Description
Prime Beachfront Commercial Land Tanjung Bungah Freehold 1.55 Ac
Freehold Beachfront Commercial Land – Tanjung Bungah, Penang (1.55 Acres, Approx. RM80mil)
A rare opportunity to acquire a freehold beachfront commercial parcel along Jalan Tanjung Bungah, positioned for property developers and hospitality groups seeking a premium seafront site in Penang.
Land Information
- Freehold
- Land Size: 1.55 acres / 67,335 sq ft
- Zoning: Commercial Title
- Frontage: Main road + beachfront
- Asking Price: RM1,200 psf (Approx. RM80mil) NEGOTIABLE
- Status: Vacant land, ready for development
Ideal for Developers and Hospitality Investors
For Property Developers
Suitable for:-
- High-rise luxury serviced apartments
- Branded residences
- Wellness-themed development
- Mixed-use residential and lifestyle project
Key advantages:-
- Strong expat and professional demand (near Tenby, Dalat, POWIIS)
- Premium selling value from full seaview and hillside view
- Highly marketable coastal location between George Town and Batu Ferringhi
For Hotel Groups
Suitable for:-
- 5-star beachfront resort
- Boutique hotel
- Wellness or medical tourism centre
- Lifestyle retreat or hospitality concept
Benefits:-
- Direct beach access
- High visibility along the main coastal road
- Strong and consistent tourism flow
Unobstructed Views:-
- Full open seaview facing the Andaman Sea
- Coastline view towards Floating Mosque
- Hill and greenery view at the rear
- Strong view premium for mid- to high-rise floors
Strategic Accessibility:-
- 15–20 minutes to George Town
- 10 minutes to Batu Ferringhi
- Located directly on Jalan Tanjung Bungah, a major coastal arterial road
Surrounding Amenities:-
- Tenby International School – 6 mins
- POWIIS – 6 mins
- Dalat International School – nearby
- Lotus’s, Straits Quay, Gurney Plaza – short drive
- Maybank / AmBank – walking distance
- Adventist / Island Hospital – 15–20 mins
- Why This Land Fits RM80mil Buyers
Extremely limited supply of freehold beachfront commercial land:-
- Ideal for signature high-rise or flagship hotel project
- Excellent long-term capital appreciation
- Strong visibility and branding potential
- Highly suitable for major developers, hotel groups, and institutional investors