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LACA · Penang

Apartment in Ferringhi Residence 2, Penang

Apartment · auction 6 August 2026

Reserve priceRM 780,000
State median (registered)RM 398,000
Gap vs registered median+96%
Built-up1,561 sf

Listing details

Property typeApartment
AddressPersiaran Sungai Emas 1, Ferringhi Residence 2, 11100 Batu Ferringgi, Penang
Auction date6 August 2026
Auction typeLACA
TenureNot stated
Reserve per sq ftRM 500 psf

Auction risk checklist

  • Obtain and read the Proclamation and Conditions of Sale for this lot.
  • Check title restrictions, caveats, arrears and outstanding utilities.
  • Confirm occupancy and budget for delayed possession or legal action.
  • Inspect externally and estimate repairs, financing timing and cash buffer.

Confirm before bidding. Reserve prices, venues and dates change, and lots are frequently withdrawn. Verify the current notice and deposit terms with the appointed auctioneer.