Paya Terubong, Ayer Itam
Jalan Paya Terubong, Paya Terubong, Ayer Itam, Penang
Negotiable
RM 41,000,000
4.31
acre
RM 218.38
psf
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About Paya Terubong
4.31-acre Prime Freehold Land for Sale by Tender: Jalan Paya Terubong
Prime Freehold Development Land for Sale by Tender
Jalan Paya Terubong, Penang
Reserve Price: RM41 Million
Tender Closing: 5:00 p.m., Tuesday, 15 September 2026
A rare opportunity to acquire two adjoining freehold land parcels with prominent frontage along Jalan Paya Terubong, offering exceptional visibility, accessibility and development potential. The properties are offered for sale by private tender as a single transaction only.
Land Details
Lot 2490: 17,185.8497 sq m
Lot 1397: 264.6721 sq m
Total: 17,450.5218 sq m (187,835.67 sq ft / Approx. 4.31 acres)
The site enjoys a favourable topography, with a relatively flat frontage that gradually rises towards the rear, providing flexibility for a wide range of development concepts. With no existing plantation, site planning and preparation can be undertaken more efficiently.
Strategically positioned opposite the Paya Terubong Fire & Rescue Station and Permata Sports Complex, the property is surrounded by established residential and commercial developments, ensuring strong demand and long-term growth potential. It is also within close proximity to Penang Hill and Kek Lok Si Temple, two of Penang’s most iconic landmarks.
Accessibility is further enhanced by the Bukit Kukus paired road, providing faster connectivity to Balik Pulau and other parts of Penang Island.
This is an outstanding opportunity to acquire a sizeable, highly visible freehold development site in one of Penang’s fastest-growing corridors.
For further information or to obtain the Tender Document, please contact:
Serena Tan +6***** | p*****@*****
Tender Closing: 5:00 p.m., Tuesday, 15 September 2026.
Jalan Paya Terubong, Penang
Reserve Price: RM41 Million
Tender Closing: 5:00 p.m., Tuesday, 15 September 2026
A rare opportunity to acquire two adjoining freehold land parcels with prominent frontage along Jalan Paya Terubong, offering exceptional visibility, accessibility and development potential. The properties are offered for sale by private tender as a single transaction only.
Land Details
Lot 2490: 17,185.8497 sq m
Lot 1397: 264.6721 sq m
Total: 17,450.5218 sq m (187,835.67 sq ft / Approx. 4.31 acres)
The site enjoys a favourable topography, with a relatively flat frontage that gradually rises towards the rear, providing flexibility for a wide range of development concepts. With no existing plantation, site planning and preparation can be undertaken more efficiently.
Strategically positioned opposite the Paya Terubong Fire & Rescue Station and Permata Sports Complex, the property is surrounded by established residential and commercial developments, ensuring strong demand and long-term growth potential. It is also within close proximity to Penang Hill and Kek Lok Si Temple, two of Penang’s most iconic landmarks.
Accessibility is further enhanced by the Bukit Kukus paired road, providing faster connectivity to Balik Pulau and other parts of Penang Island.
This is an outstanding opportunity to acquire a sizeable, highly visible freehold development site in one of Penang’s fastest-growing corridors.
For further information or to obtain the Tender Document, please contact:
Serena Tan +6***** | p*****@*****
Tender Closing: 5:00 p.m., Tuesday, 15 September 2026.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
FAQs
The selling price for this Agricultural Land is RM 41,000,000.
Jalan Paya Terubong, Paya Terubong, Ayer Itam, Penang.
4.31 acre.
Freehold.
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.
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