Lelong 2-Storey Terrace House · George Town, Penang
2-Storey Terrace House at Jalan Irawadi, George Town
No 20 Jalan Irawadi, George Town, Penang2-Storey Terrace House at Jalan Irawadi, George Town
This end-lot 2-storey terrace house at Jalan Irawadi offers about 3,424 sq ft in George Town, Penang. With a reserve price of RM1,900,000, 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 George Town, the capital of Penang and a UNESCO World Heritage city.
- Accessibility: Served by the Tun Dr Lim Chong Eu Expressway, Rapid Penang buses and the ferry to Butterworth.
- Property Specs: 2-Storey Terrace House, end lot, approximately 3,424 sq ft.
- Auction Status: Bank auction (Charge) on 1 December 2026 — reserve price RM1,900,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM1,900,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM190,000) 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 (2-Storey Terrace) |
| Unit Address | No 20 Jalan Irawadi 10050 Georgetown, Penang |
Frequently Asked Questions
What is the reserve price of this Jalan Irawadi terrace house?
The reserve price is RM1,900,000 for the auction on 1 December 2026. Bidding starts from this reserve price.
How much deposit do I need to bid?
You need a 10% deposit of the reserve price (RM190,000), 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 George Town Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
