LACA · Penang
Retail Shop Lot in Prangin Mall, Penang
Retail Shop Lot · Leasehold · Prangin Mall, Penang
Reserve priceRM 328,050
Reserve per sq ftRM 911
Built-up360 sf
Auction date24 August 2026In 12 days
How the reserve compares
Against registered sales in Penang state — 38,804 transactions, median RM 410,000.
| Reserve price | RM 328,050 |
|---|---|
| Penang state median | RM 410,000 |
| Reserve vs that median | 20% below |
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 | Jalan Dr. Lim Chwee Leong, Prangin Mall, 10100, Penang |
|---|---|
| Locality | Prangin Mall, Penang |
| Property type | Retail Shop Lot |
| Tenure | Leasehold |
| Auction type | LACA |
| Auction date | 24 August 2026 · In 12 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 Reserve prices, venues and dates change, and lots are frequently withdrawn.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.