Lelong Condominium · Tanjung Bungah, Penang
Condominium at Twin Tower, Tanjung Bungah
No. 5-01-01, Twin Tower, Persiaran Tanjung Bungah, Tanjung Bungah, PenangCondominium at Twin Tower, Tanjung Bungah
This condominium at Twin Tower offers about 1,324 sq ft of built-up space in Tanjung Bungah, Penang. With a reserve price of RM422,900, 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 Tanjung Bungah, a seaside suburb on the north coast of Penang Island.
- Accessibility: Accessible via Jalan Tanjung Bungah towards George Town.
- Property Specs: Condominium, approximately 1,324 sq ft built-up.
- Auction Status: Bank auction (Charge) on 1 December 2026 — reserve price RM422,900 (4th auction).
Auction Terms & Property Details
| Reserve Price | RM422,900 |
|---|---|
| Deposit Required | 10% of reserve price (RM42,290) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (High Court) |
| Number of Auctions (NOA) | 4 (4th auction) |
| Auctioneer | e-Lelong (online court auction) |
| Solicitor | Refer to Proclamation of Sale (POS) |
| Tenure | Freehold (verify against the POS) |
| Property Category | High-Rise Residential (Condominium) |
| Unit Address | No. 5-01-01, Twin Tower, Persiaran Tanjung Bungah, 11200 Tanjong Bungah, Penang |
Frequently Asked Questions
What is the reserve price of this Twin Tower condominium?
The reserve price is RM422,900 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 (RM42,290), 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 Tanjung Bungah Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
