Malaysia-Penang-Land For Sale
DEVELOPMENT LAND, RESIDENTIAL LAND, HOUSING LAND, AGRICULTURE LAND, INDUSTRIAL LAND, ESTATE LAND, ORCHARD LAND, FARM LAND, ETC.
--------------------------------------------------------------------------------------------------------------------------
Land For Sale-Penang-Malaysia
Penang Land For Sale
Best Group (mm2h) Sdn Bhd offers premium development land for sale in Penang including mainland. Our Mission is to provide You the finest quality of Development Land available in Penang at reasonable price. Our Priority is You as a satisfied customer and owner. We value and appreciate genuine buyers, along with reputable agents, schedule a meeting with us to find out more.
We cover almost entire Penang land for sale that is currently available, including all types of land Pricing range is from RM 2 per square foot to RM1500 per square foot. Land Size from 0.2 acres to 1000 acres. As we also know the importance of land tenure to the success of a development project, all land listed by us are freehold rather than leasehold. Visit our listing browser or table listing to find out more or contact our land agents to look for more information.
Know More About Penang
“Small is Beautiful” – this proverb works out appropriately for Penang. As the second smallest state in Malaysia, spreading over only 1,031 sq. km (293 sq. km on Penang Island and 738 sq. km on Mainland-Penang); Penang is the top 3 most developed and industrialized state in the country. In reality, land is scarce here, it is hard to find quality land for investment but we will do all the hard work for you, we thoroughly screened through and only offer a handful of premium Penang land for sale, find out more in our listing browser.
The number of population in Penang grew from 1,064,166 (year 1991) to 1.5millions (year 2010) and it still continues to grow. It is the highest population density state in Malaysia, this has limited usable lands for development as major part of the Island is under conservation and classified as environmentally sensitive areas ie. hill lands, forest reserves and water catchments areas.
Over the past decade, investors have been pouring in to develop Penang – Tanjung Bungah, Tanjung Tokong (TESCO, Straits Quay), Bayan Lepas (Queensbay Mall) etc. Investments & business valuation soared up even higher for the last 5 years. Recently, Penang 2nd Bridge has launched in conjunction with announcement of IKEA that has just bought 99.15ha (245 acres) of land in Batu Kawan. Invest today in the scarcity of land and grow your assets. If you have never invested in a land before, you might want to read this – How to buy land in Malaysia
if you are serious genuine buyer .need more land info.please contact:
Mr Mk Kung (Malaysia Land Exclusive Agent)
| Id no. | Land location | Selling Price | price p.s.f | Land acres | Size (sqf) | Property-Land-Remark |
|---|---|---|---|---|---|---|
| 2331 | AIR ITAM | RM7.997.616 | RM27.00 | 6.8 acres | 296,208 | bukit bendera.behind penhill condo |
| 4668 | AIR ITAM | SOLD | 20900sf | near market .development land | ||
| 1003 | AIR ITAM | RM27.019.020 | RM46 | 1.03acres | Along Road side-flat | |
| 3582 | JALAN AMPANG | RM429.501.600 | RM2900 | 3.4 acres | 148,104 | COMMERCIAL Land.Along main road.can approved for 50 storey building |
| 3361 | AIR ITAM | SOLD | RM150 | 1.2 acre | Bungalow lot | |
| 3148 | AIR ITAM | SOLD | RM220 | 5000sf | land with old bungalow | |
| 4401 | AIR ITAM | 24.090.000 | RM550 | 43800 sf | near turf club | |
| 1910 | AIR ITAM | SOLD | RM400 | 21000 sf | development land at main road. | |
| 2978 | AIR ITAM | RM2.400.000 | RM400 | 6000sf | Residential land.With Old Nyonya Bungalow house | |
| 3764 | AIR ITAM | RM 9.931.680 | RM 60 | 3.8 acres | walking distance kek lok si.nice view | |
| 3910 | JALAN WATERFALL | SOLD - DEPOSIT 9/5 | RM | JALAN WATERFALL.PULAU TIKUS .NEAR GURNEY DRIVE.TANJUNG TOKONG | ||
