Lelong Apartment · Tanjung Tokong, Penang
Apartment at Pangsapuri Palm Court, Tanjung Tokong
Unit No. 7C-11-11, Pangsapuri Palm Court, Jalan Seri Tanjung Pinang, Tanjung Tokong, PenangApartment at Pangsapuri Palm Court, Tanjung Tokong
This 3-bedroom apartment at Pangsapuri Palm Court offers about 635 sq ft of built-up space in Tanjung Tokong, Penang. With a reserve price of RM185,895, 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 Tokong, a seaside area on Penang Island near Straits Quay and Gurney Drive.
- Accessibility: Accessible via Jalan Tanjung Tokong and the coastal road into George Town.
- Property Specs: Apartment, 3 bedrooms, approximately 635 sq ft built-up.
- Auction Status: Bank auction (Charge) on 16 December 2026 — reserve price RM185,895 (4th auction).
Auction Terms & Property Details
| Reserve Price | RM185,895 |
|---|---|
| Deposit Required | 10% of reserve price (RM18,590) 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 | Jayadeva & Kamal (Alor Setar) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | High-Rise Residential (Apartment) |
| Unit Address | Unit No. 7C-11-11, Pangsapuri Palm Court, Jalan Seri Tanjung Pinang, 10470 Tanjung Tokong, Penang |
Frequently Asked Questions
What is the reserve price of this Pangsapuri Palm Court apartment?
The reserve price is RM185,895 for the auction on 16 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 (RM18,590), 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 Tokong Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
