Georgetown, Penang

For SALE MYR 16,200,000 @ MYR 600/sqft
Tenure: Freehold
Bedroom: 3
Bathroom: 4
Land Size: 27,000 sq.ft.

WhatsApp: 016414_6788

A rare opportunity to acquire a substantial freehold landholding in one of Penang Island’s established residential enclaves. Set on approximately 27,092.77 sq. ft. of land along Scotland Road, this charming bungalow offers a combination of space, greenery, privacy and long-term investment potential.

The property features a two-storey main house with three en-suite bedrooms and four bathrooms in total, complemented by a separate smaller single-storey house suitable for storage or ancillary accommodation, together with an attached garage. Both houses are surrounded by mature, established gardens, creating a tranquil setting that is increasingly uncommon in such a central location.

Conveniently located near Penang Turf Club, Penang Sports Club, The Botanical Gardens and The Heritage Club, the property is within comfortable driving distance of Pulau Tikus, George Town city centre, Green Lane and major road connections towards Penang Bridge. Its strategic position offers the appeal of an established neighbourhood with convenient access to the island’s commercial, recreational and lifestyle destinations.

Beyond its residential charm, the substantial landholding offers exciting long-term investment potential. Buyers may explore applying for commercial conversion or proposing a higher-density development, potentially including a high-rise project, subject to planning approval and the relevant authorities’ requirements.

Asking Price: RM16.2 Million