Service Apartment
Property Address
Unit No. 1B-7-2, The Loft, Jalan Muzium Perang, 11960 Bayan Lepas, Penang
Built Up
Approx. 1,323 sq.ft
Reserve Price
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.)
Auction Details
Auction Fair
Plaintiff / Assignee
MBSB Bank Berhad
Defendant / Assignor
Auction Date & Time
28th October 2025, Tuesday, 11:00 AM
(Registration will close at 5:00 PM, one (1) working day before auction date)
(Registration will close at 5:00 PM, one (1) working day before auction date)
Auction Venue
www.ngchanmau.com
Why buy The Loft, Batu Maung
The Loft is a freehold condominium located at Batu Maung, Penang . It is developed by Vienna View Development (a member of Mah Sing group) and was completed in 2017.
The Loft comes with 2 blocks of 30 storey buildings which comprises a total 156 units. The built-up size of the unit measures approximately 1,378 - 5,963 sf in size which includes 3, 3+1-bedroom and 3-bathroom .
The Loft provides facilities such as gymnasium, children's playground, wading pool, reading room, multi-purpose room, pool with bar seating, 2.5-acre recreational decks, 3-tier cascading pool and lounge with sea view.
The Loft is near to amenities such as shopping mall (Giant Hypermarket, Sunshine Square, Bukit Jambul Shopping Complex, Queensbay Mall, and Tesco Extra), public transportation (Rapid Penang), colleges (USM Penang and Inti International Colege) and schools (SMK Batu Maung, SRK Batu Maung and SRJK Wen Chai).
The Loft is situated in Bayan Lepas, which is highly accessible now that the Second Penang Bridge is done and due to be opened on January 2014. The location is also situated along four main roads and highways, which are Jalan Batu Maung, Jalan Permatang Damar Laut, the Second Link Bridge, and the Tun Dr Lim Cheong Eu Expressway.
Quick Facts
Name: The Loft
Tenure: Freehold
Type: Condominium
Address: Batu Maung, Penang
Developer: Vienna View Development (a member of Mah Sing group)
Year Of Completion: 2017
No. of Blocks: 2
No. of Storey: 30
Total Units: 156
Built-Up size: 1,378 - 5,963 sf
Unit Types: 3, 3+1-bedroom & 3-bathroom
Loan Calculator
| Loan Margin | 90% | 80% | 70% |
|---|---|---|---|
| Loan Term | 35 Years | 35 Years | 35 Years |
| Interest Rate | 3.6% | 3.6% | 3.6% |
| Down Payment | 10% | 20% | 30% |
| Loan Amount | RM 630,000.00 | RM 560,000.00 | RM 490,000.00 |
| Estimated Monthly Installment | RM 2,640.36 | RM 2,346.99 | RM 2,053.62 |
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.
