

RM 88,000,000
67,335 sqft
Size
Freehold tenure
Tenure
An exceptional opportunity to own a piece of Penang’s prestigious coastline. This Freehold Commercial land offers direct beach access and unparalleled development potential in one of the island's most sought-after neighbourhoods.Property Highlights:* Location: Tanjung Bungah, Penang (Beachfront).* Land Area: Total 1.55 Acres (67,335.04 sq. ft.).* Tenure: Freehold.* Zoning: Commercial.* Current Status: Vacant Land.* Price: RM 87,535,000 (Approx. RM 1,300 psf).Strategic Accessibility:The site is situated along Jalan Tanjung Bungah, the primary road connecting major island hubs:* George Town: 15–20 minutes drive.* Batu Ferringhi: 10 minutes drive.* Gurney Drive/Tg Tokong: ~16 minutes (6.7 km from Island Plaza).Surrounding Amenities & Landmarks:The land is nestled within a vibrant community featuring top-tier amenities:* Education: Near Dalat International School and Light House Academy.* Hotels: Neighbouring the Flamingo Hotel and Hotel Mercure Penang Beach.* Convenience: Close to the Tanjung Bungah Morning Market, Food Court, Maybank, and the Main Bus Station.* Attractions: Adjacent to the iconic Floating Mosque and Tanjung Bungah Public Beach.Development Opportunities:* Panoramic Views: Potential to maximise internal and external views of both the sea and the surrounding hillside.* Direct Access: Seamless connectivity to the beach.* High-Rise Context: The site is flanked by prominent developments, including the 35-storey Harmony Residences and the 20-storey Grand Ocean Condominium.Investor's Note: This prime parcel is ideal for luxury hotel developments, high-end beachfront resorts, or an iconic commercial landmark, leveraging its prestigious beachfront position and proximity to international schools.
📍 Tanjung Bungah, Penang
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Francis Ngooi
REAPFIELD PROPERTIES (HQ) SDN. BHD. [ E (1) 0452 ]