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Prime Freehold Land One Acre Simpang Ampat Penang

Simpang Ampat, Penang

RM 1,700,000

Property Type

Residential Land

Listing Type

Sale

Property ID

20260429002431

Listed By

REN: 31870
Agency: LEGACY REAL PROPERTY E 1(1)925
Phone: 0132116061
WhatsApp

Specifications

Tenure

Freehold

Land Area

60984

Built Up Area

60984

Bumiputera Lot

No

Postcode

14100

Negotiable

Yes

New Launch Units

-

Title Type

Individual

Land Title Type

Unknown

Occupancy

Vacant

Unit Type

Intermediate

Year Built

Before 2000

The Edge Headline

Prime Freehold Flat Land One Acre Simpang Ampat Penang Near Main Road

Township

Simpang Ampat

Address

Simpang Ampat, Pulau Pinang

Property Guru Township

Taman Iks Simpang Ampat

Property Guru Area

Simpang Ampat

Description

Prime Freehold Land 1.4 Acre Simpang Ampat Penang

Strategic freehold land in Simpang Ampat with strong growth potential and excellent accessibility. Suitable for developers, investors or business owners looking for long-term capital appreciation and high-yield development opportunity.

Property Details:
Freehold (Non-Bumi)
Land Size: 1.4 Acres (Approx. 60,984 sqft)
Flat and usable land

1st Grade land

Ready access with reserved road
Approximately 200 meters from main road
Electricity infrastructure available
Suitable for residential, commercial or light industrial development

Location Advantages:
Strategic location in Simpang Ampat, Penang
Easy connectivity to main roads and highways
Growing township with increasing demand
Surrounded by residential areas and commercial activities
Near industrial zones and business hubs
Strong rental and resale potential

Investment Highlights:
Rare freehold land in high-demand Penang area
Below market entry for developers and investors
Flexible development potential
High appreciation upside due to rapid area growth
Suitable for immediate planning or land banking

Asking Price:
RM1,700,000 (Negotiable)

This is a solid opportunity for serious investors looking for strategic land with strong fundamentals and future upside in Penang.

Contact now for more details, site viewing and proposal discussion.

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Loan & Insurance Calculator

Estimates only

Rates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.

10%

Monthly Instalment

-

Loan Amount

-

Total Interest

-

MRTA vs MLTA Comparison

Indicative estimates - actual premiums depend on insurer, health & plan
MRTA MLTA
Estimated Premium - -
Payment One-off (usually financed into loan) Monthly / yearly premium
Coverage Reducing - follows loan balance Level - fixed sum assured
Beneficiary Bank (settles the loan) Family (loan settled, balance to family)
Cash Value None / minimal Yes - may have cash value
Transferable Tied to this loan Portable to next property

All figures are estimates for reference only and do not constitute financial advice. Loan approval, interest rates and insurance premiums vary by bank, insurer, age, health condition and coverage chosen. Please consult your banker or licensed financial adviser for exact quotations.

Nearby Places

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Map data © OpenStreetMap contributors. Approximate location based on property name and area.

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