Lelong Low-Cost Flat · Bayan Lepas, Penang
Low-Cost Flat at Mutiara Perdana 2, Bayan Lepas
No. 3-7-4, Mutiara Perdana 2, Lorong Kelicap, Bayan Lepas, PenangLow-Cost Flat at Mutiara Perdana 2, Bayan Lepas
This 3-bedroom low-cost flat at Mutiara Perdana 2 offers about 527 sq ft of built-up space in Bayan Lepas, Penang. With a reserve price of RM118,098, 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 Bayan Lepas, home to Penang International Airport and the Bayan Lepas Free Industrial Zone.
- Accessibility: Served by the Tun Dr Lim Chong Eu Expressway and both Penang bridges.
- Property Specs: Low-Cost Flat, 3 bedrooms, approximately 527 sq ft built-up.
- Auction Status: Bank auction (Charge) on 10 November 2026 — reserve price RM118,098 (5th auction).
Auction Terms & Property Details
| Reserve Price | RM118,098 |
|---|---|
| Deposit Required | 10% of reserve price (RM11,810) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (High Court) |
| Number of Auctions (NOA) | 5 (5th auction) |
| Auctioneer | e-Lelong (online court auction) |
| Solicitor | Zaid Ibrahim & Co (Penang) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | High-Rise Residential (Low-Cost Flat) |
| Unit Address | No. 3-7-4, Mutiara Perdana 2, Lorong Kelicap, 11900 Bayan Lepas, Penang |
Frequently Asked Questions
What is the reserve price of this Mutiara Perdana 2 flat?
The reserve price is RM118,098 for the auction on 10 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 (RM11,810), 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 Bayan Lepas Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
