Lelong 2-Storey Terrace House · Simpang Ampat, Penang
2-Storey Terrace House at Bandar Tasek Mutiara (No. 61), Simpang Ampat
No. 61, Lorong 9/Ss6, Bandar Tasek Mutiara, Simpang Ampat, Penang2-Storey Terrace House at Bandar Tasek Mutiara (No. 61), Simpang Ampat
This intermediate-lot 2-storey terrace house at Bandar Tasek Mutiara (No. 61) offers about 1,800 sq ft in Simpang Ampat, Penang. With a reserve price of RM441,000, it suits upgraders, owner-occupiers 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 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: 2-Storey Terrace House, intermediate lot, approximately 1,800 sq ft.
- Auction Status: Bank auction (Charge) on 19 October 2026 — reserve price RM441,000 (2nd auction).
Auction Terms & Property Details
| Reserve Price | RM441,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM44,100) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (High Court) |
| Number of Auctions (NOA) | 2 (2nd auction) |
| Auctioneer | e-Lelong (online court auction) |
| Solicitor | Zaid Ibrahim & Co (Penang) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | Landed Residential (2-Storey Terrace) |
| Unit Address | No. 61, Lorong 9/Ss6, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang |
Frequently Asked Questions
What is the reserve price of this Bandar Tasek Mutiara (No. 61) terrace house?
The reserve price is RM441,000 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 (RM44,100), 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 Simpang Ampat Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.