FOR SALE – PRIME COMMERCIAL DEVELOPMENT LAND WITH APPROVED 22-STOREY CONCEPT Jalan Burmah, Georgetown, Penang An exceptional opportunity to acquire a strategically located commercial development site in the heart of Georgetown, Penang. The property comes with a proposed commercial studio development concept and planning approval for a 22-storey mixed-use project. Property Details Location : Seksyen 4, Bandar Georgetown, Daerah Timur Laut, Pulau Pinang Tenure : Freehold Land Area : 2,077 sq.m (22,357 sq.ft) Zoning : Commercial Approved Development Concept : 1 Block Commercial Building 22 Storeys Ground Floor Retail Spaces Serviced Apartment / Commercial Studio Roof Garden & Lifestyle Facilities Multi-level Car Parks Planning Highlights Maximum building height approved : 22 Storeys Plot Ratio : Up to 5:1 (subject to planning conditions) Approximate Allowable Built-up Area : 111,784 sq.ft Proposed 254 Commercial Studio Units Estimated Retail & Commercial Shop Lots 156 Car Park Bays Proposed Development Potential Suitable for: Serviced Apartment Commercial Studio Suites Boutique Hotel Mixed Commercial Development Investment Holding Asking Price : RM69,000,000 (Negotiable) A rare opportunity to secure a prime freehold commercial redevelopment site within the established Jalan Burmah growth corridor, surrounded by premium residences, medical centres, retail amenities and Georgetown’s vibrant commercial district.