Lelong Apartment · Simpang Ampat, Penang
Apartment at Pangsapuri Eco Bloom, Simpang Ampat
No. 33-05, Pangsapuri Eco Bloom, Tingkat Eco Meadows 1, Simpang Ampat, PenangApartment at Pangsapuri Eco Bloom, Simpang Ampat
This 3-bedroom apartment at Pangsapuri Eco Bloom offers about 1,109 sq ft of built-up space in Simpang Ampat, Penang. With a reserve price of RM420,000, it suits owner-occupiers, families and investors.
The property is being sold through a LACA (Loan Agreement Cum Assignment) auction handled by Arena. In a LACA auction, the purchaser takes over the borrower's rights under the sale and purchase agreement, so developer or proprietor consent is usually required for the transfer. Sold strictly on an "as-is-where-is" basis.
- Location Advantage: Located in Simpang Ampat, a growing township in south Seberang Perai near Batu Kawan.
- Accessibility: Accessible via the North–South Expressway and the Sultan Abdul Halim Muadzam Shah Bridge (Second Penang Bridge).
- Property Specs: Apartment, 3 bedrooms, approximately 1,109 sq ft built-up.
- Auction Status: LACA auction on 11 November 2026 — reserve price RM420,000 (2nd auction).
Auction Terms & Property Details
| Reserve Price | RM420,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM42,000) by bank draft |
| Auction Date | |
| Auction Type | LACA (Loan Agreement Cum Assignment) |
| Number of Auctions (NOA) | 2 (2nd auction) |
| Auctioneer | Arena |
| Solicitor | Zaid Ibrahim & Co (Penang) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | High-Rise Residential (Apartment) |
| Unit Address | No. 33-05, Pangsapuri Eco Bloom, Tingkat Eco Meadows 1, 14100 Simpang Ampat, Penang |
Frequently Asked Questions
What is the reserve price of this Pangsapuri Eco Bloom apartment?
The reserve price is RM420,000 for the auction on 11 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 (RM42,000), prepared as a bank draft before the auction day.
Can I get a bank loan for this LACA auction property?
Yes, buyers can generally use housing loans for LACA properties. However, you must get your loan pre-approved before bidding, as the balance is typically due within 90 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 Simpang Ampat Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
