# Development Land 60,439sf at Penang Hill in Penang Island, Ayer Itam
| PROPERTY OVERVIEW | |
| ----------------------- | -------------------------------------------------------------------- |
| **Title** | Development Land 60,439sf at Penang Hill in Penang Island, Ayer Itam |
| **Address** | Penang Hill, Ayer Itam, Penang |
| **Price** | RM 12,087,800 (_Negotiable_) |
| **Is Verified Listing** | No |
| **sqft** | 60,439 |
| **psf** | RM 200.00 |
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- **sale-501146638**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986325.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Funicular train dropoff point - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986334.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Walkway to the Land - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986339.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986343.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986347.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986350.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986354.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986357.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986359.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986360.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986361.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Garden - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986386.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986387.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986388.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986389.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986393.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986396.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - View - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986400.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - View - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986404.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Claremont Station - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986409.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Railway - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986413.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - Funicular train waiting platform - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501146638/UPHO.378986362.V800/Development-Land-60-439sf-at-Penang-Hill-in-Penang-Island-Ayer-Itam-Malaysia.jpg "Others for Sale in Ayer Itam, Penang by ST Lim - iProperty.com.my")
---
## Property details
- Others for sale
- Freehold tenure
- Listed on 22 Jun 2026
- Listing ID - 501146638
- 60,439 sqft land area
- RM 200.00 psf (land)
- Not tenanted
- Individual title
- Not Bumi Lot
## About Development Land 60,439sf at Penang Hill in Penang Island
> Prime Development Land 60,439sf on Penang Hill, Penang Island
For Sale:
Attractive single plot of development land located on Penang Hill in Penang Island.
- Freehold, First Grade
- Land area: 5,615sqm or 60,439sf or 1.39 acres
- Elevation: 450m above sea level
- Gentle land gradient, perfect for a private retreat or a holiday resort, etc.
- Access via funicular train from Penang Hill Lower Station to Middle Station OR
- Alternatively, reach by 4-wheel drive along the tar road from Botanical Garden, which is a longer trip.
- Just a 5-minute walk to the land after exiting the funicular train at Penang Hill Middle Station.
- The property is well-kept and boasts a stunning view of Georgetown, Komtar Tower, and Penang Bridge.
- Utilities such as electricity and water are available for immediate connection.
- Calling facility at Middle Station is available for summoning the funicular train to ascend/descend Penang Hill from the land.
- Asking Price: RM200psf or RM12.0mil negotiable.
Interested parties, please reach out to:
ST Lim (Agent: REN04047)
Mobile:
Pen Properties, E(3)1400
## Property Agent
- **Name**: ST Lim
- **Agency**: PEN PROPERTIES [ E (3) 1400 ]
- **Profile**: [https://www.iproperty.com.my/property-agent/st-lim-490632/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/st-lim-490632/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 12,087,800.
#### Where is the unit located?
Penang Hill, Ayer Itam, Penang.
#### Is the property freehold or leasehold?
Freehold.
#### How can I estimate my monthly home loan repayment?
You can estimate your monthly home loan repayment based on the property price, loan amount, interest rate, and financing tenure. To get a better idea of affordability, use the iProperty Mortgage Calculator here.
## Explore other options in and around Ayer Itam
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#### Others for Sale
- [In Ayer Itam](https://www.iproperty.com.my/other-commercial-properties-for-sale/in-ayer-itam-pyg2j "In Ayer Itam")
- [In Penang](https://www.iproperty.com.my/other-commercial-properties-for-sale/in-penang-5qvq6 "In Penang")
- [Under 20M RM](https://www.iproperty.com.my/other-commercial-properties-for-sale/in-ayer-itam-pyg2j/priced-under-20m-rm "Under 20M RM")
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