Lelong Apartment · Bayan Lepas, Penang
Apartment at Mutiara Perdana (Block Orkid), Bayan Lepas
M17 Block Orkid Mutiara Perdana Lengkok Kelicap, Bayan Lepas, PenangApartment at Mutiara Perdana (Block Orkid), Bayan Lepas
This apartment at Mutiara Perdana (Block Orkid) offers about 958 sq ft of built-up space in Bayan Lepas, Penang. With a reserve price of RM284,000, it suits owner-occupiers, families and investors.
The property is being sold through a bank (Charge) auction handled by e-Lelong (online court auction). 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: Apartment, approximately 958 sq ft built-up.
- Auction Status: Bank auction (Charge) on 12 November 2026 — reserve price RM284,000 (3rd auction).
Auction Terms & Property Details
| Reserve Price | RM284,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM28,400) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (High Court) |
| Number of Auctions (NOA) | 3 (3rd auction) |
| Auctioneer | e-Lelong (online court auction) |
| Solicitor | Zaid Ibrahim & Co |
| Tenure | Freehold (verify against the POS) |
| Property Category | High-Rise Residential (Apartment) |
| Unit Address | M17 Block Orkid Mutiara Perdana Lengkok Kelicap, 11900 Bayan Lepas, Penang |
Frequently Asked Questions
What is the reserve price of this Mutiara Perdana (Block Orkid) apartment?
The reserve price is RM284,000 for the auction on 12 November 2026. Bidding starts from this reserve price.
How much deposit do I need to bid?
You need a 10% deposit of the reserve price (RM28,400), 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.
