Lelong Flat · Gelugor, Penang
Flat at Lorong Helang 3, Gelugor
No. F4-07, Lorong Helang 3, Mk. 13, Gelugor, PenangFlat at Lorong Helang 3, Gelugor
This 2-bedroom flat at Lorong Helang 3 offers about 570 sq ft of built-up space in Gelugor, Penang. With a reserve price of RM128,000, 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 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: Flat, 2 bedrooms, approximately 570 sq ft built-up.
- Auction Status: Bank auction (Charge) on 3 November 2026 — reserve price RM128,000 (11th auction).
Auction Terms & Property Details
| Reserve Price | RM128,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM12,800) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (High Court) |
| Number of Auctions (NOA) | 11 (11th auction) |
| Auctioneer | e-Lelong (online court auction) |
| Solicitor | Lalchand & Nawawi (Ipoh) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | High-Rise Residential (Flat) |
| Unit Address | No. F4-07, Lorong Helang 3, Mk. 13, 11700 Glugor, Penang |
Frequently Asked Questions
What is the reserve price of this Lorong Helang 3 flat?
The reserve price is RM128,000 for the auction on 3 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 (RM12,800), 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 Gelugor Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
