Title · Penang
Shop Lot in Georgetown, Penang
Shop Lot · Leasehold · Georgetown, Penang
Reserve priceabout RM 31,000
Reserve per sq ftRM 151
Built-up205 sf
Auction dateDecember 2026 (day not published)
How the reserve compares
Against registered sales in Penang state — 39,561 transactions, median RM 410,000.
| Reserve price | about RM 31,000 |
|---|---|
| Penang state median | RM 410,000 |
| Reserve vs that median | 92% 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. The source shows this reserve to the nearest thousand (for example RM162,xxx) to visitors who are not signed in, so it is given here as about that figure.
See Penang state in fullListing details
| Address | Not stated |
|---|---|
| Locality | Georgetown, Penang |
| Property type | Shop Lot |
| Tenure | Leasehold |
| Auction type | Title |
| Auction date | December 2026 (day not published) |
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 Reserve prices, venues and dates change, and lots are frequently withdrawn.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.