Batu Ferringhi Residential Land 6 Acre For Sale

The site consists of some steep  slopes lying on elevated grounds and driving distance to the beach. Previously approved to build 19 villa bungalows & only allowed 4 units per acre but now due to stringent guidelines, MBPP not allowing because the subject site with parts of the land of Class 3 & 4 slopes. Buyer buy the subject site with beautiful view of the Andaman Sea consisting of 29  plots of vacant lands on a "as is where is basis" without the PM and asking price have been reduced from RM42mil to RM33.9mil. Hopefully , in the near term, the State Govt of Penang will later on change the guidelines to allow to do so. Suitable for buyer buy the subject site to hold as investment for future property development.

According to the Annual Global Retirement Index (2024), Malaysia has been named one of the top ten retirement destinations on the earth. Luxury retirement homes are on the rise in Malaysia. The subject site is potential for future Luxury Retirement Villas development.

Dear property buyer, this is a special-land listing direct with owner, foreigner buyer [Singapore/ Indonesia/Thailand/Hong Hong/China/Japan/Australia & others local luxury land buyers] welcome to make an appointment for an exclusive site-viewing. Must View! Don't Miss! For convenient communication, foreigner buyer please whatsapp [+6019 322 8086] your company name card and via whatsapp easy communicate to each other.

Land Wante...

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