Tanjung Tokong

Prime Commercial Land in Tanjong Tokong – Rare Development Opportunity

Introducing a highly sought-after parcel located in the heart of Tanjong Tokong, one of Penang’s most vibrant and rapidly growing commercial corridors. This freehold commercial land spans 20,500 sqft, offering a generous layout with a square-shaped and flat profile, making it extremely efficient and cost-effective for future development planning.

Positioned directly along the main road, the land enjoys strong visibility and continuous traffic flow from both locals and tourists. Tanjong Tokong is surrounded by established landmarks such as Gurney Drive, Straits Quay, waterfront developments, international schools, luxury condominiums, and matured residential communities. This ensures a strong population catchment and consistent demand for commercial, lifestyle, and hospitality components.

The land carries exceptional development potential, supported by an approved building plan for a 20+ storey structure. This opens the door for a wide range of high-value projects, including mixed-use developments, serviced suites, hotel towers, Grade A commercial spaces, or a landmark retail building. Its strategic location and zoning flexibility make it suitable for investors or developers looking to create a signature project in a prime growth area.

With its rare attributes, high exposure, and ready approvals, this Tanjong Tokong commercial land stands as one of the most attractive development opportunities in Penang.

Asking Price: RM 32 million (Negotiable)

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Upland Realty CK Ong (REN33136)
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