Pulau Tikus, Bagan Jermal, Butterworth

Tenure: Freehold
Bathroom: 5
Car Park(s): 15
Land Size: 10,376 sq.ft.
Tenanted
Set on a generous 10,376 sq. ft. freehold corner plot, this first-grade bungalow sits in one of Penang’s most prestigious addresses—just minutes from Gurney Drive. Offered at RM1,000 psf (≈ RM10.38M) or nearest offer, this is a rare opportunity to secure a sizeable landholding with strong upside in a highly sought-after enclave.

Positioned in the heart of Pulau Tikus, the property enjoys proximity to premium amenities including Gurney Plaza and Gurney Paragon Mall, established medical centres, upscale residences, boutique hotels, and a vibrant mix of cafés and restaurants. The nearby Straits Quay Marina Mall and the upcoming The Andaman Island further enhance long-term growth, with improved connectivity and lifestyle appeal across the coastal belt.

Externally, the property offers a large garden setback and generous frontage, allowing multiple cars to be parked comfortably—a rare advantage in Pulau Tikus. Its prominent corner position along a well-trafficked road ensures excellent visibility, making it highly suitable for business use such as offices, clinics, or boutique establishments. At the same time, the spacious outdoor area and greenery also lend themselves beautifully to a private residential lifestyle for those seeking a prime address with ample space.

The property features dual access (front and side entrances) and is currently configured for office-style use—complete with reception, meeting room, open work areas, pantry, workrooms, and 5 bathrooms. It is well maintained and tenanted at RM13,000+ per month until October 2027, offering immediate rental income.

While held under residential title, the layout and positioning present excellent potential for commercial conversion, making it ideal for boutique offices, medical practices, or high-end business use (subject to approvals). A true blue chip asset in a tightly held neighbourhood—rarely available and highly desirable.