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For Sale
MIEL Kawasan Perindustrian Bayan Lepas
Bayan Lepas, Penang
RM 13,000,000
Property Type
Listing Type
Property ID
20260122231258
Location
Listed By
WhatsAppSpecifications
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
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
Loan & Insurance Calculator
Estimates onlyRates: 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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