Bukit Mertajam
4 Lorong Sejahtera 28 Taman Industri Cherok Tokun, Bukit Mertajam, Penang1-Storey Terrace House at Taman Industri Cherok Tokun, Bukit Mertajam
This 1-storey terrace house at Taman Industri Cherok Tokun offers about 1,001 sq ft in Bukit Mertajam, Penang. With a reserve price of RM280,000, it suits upgraders, owner-occupiers 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 Bukit Mertajam, a major town in central Seberang Perai.
- Accessibility: Accessible via the North–South Expressway, the Butterworth–Kulim Expressway and the KTM Bukit Mertajam station.
- Property Specs: 1-Storey Terrace House, approximately 1,001 sq ft.
- Auction Status: Bank auction (Charge) on 21 October 2026 — reserve price RM280,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM280,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM28,000) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (Land Office) |
| Number of Auctions (NOA) | 1 (1st auction) |
| Auctioneer | To be confirmed |
| Solicitor | Zaid Ibrahim & Co |
| Tenure | Freehold (verify against the POS) |
| Property Category | Landed Residential (1-Storey Terrace) |
| Unit Address | 4 Lorong Sejahtera 28 Taman Industri Cherok Tokun 14000 Bukit Mertajam, Penang |
Frequently Asked Questions
What is the reserve price of this Taman Industri Cherok Tokun terrace house?
The reserve price is RM280,000 for the auction on 21 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 (RM28,000), 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 the surrounding neighbourhood.
Interested in This Bukit Mertajam Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.