Lelong Condominium · Simpang Ampat, Penang
Condominium at Kondominium Lembah Indah, Simpang Ampat
Unit No. B-3A-3A, Kondominium Lembah Indah, Lorong Lembah Indah 1, Simpang Ampat, PenangCondominium at Kondominium Lembah Indah, Simpang Ampat
This condominium at Kondominium Lembah Indah offers about 2,077 sq ft of built-up space in Simpang Ampat, Penang. With a reserve price of RM500,000, 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 Simpang Ampat, a growing township in south Seberang Perai near Batu Kawan.
- Accessibility: Accessible via the North–South Expressway and the Sultan Abdul Halim Muadzam Shah Bridge (Second Penang Bridge).
- Property Specs: Condominium, approximately 2,077 sq ft built-up.
- Auction Status: Bank auction (Charge) on 14 December 2026 — reserve price RM500,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM500,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM50,000) 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 | High-Rise Residential (Condominium) |
| Unit Address | Unit No. B-3A-3A, Kondominium Lembah Indah, Lorong Lembah Indah 1, 14100 Simpang Ampat, Penang |
Frequently Asked Questions
What is the reserve price of this Kondominium Lembah Indah condominium?
The reserve price is RM500,000 for the auction on 14 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 (RM50,000), 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 common areas of the building.
Interested in This Simpang Ampat Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.