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Title · Penang

Apartment in Melati Apartment, Penang

Apartment · Freehold · auction 3 August 2026

Reserve priceRM 324,000
State median (registered)RM 398,000
Gap vs registered median−19%
Built-up990 sf

Listing details

Property typeApartment
AddressMelati Apartment, Lebuh Bukit Kecil 3, Taman Sri Nibong, 11900 Bayan Lepas, Penang
Auction date3 August 2026
Auction typeTitle
TenureFreehold
Reserve per sq ftRM 327 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 Reserve prices, venues and dates change, and lots are frequently withdrawn.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.