| 2698 | BALIK PULAU | RM 65.340.000 | RM25 | 60acres | 2613600 | tar road leading to land.majority flat with minor slope |
| 3579 | BALIK PULAU | RM10.367.280 | RM35 | 6.8 acres | 296208 | 1st grade land.beside main road.near market and bus terminal |
| 1752 | BAYAN LEPAS TELUK KUMBAR | RM24.393.600 | RM14 | 40 acres | 1742400 | Durian tree x 100 coconut tree x 600.Nice View.Seaview.1st grade. Ideal used for holiday resort.with licence company.pls call more info |
| 2756 | BALIK PULAU | RM 356.146.560 | RM28 | 292 acres | 12719520 | with 2 island. fully seafront land.freehold .for new township and hotel resort world |
| 3798 | BALIK PULAU | SOLD | RM | 2.acres | 1st Grade land | |
| 2589 | BALIK PULAU | RM6,272,640 | RM16.00 | 9.00 acres | 392,040 | agriculture land |
| 4567 | BALIK PULAU | RM4.878.720 | RM16.00 | 7 acres | 7acres Orchard 20% flat, 80% on slope with clean stream Legal access Freehold | |
| 4399 | BALIK PULAU | SOLD | RM | 12 acres | 1st grade Orchard Land. | |
| 2565 | BALIK PULAU | RM5,559,000 | RM17.00 | 7.5 acres | 326,700 | durian estate 300m above sea level, panaromic view, ideal for holiday resort. -Freehold |
| 3752 | BALIK PULAU | RM3.528.360 | RM27.00 | 3 acres | 130680 | sungai burung .small tar road.agriculture flat land |
| 4672 | BALIK PULAU | Deposit 11/1/15 SOLD | RM45 | 4.07 acres | 177290 | town land.parcel 2. behind market.currently durian firm |
| 3789 | BALIK PULAU | SOLD | RM18.00 | 6008sf | sungai rusa.road side | |
| 2133 | BALIK PULAU | RM64.033.200 | RM30 | 49acres | 2134440 | Nice land at Air Putih,ukim 4, Balik Pulau, Penang. Already got existing excess road |
| 3832 | BALIK PULAU | SOLD | RM20.00 | 2 acres | 87120 | near botanical project |
| 0156 | BALIK PULAU | RM 5.700.000 | RM | 14.75acres | 642510 | near hakka villa.with nice penang top view.durian with rubber estate |
| 2372 | BALIK PULAU | RM43.125.000 | RM60 | 16.5 acres | 718.740 | argcultural land near road side |
| 2503 | BALIK PULAU | RM3,886,000 | RM58.00 | 1.56 acre | 67,000 | 1.56 acrea, by the road approx. 67,900sf |
| 2594 | BALIK PULAU | RM3,950,000 | RM23.00 | 3.90 acres | 169,000 | 350m from seaside. Nice resort environment |
| 2584 | BALIK PULAU | SOLD | RM45.00 | 1.07 acre | 46,600 | 1st grade vacant land, road frontage rm45psf |
| 5290 | BALIK PULAU | RM 9.800.000 | RM | 18 acres | orchard land with durian tree | |
| 4011 | BALIK PULAU | RM 11.500.000 | RM | 30 acres | orchard land.durian farm | |
| 3462 | BALIK PULAU | SOLD | RM 12 | 2.2 acres | Pulau Betong Mainroad frontage, 1st Grade land, Freehold. | |
| 3463 | BALIK PULAU | SOLD | RM15 | 42000sf | Pulau betong | |
| 2108 | BALIK PULAU | RM 5.900.000 | RM50 | 2.7 acres | road side | |
| 1479 | BALIK PULAU | SOLD | RM27 | 1.3acres | near road side.behind housing project | |
| 2153 | BALIK PULAU | SOLD | RM70.00 | 1.83 acres | 797148 | main road side |
| 1621 | BALIK PULAU | RM3,685,000 | RM17.00 | 4.70 | 204,732 | 4.7acre agriculture, vacant flat land permatang pasir 1.5km from main road through mini tar road, currently coconut trees n bushes. Cheap land RM18.00 psf |
| 1683 | BALIK PULAU | RM2,880,000 | RM72.00 | 1 acre | 40,000 | land with single storey bungalow, size 1 acre |
| 3378 | BALIK PULAU | RM15,000,000 | RM29.00 | 11.80 | 517,241 | balik pulau cheap land |
| 2470 | BALIK PULAU | RM1,955,900 | RM40.00 | 48,898 | flat land near road 3 min. walk to pekan genting near ta tong primary school | |
| 2890 | BALIK PULAU | RM3,920,000 | RM14.00 | 6.00 acres | 261,360 | agriculture land -fruits |
| 3796 | BALIK PULAU | SOLD | RM112.00 | 1.42 acres | 62,000 | Near air putih |
| 3605 | BALIK PULAU | RM | RM | |||
| 3809 | BATU FERRINGHI | SOLD | RM186.00 | 1 acres | 43,000 | |
| 2460 | BATU FERRINGHI | RM 65.906.280 | RM170 | 8.9 acres | 387684 | Seafront land.road side.panoramic seaview |
