Lelong 1-Storey Low-Cost Terrace House · Tasek Gelugor, Penang
1-Storey Low-Cost Terrace House at Taman Seri Desa, Tasek Gelugor
No. 4, Lorong Seri Desa 13, Taman Seri Desa, Tasek Gelugor, Penang1-Storey Low-Cost Terrace House at Taman Seri Desa, Tasek Gelugor
This intermediate-lot 1-storey low-cost terrace house at Taman Seri Desa offers about 750 sq ft in Tasek Gelugor, Penang. With a reserve price of RM200,000, 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 Tasek Gelugor, in north Seberang Perai.
- Accessibility: Accessible via the North–South Expressway and the Butterworth Outer Ring Road.
- Property Specs: 1-Storey Low-Cost Terrace House, intermediate lot, approximately 750 sq ft.
- Auction Status: Bank auction (Charge) on 3 November 2026 — reserve price RM200,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM200,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM20,000) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (High Court) |
| Number of Auctions (NOA) | 1 (1st auction) |
| Auctioneer | e-Lelong (online court auction) |
| Solicitor | Zaid Ibrahim & Co (Penang) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | Landed Residential (1-Storey Terrace) |
| Unit Address | No. 4, Lorong Seri Desa 13, Taman Seri Desa, 13300 Tasek Gelugor, Penang |
Frequently Asked Questions
What is the reserve price of this Taman Seri Desa terrace house?
The reserve price is RM200,000 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 (RM20,000), 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 Tasek Gelugor Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
