7 Images
-27%
7 Images
-27%
6 Storey Strata Commercial Shop Office, Corner Lot
Freehold
Property Address
No. 1, Lorong Tan Sai Gin 2, Bukit Mertajam Wellesley, 14000 Bukit Mertajam, Penang
Built Up
Approx. 11,593 sq.ft
Reserve Price
RM 4,957,200.00 (Approx. RM 427 per sq.ft)
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Deposit
10% of Reserve Price (Auction Deposit, if made via online transfer, must be deposited directly into our company's bidder deposit account only. We have not authorised any 3rd party to receive the same on our behalf.)
  • High Visibility
  • 3 min to Bukit Mertajam KTM Station
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Property Highlights
✔ Strategically surrounded by residential areas
✔ Situated in the well-established and growing township of Bukit Mertajam
✔ Ideal for any business - restaurants, storage, café, office, retail outlets, clinics and more
✔ Next to Switch @ Bukit Mertajam
✔ Close to Bukit Mertajam Hospital, Stadium Permatang Rawa by AEI & Jit Sin Independent High School
✔ Effortlessly accessible via Jalan Muthu Palaniappan & Jalan Bukit Tengah

Auction Details
Reference No.
NCM/HLBB/62663
Auction Fair
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Plaintiff / Assignee
Hong Leong Islamic Bank Berhad
Defendant / Assignor
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Auction Date & Time
23rd July 2025, Wednesday, 10:30 AM
(Counter Registration closed at 10:15 AM)
Auction Venue
Ng Chan Mau Auction Room
No. 7, Ground Level, Block B, Megan Avenue II, No. 12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
Auction Document
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Loan Calculator
Down Payment
20%
RM 25,089.36
per month
RM
RM
%
Years
Loan Margin 80% 70% 60%
Loan Term 20 Years 20 Years 20 Years
Interest Rate 4.5% 4.5% 4.5%
Down Payment 20% 30% 40%
Loan Amount RM 3,965,760.00 RM 3,470,040.00 RM 2,974,320.00
Estimated Monthly Installment RM 25,089.36 RM 21,953.19 RM 18,817.02
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Note
  • For intending bidders, please call our hotline for latest auction status as auction may be withdrawn / called off at last minute.
  • Intending bidders are advised to obtain a copy of the Proclamation of Sale before participating the auction.
  • The photographs shown herein are solely for general identification and information. 
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3 Storey Terrace Shop Office, Intermediate
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3 Storey Terrace Shop Office, Intermediate
Lorong Tan Sai Gin 2, Bukit Mertajam Wellesley, 14000 Bukit Mertajam, Penang
  • High Visibility
  • 3 min to Bukit Mertajam KTM Station
Pending Auction Date
Built Up: 3,336 sq.ft
Freehold RM 391 psf.
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