Built up area: 700sq.ft 
Top floor
3 bedrooms, 2 bathrooms
Freehold 

For more information or viewing, please contact Vanessa Cheong at 012-4872555, thank you

Vanessa Cheong

Taman Sri Setia for sale near TAR college in Tanjung Bungah, Penang

Freehold

Land area: 1,400sq.ft.
Built up area: 2,800sq.ft.
4+1 bedrooms, 4 bathrooms
Renovated & well maintained 
Freehold

For more information or viewing, please contact Vanessa Cheong at 012-4872555, thank you

Hillview Garden gated 3 storey terrace  for sale in Tanjung Bungah, Pg

📐 Land Area: 163 sqm (≈1,755 sq.ft.)
📄 Tenure: Leasehold (till Year 2100)
🏭 Property Type: 1.5 Storey Light Industrial Factory
💼 Status: Currently Tenanted (RM5,500/month) – Sale with Tenant
💵 ROI: ≈ RM156,000 per year (~10.5% annually, historical basis)
📊 Value & Appreciation: Proven ~7.8% CAGR over 20 years (≈ RM90,000 average annual value growth)

✨ Property Highlights:

Prime location in Fortune Park, Sungai Pinang, a well-established light industrial hub in Penang.

Suitable for light industrial, warehousing, logistics, and SME operations.

Functional 1.5 storey layout – efficient for office, production, and storage.

Immediate rental income from secured tenant (RM5,500/month).

Upcoming Penang LRT station (George Town – Komtar – Penang Industrial Corridor) nearby, enhancing connectivity and capital appreciation.

Excellent access via Jelutong Expressway (Tun Dr. Lim Chong Eu Expressway), George Town, and Penang Bridge.

📊 Value & Appreciation:

✅ Consistent demand and price growth in Fortune Park.

✅ Historical CAGR of ~7.8%, equivalent to ~RM90,000 annual value growth.

✅ Outperformed comparable industrial properties in surrounding areas.

💵 ROI Snapshot:

Current Rental Income: RM5,500/month (RM66,000/year)

Gross Rental Yield: ≈ 2.65% per annum (based on RM2.49M asking price)

Capital Growth (Historical): ≈ RM90,000 per year (~7.8% CAGR)

Total Investment Return Potential (Yield + Growth): ≈ RM156,000 per year (~10.5% annually, historical basis)

Rare opportunity to secure a Fortune Park factory with long leasehold tenure, strong rental yield, and excellent capital appreciation potential.

For more information or viewing, please contact Vanessa Cheong at 012-4872555, thank you.

Fortune Park 1.5 Storey Light Industrial for sale in Sungai Pinang, Pg

Leasehold

Hill land
Land area: 25,800sq.ft.
With seaview
Freehold

For more information or viewing, please contact Vanessa Cheong at 012-4872555, thank you

Pearl Hill Bungalow Land for sale in Tanjung Bungah, Penang

Built up area: 2,400sq.ft 
5 bedrooms, 5 bathroom
Newly renovated & fully furnished 
With 2 car parks

For more information or viewing, please contact Vanessa Cheong at 012-4872555, thank you

Jambul Heights for sale in Bukit Jambul, Penang

Built up area: 750sq.ft.
3 Bedrooms
2 Bathrooms
1 Carpark
Freehold

For more information or viewing, please contact Vanessa Cheong at 012-4872555, thank you.

Taman Jubilee Phase 5, Block 29 for sale in Sungai Dua, Penang

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Vanessa Cheong

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