A rare opportunity to acquire a large contiguous landbank comprising TWO (2) PARCELS of development potential agricultural land strategically located along Jalan Tasik, Simpang Ampat, Penang.

LAND DETAILS:

• Total Land Area: 108.77 acres (~4,738,000 sq ft) 

• Configuration: Two (2) parcels forming a sizeable contiguous tract

• Tenure: Predominantly Freehold (with minor leasehold portion)

• Zoning: Agricultural (strong potential for conversion)

• Topography: Generally flat to gently undulating

• Current Use: Oil palm (vacant development land characteristics)

LOCATION & STRATEGIC ADVANTAGE:

• Fronting / accessible via Jalan Tasik (main road access)

• Near Simpang Ampat town and established residential catchment

• Close proximity to rail infrastructure (Double Track Project)

• Within growth corridor linking Batu Kawan / Bukit Tambun / Nibong Tebal

• Surrounded by ongoing industrial, residential & township developments

• Approx. 40 mins to Penang International Airport 

DEVELOPMENT POTENTIAL:

✔ Large-scale township

✔ Industrial park / logistics hub

✔ Mixed-use master development

✔ Landbank for future appreciation

ASKING PRICE: RM90 PSF

TOTAL: ~RM426.4 MILLION

KEY SELLING POINT:

A rare >100-acre contiguous land offering in a rapidly developing mainland corridor — ideal for developers seeking scale, connectivity, and long-term upside.

ASSET COMPOSITION (MULTIPLE TITLES): (Full list available upon request)

The subject land comprises extensive combined lots across Mukim 1 & Mukim 15, Province Wellesley South, including but not limited to:

• Mukim 1: Lot Nos. 245, 246, 423, 703, 705 & 706

• Mukim 15: Lot Nos. 65, 66, 67, 68, 69, 70, 95, 96, 101, 102, 103, 1034, 1036, 1038, 1040, 1077, 1078, 1415, 1416, 1417, 1419, 1501, 1502, 1506, 1507, 1510, 1511, 1512, 1514, 1515, 1516, 1517, 1519, 1522, 1523, 1541, 1542, 1664 & 1665