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MIEL Kawasan Perindustrian Bayan Lepas

Bayan Lepas, Penang

RM 13,000,000

Property Type

Factory/Warehouse

Listing Type

Auction

Property ID

20260122231258

Listed By

REN: E(1)1589/5
Agency: Gather Properties Sdn.Bhd (E(1)1536)
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Quick Summary

MIEL Kawasan Perindustrian Bayan Lepas is a 2-storey factory and warehouse up for auction in Bayan Lepas, Penang, on the main road of MIEL Bayan Lepas Industrial Park. Leasehold with 11 years left, it has a land size of 65,340 sqft and an estimated built-up area of 49,158 sqft. It is currently tenanted. Auction date is 26/02/2026, priced at RM 13,000,000. Contact the agent for details.

Specifications

Built Up Area

49158

Land Area

65340

Description

2-storey factory/warehouse at the main road of MIEL Bayan Lepas Industrial Park.

Leasehold (left 11years)
Land size 65,340 sqft
Estimated built-up 49,158 sqft
Estimated Ceiling height at warehouse & office 11ft-13ft, Estimated operation area ceiling 25ft-30ft
Power supply to be advised
Currently tenanted to (i) Lazada sorting and distribution centre, (ii) plastic injection moulding company and (iii) another company.

Auction date 26/02/2026

Auction procedure:
- Agent to register e-Auction ID for the bidder.
- Required company registration documents (SSM Form 49 SSM, SSM
Registration Certificate, copy of representative IC/ID, and
representatives letter of authorization/resolution)
- Bidder present proof of 10% bankers cheque/receipt to the auctioner one day before the auction date (3pm cut off).
- Transaction procedure to be completed within 3 month from the date of state consent.
- Foreigner consent required for foreigner director if the company has no local director holding 51% of the company share.
- Legal fee, levy and stamp duty is billed separately by the auction solicitor
- Outstanding assessment bill of the property to be absorbs by the successful bidder

Sharon Wong 017-4111899

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Loan & Insurance Calculator

Estimates only

Rates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.

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MRTA vs MLTA Comparison

Indicative estimates - actual premiums depend on insurer, health & plan
MRTA MLTA
Estimated Premium - -
Payment One-off (usually financed into loan) Monthly / yearly premium
Coverage Reducing - follows loan balance Level - fixed sum assured
Beneficiary Bank (settles the loan) Family (loan settled, balance to family)
Cash Value None / minimal Yes - may have cash value
Transferable Tied to this loan Portable to next property

All figures are estimates for reference only and do not constitute financial advice. Loan approval, interest rates and insurance premiums vary by bank, insurer, age, health condition and coverage chosen. Please consult your banker or licensed financial adviser for exact quotations.

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