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6 Images
-27%
2 Storey Terrace House, Intermediate

Freehold
Property Address
No. 110, Jalan Raintree 6, Villa Raintree II, 14120 Simpang Ampat, Penang
Land Area
Approx. 1,324 sq.ft
Reserve Price
RM 386,370.00 (Approx. RM 291 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.)
  • Gated & Guarded Community
  • 5 min to Pearl City Mall
Property Highlights

✔ Low-density development
✔ Surrounded by established residential and commercial areas
✔ Short distance to AEON Mall Bukit Mertajam
✔ Close to Sungai Bakap Hospital
✔ Near GEMS International School & SMK Bandar Tasek Mutiara
✔ Easy access via North–South Expressway & Second Penang Bridge

Auction Details

Reference No.
NCM/PBB/64445
Plaintiff / Assignee
Public Bank Berhad
Defendant / Assignor
Auction Date & Time
9th December 2025, Tuesday, 3:30 PM (Lot 7)
(Registration will close at 5:00 PM, one (1) working day before auction date)
Auction Venue
www.ngchanmau.com
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Why buy Raintree Park 2, Simpang Ampat

Property Details:
Name: Raintree Park 2
Location : Pearl City, Simpang Ampat, Penang
Developer : Tambun Indah Sdn Bhd
Tenure : Freehold
Total units : Above 400 units (including duplex villas)
Total land to be developed : 1,086 acres
Year due for completion : End 2018 (Raintree Park 2)
Loan Calculator

Down Payment
10%

RM 1,457.37
per month
RM
RM
%
Years
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 347,733.00 RM 309,096.00 RM 270,459.00
Estimated Monthly Installment RM 1,457.37 RM 1,295.44 RM 1,133.51
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  • For intending bidders, please call our hotline for latest auction status as auction may be withdrawn / called off at last minute.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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