Coastal Serviced Apartments in Penang

Rare Institutional-Grade Opportunity: En-Bloc Coastal Acquisition in Penang

Looking for a high-yield, defensive asset for your portfolio? We are pleased to present an exclusive RM220 Million en-bloc (1 Block) opportunity in the prestigious Tanjung Bungah enclave, Penang.

This freehold tower is strategically engineered for the high-growth hospitality and expatriate rental markets.

The Portfolio at a Glance

* Asset Type: 206 Freehold Serviced Suites (Commercial Title)

* Total Value: RM220,000,000

* Location: Prime Tanjung Bungah frontage, Penang

* Status: Completion Estimated Q4 2029

Why This Asset?

* Defensive Value: Rare freehold tenure in a land-scarce, premium coastal location.

* Lifestyle Integration: Features a sea-view pool, sky bar, and luxury lifestyle podium.

🔒 Confidentiality & Negotiation

To maintain the integrity of this exclusive transaction, an NDA and Letter of Interest (LOI) are required prior to the release of the Information Memorandum (IM).