Exquisite 2.7-acre Coastal Estate Offering Breathtaking Seaviews in Gertak Sanggul

Property details

About the listing

SALE MYR 12,900,000. (MYR 109/sq.ft)
Title: Freehold
Bedroom: 4
Bathroom: 4

Land Area: 117,951 sq.ft.Introducing the captivating 2.7-acre FREEHOLD seaview estate in Gertak Sanggul, a hidden gem nestled along the tranquil shores of Southwest Penang island. This unique property offers a serene escape, boasting quiet coves and breathtaking views of Kendi Island and the Straits of Malacca.

Ideal for those seeking both tranquility and convenience, this estate is strategically located close to key tourism and transport centers, yet offers a secluded haven to enjoy the beauty of nature. The main house, a 4-bedroom bungalow with 4 bathrooms, was artfully designed by Derek David, renowned architect of the Bayan Lepas Industrial Estate Development. 

There are two gated entrances leading to two paved roads that ascend to the estate, providing convenient access and enhancing the property's exclusivity and privacy. Nestled adjacent to a serene beach, this estate offers the perfect blend of coastal charm and luxury living.

With the potential to hold for appreciation or generate income, this property presents a versatile opportunity for commercial developers, retirees, or private investors. The flexible layout allows for the creation of 6-8 luxury homes, each offering a unique blend of comfort with elegance and their own nature niches.

The property currently comprises two titles. Recent enhancements include the conversion of title deeds from agriculture to residential use, substantial land development works, and the creation of six construction-ready lots (subdivision has not been done as the new owner may prefer to keep the property as is). These lots are thoughtfully designed to preserve the stunning sea views while providing options for residential mansions or multiple home units suitable for timeshare or Airbnb rental.

Moreover, the estate is managed and maintained by dedicated local caretakers, ensuring its pristine condition and security for generations to come.

Nestled in a tranquil yet strategically advantageous location, this estate exudes charm and promises exceptional value appreciation. Its allure is further heightened by its proximity to the exciting new Silicon Island project, recently approved by the council. Spanning 2,300 acres with a decade-long reclamation plan, this development will not only host the LRT depot on 60 acres but also boast a Green Tech Park and Heart of the Island, poised to drive economic growth and offer a fresh tourism experience.

Additionally, its close proximity to Penang International Airport, Penang Bridge 2nd Link, Teluk Bahang, Balik Pulau, and the Bayan Lepas Free Trade Zone adds to its charm, making it an irresistible investment opportunity.

For further information and insights on development options, we invite you to reach out to us. Don't miss the opportunity to explore this remarkable seaview estate – contact us today to schedule a viewing or learn more about this exceptional property. Asking price MYR 12.9M on an "as is" basis.

Mortgage Calculator

Property price

Loan term

year

Down payment

%

RM 0

Down payment

%

RM 0

Loan term

year

Rate of interest

%

AFFIN Home Step Fast/i benefits

Low daily
interest

Lower commitments for the first 5 years

Save interest with advance payment

Redraw facility

Apply now

Save RM 0

Your payment with
AFFIN Home Step Fast/i will beRM 0/month

---

Save up to RM 0 in 5 years with
AFFIN Home Step Fast/i home financing solution.
FIND OUT MORE

Your payment for a
conventional loan will be

RM0 /month

RECALCULATE

AFFIN Home Step Fast/i

AFFIN Home Step Fast/i benefits

Low daily
interest

Lower commitments for the first 5 years

Save interest with advance payment

Redraw facility

Apply now