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Auction · Penang

Prime Commercial Shop Lot At Vervea Freehold 3 Storey Commercial Shop Lot with Lift Business Street Invest in Vervea, Penang

Prime Commercial Shop Lot At Vervea Freehold 3 Storey Commercial Shop Lot with Lift Business Street Invest · Freehold · auction 6 August 2026

Reserve priceNot stated
State median (registered)RM 398,000
Gap vs registered medianNot comparable
Built-up3,300 sf

Listing details

Property typePrime Commercial Shop Lot At Vervea Freehold 3 Storey Commercial Shop Lot with Lift Business Street Invest
AddressJalan Vervea 4, Vervea, 14110 Bandar Cassia, Penang
Auction date6 August 2026
Auction typeNot stated
TenureFreehold
Reserve per sq ftNot calculable

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 Reserve prices, venues and dates change, and lots are frequently withdrawn.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.