Bukit Bendera, Ayer Itam
Penang Hill (Bukit Bendera), Penang Hill (Bukit Bendera), Bukit Bendera, Penang
RM 22,000,000
10
acre (land)
RM 46
psf (land)
Property details
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About this property
Agriculture land for Sale
The subject property located on the Penang Hill is comprised of a total of five lots (nos. 9, 11, 12, 115 & 116), totalling up to circa 10.9 acres. For sale MYR 22M (circa MYR 48 per sqft) o.n.o.
Rises in between heights 300 to 400 meters above sea level. Located at mid-levels of Penang Hill.
Freehold tenure — extremely rare as majority of lands at Penang Hill Summit are leasehold.
Sited in between the Moniot Road and Point 84 rest area. Approximately 5 minutes to reach the top of Penang Hill. Accessible from two routes and hiking trails.
Circa 5 minutes to reach Penang Botanical Gardens.
The most ideal route is via JKR Jeep Track Road (circa 5 minutes drive from Penang Botanical Gardens). The land has DIRECT ACCESS from JKR Jeep Track Road. Development of road access (for 4-wheel drive) is most ideal from the site in between Moniot Road and P84 from JKR Jeep Track Road.
Remains of kitchen and stairs of former dwelling is sited on the subject land — it is permissible to build a house around the blue-print of the former dwelling.
Ideal for eco-tourism project, agricultural use or as a personal holiday home. An orchard by nature — ideal as a plantation-agricultural land.
Breathtaking views of the Air Itam city, George Town and the Penang Bridge. 5-10min walk from the subject property and you'll find the The Golden Stupas of Penang Hill.
Important to note that leasehold lands on Penang Hill are due for renewal in 2027 and current renewal leases for 99 year tenure are ranging between approx. MYR 80-110/sqft.
Rises in between heights 300 to 400 meters above sea level. Located at mid-levels of Penang Hill.
Freehold tenure — extremely rare as majority of lands at Penang Hill Summit are leasehold.
Sited in between the Moniot Road and Point 84 rest area. Approximately 5 minutes to reach the top of Penang Hill. Accessible from two routes and hiking trails.
Circa 5 minutes to reach Penang Botanical Gardens.
The most ideal route is via JKR Jeep Track Road (circa 5 minutes drive from Penang Botanical Gardens). The land has DIRECT ACCESS from JKR Jeep Track Road. Development of road access (for 4-wheel drive) is most ideal from the site in between Moniot Road and P84 from JKR Jeep Track Road.
Remains of kitchen and stairs of former dwelling is sited on the subject land — it is permissible to build a house around the blue-print of the former dwelling.
Ideal for eco-tourism project, agricultural use or as a personal holiday home. An orchard by nature — ideal as a plantation-agricultural land.
Breathtaking views of the Air Itam city, George Town and the Penang Bridge. 5-10min walk from the subject property and you'll find the The Golden Stupas of Penang Hill.
Important to note that leasehold lands on Penang Hill are due for renewal in 2027 and current renewal leases for 99 year tenure are ranging between approx. MYR 80-110/sqft.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
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RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
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FAQs
The selling price for this Agricultural Land is RM 22,000,000.
Penang Hill (Bukit Bendera), Penang Hill (Bukit Bendera), Bukit Bendera, Penang.
10.9 acre.
Freehold.
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