Lelong 3-Storey Terrace House · Bukit Mertajam, Penang
3-Storey Terrace House at Villa Seri Setia, Bukit Mertajam
No. 5, Lorong Seri Setia 4, Villa Seri Setia, Bukit Mertajam, Penang3-Storey Terrace House at Villa Seri Setia, Bukit Mertajam
This intermediate-lot 3-storey terrace house at Villa Seri Setia offers about 2,584 sq ft in Bukit Mertajam, Penang. With a reserve price of RM600,000, it suits upgraders, owner-occupiers and investors.
The property is being sold through a bank (Charge) auction; the auctioneer has not been confirmed yet, so check the latest status before the auction date. Sold strictly on an "as-is-where-is" basis.
- Location Advantage: Located in Bukit Mertajam, a major town in central Seberang Perai.
- Accessibility: Accessible via the North–South Expressway, the Butterworth–Kulim Expressway and the KTM Bukit Mertajam station.
- Property Specs: 3-Storey Terrace House, intermediate lot, approximately 2,584 sq ft.
- Auction Status: Bank auction (Charge) on 3 November 2026 — reserve price RM600,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM600,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM60,000) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (Land Office) |
| Number of Auctions (NOA) | 1 (1st auction) |
| Auctioneer | To be confirmed |
| Solicitor | Zaid Ibrahim & Co (Penang) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | Landed Residential (3-Storey Terrace) |
| Unit Address | No. 5, Lorong Seri Setia 4, Villa Seri Setia, 14000 Bukit Mertajam, Penang |
Frequently Asked Questions
What is the reserve price of this Villa Seri Setia terrace house?
The reserve price is RM600,000 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 (RM60,000), 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.
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 the surrounding neighbourhood.
Interested in This Bukit Mertajam Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.