41% Below Market
68/100
AI Score
Apartment Bukit Mertajam
Bukit Mertajam, Penang
ApartmentLeaseholdHigh Risk
RM95k
Market: RM160k
Save RM65k
3
Bedrooms
2
Bathrooms
800 sqft
Built-up
Auction Details
Auction Date
Sunday, 28 June 2026
Auction Time
10:00 AM
Venue
Penang High Court
Conducted by
RHB Bank
Property Description
Occupied unit auction. Tenant may need to be managed post-purchase. Significant discount but requires due diligence on possession timeline.
OccupiedRHBDue Diligence RequiredDeep Discount
AI Risk Assessment: High Risk
This auction carries significant risk — likely occupied or with legal complications. Only suitable for experienced investors with legal support.
Auction Buyer Checklist
Request a title search to identify encumbrances before bidding
Prepare 10% of reserve price in cash or banker's cheque on auction day
Balance payment typically required within 90–120 days of auction
Engage a lawyer experienced in auction properties before proceeding
Loan Calculator
Estimate if you could buy a similar unit
Loan AmountRM85,500
Monthly PaymentRM433/mo
Min. Income NeededRM1,313/mo
Total InterestRM70,458
Estimates based on standard BFR. Actual rate depends on your bank and credit profile.