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LACA · Penang

Retail Shop Lot in Prangin Mall, Penang

Retail Shop Lot · Leasehold · Prangin Mall, Penang

Reserve priceRM 364,500
Reserve per sq ftRM 1,013
Built-up360 sf
Auction date10 August 2026Date has passed

How the reserve compares

Against registered sales in Penang state — 39,561 transactions, median RM 410,000.

Reserve priceRM 364,500
Penang state medianRM 410,000
Reserve vs that median11% below
Discount claimed by the listing56%

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 full

Listing details

AddressJalan Dr. Lim Chwee Leong, Prangin Mall, 10100, Penang
LocalityPrangin Mall, Penang
Property typeRetail Shop Lot
TenureLeasehold
Auction typeLACA
Auction date10 August 2026 · Date has passed

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 Reserve prices, venues and dates change, and lots are frequently withdrawn.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