LACA · Penang
Luxurious Suite in Lexis Suites, Penang
Luxurious Suite · Freehold · Lexis Suites, Penang
Reserve priceRM 468,000
Reserve per sq ftRM 535
Built-up875 sf
Auction date21 August 2026In 16 days
How the reserve compares
Against registered sales in Penang state — 38,804 transactions, median RM 410,000.
| Reserve price | RM 468,000 |
|---|---|
| Penang state median | RM 410,000 |
| Reserve vs that median | 14% above |
A median covers every property type, size and condition in Penang state. It is a sanity check on the reserve, not a valuation of this lot.
See Penang state in fullListing details
| Address | Hotel Lexis Suites Penang, No. 28, Jalan Teluk Kumbar, 11920 Bayan Lepas, Penang |
|---|---|
| Locality | Lexis Suites, Penang |
| Property type | Luxurious Suite |
| Tenure | Freehold |
| Auction type | LACA |
| Auction date | 21 August 2026 · In 16 days |
Before you bid
- 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 Reserve prices, venues and dates change, and lots are frequently withdrawn.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.