57 Acre Land for Sale in Teluk Bahang, Penang Island - Hotel/Resort Potential
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Financial Details
- Asking Price:
- $7,400,000
- Cash Flow / SDE:
- $7,400,000
- Profit Metric:
- Asking Price
- Valuation Multiple:
- 1.0x
- Location:
- Teluk Bahang, Penang, MY
- Source:
- Date:
- September 15, 2025
Key Highlights
Prime 57-acre land parcel in the sought-after Teluk Bahang area of Penang Island.
Ideal for hotel or resort development, offering significant potential in a tourist hotspot.
Combination of freehold (20 acres) and leasehold (37 acres) land provides flexible development options.
Description
This listing presents a significant land opportunity in Teluk Bahang, Penang Island, Malaysia. The parcel spans 57 acres, comprising 20 acres of freehold land and 37 acres of leasehold land. The property is zoned or suitable for hotel and resort development, making it an attractive prospect for investors and developers looking to capitalize on Penang's tourism appeal. Located in a desirable tourist spot, this undeveloped land offers a blank canvas for creating a premier hospitality or leisure destination. The asking price for this substantial land holding is $7,400,000 USD.
Industry Information
- Industry Description:
- Hotel / Resort
- Classification:
- Entertainment & Recreation
Real Estate & Lease
- Status:
- Undeveloped Land
- Real Estate Price:
- $7,400,000 USD
Listing Details
- Listing ID:
- e7c3d8af-cfbe-47bd-a2f2-fb7b57be28ac
- Deal Status:
- For Sale
- Date Posted:
- May 20, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD
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