| 0496 | BATU FERRINGHI | RM50,000,000 | RM73.00 | 15.69 acres | 679,928 | Development land in Batu Feringghi 15.609acre. RM50,000,000.00 (RM73.54/sft) |
| 0663 | BATU FERRINGHI | RM 70.567.200 | RM180 | 9 acres | 392,040 | close to international school, uphill then flat.with plan |
| 4543 | BATU FERRINGHI | RM 90.000.000 | RM250 | 8.2 acres | 357192 | Land 2 km from hard rock hotel / TAR college. Durian estate with seaview. Hilly 200-500 feet. Fruit estate with durian, mangosteen and long kong. |
| 1219 | BATU FERRINGHI | RM 86.248.800 | RM600 | 3.3 acres | 143748 | Freehold CommerciaL Seafront land |
| 3668 | BATU FERRINGHI | RM 73.180.800 | RM600 | 2.8acres | 121968 | beach front |
| 2861 | BATU FERRINGHI | RM 107.331.840 | RM 32 | 77 acres | 3354120 | unblock seaview .for development with hotel resort land.ready access road. |
| 33059 | BATU FERRINGHI | RM | RM600 | 117612 | ||
| 2465 | BATU FERRINGHI | RM58.962.816 | RM320 | 4.23acres | 184259 | located along batu ferringhi main road.near holiday inn.opposite lone pine.250psf not included vacant proccession |
| 2229 | BATU FERRINGHI | RM127.805.040 | RM90 | 32.6acres | 1420056 | batu ferringhi 32.6 acres near hotels and beach |
| 2436 | BATU FERRINGHI | RM 70.567.200 | RM180 | 9 acres | 392.040 | 1st grade .Beautiful Flat Land.near international school |
| 4746 | BATU FERRINGHI | DEPOSIT 6/5/15 | RM 120 | 1.18acres | 1st grade.freehold for bungalow with seaview | |
| 2379 | BATU MAUNG | RM 32.931.360 | RM 180 | 4.2 acres | 182.952 | 1st grade flat land with plan |
| 3567 | BATU MAUNG | RM | RM | Suitable for development. | ||
| 2455 | BATU MAUNG | RM | RM | |||
| 3079 | BATU MAUNG | RM19.166.400 | RM200 | 2.2 acres | 95832 | Near 2nd bridge |
| 2443 | BATU MAUNG | RM30.187.080 | RM165 | 4.2 acres | 182952 | Flat land with plan approved within 1km radius frm pg 2nd bridge. Close to main road & surrounded with commercial shop & residential |
| 3702 | BATU MAUNG | RM | RM | Near sunway | ||
| 4032 | BATU MAUNG | SOLD | RM250.00 | 5,000 | batu maung development land | |
| 1023 | BATU MAUNG | RM68,000,000 | RM250.00 | 6.30 | 271,000 | 6.3 acres Freehold land at Batu Maung URGENTLY FOR SALE at RM250 psf. Near 2nd penang bridge . Seaview |
| 1303 | BATU MAUNG | RM | RM | first grade | ||
| 3633 | BATU MAUNG | RM9.150.000 | RM175 | 1.2 acres | 52.272 | 1st grade residential .road side |
| 3322 | BATU MAUNG | RM71.874.000 | RM110 | 15 acres | 653400 | Development land for sale 15 acres near southbay city |
| 0323 | RM | RM | ||||
| 3435 | BAYAN LEPAS | RM45.738.000 | RM30 | 35 acres | 1524600 | Bukit PP |
| 3008 | BAYAN LEPAS | RM12,400,000 | RM379.00 | 32,636 | First grade land | |
| 2211 | BAYAN LEPAS | SOLD | RM360.00 | 1.70 | 74,000 | Free hold first grade land |
| 3232 | BAYAN LEPAS | RM14.700.000 | RM60.00 | 5.6 acres | lot parcel 2.teluk kumbar near puspakom | |
| 3585 | GELUGOR | RM3,300,000 | RM445.00 | 7,400 | gelugor land for sale with approve plan for 2 semi dee house. Near USM | |
| 2033 | RM | RM | ||||
| 2308 | GEORGETOWN | RM25.000.000 | RM1000 | 25000 sf | land in georgetown with existing bangalow | |
| 2318 | GEORGETOWN | RM1,500,000 | RM391 | 3,830 | land near GH | |
| 4971 | GEORGETOWN | RM15.390.000 | RM950 | 16.200 sf | Khor sim bee with 1 stry bungalow | |
| 2199 | GEORGETOWN | RM45.500.000 | RM650 | 70.000 sf | Masjid negeri along busy main road | |
| 3052 | GEORGETOWN | RM24.090.000 | RM550 | 43.800 sf | georgetown scotland free hold land | |
| 3411 | GEORGETOWN | RM3.200.000 | RM800 | 4000sf | Commercial Land.Lorong Selamat | |
| 2668 | GEORGETOWN | RM38,447,720 | RM920.00 | 0.96 acre | 41,791 | 41,791sf First grade flat land in the heart of Georgetown near komtar with commercial potential |
| 3739 | GEORGETOWN | RM20.724.000 | RM1100 | 18840sf | suitable for warehouse, store or private residence house per sqft rm180 | |
| 2022 | GEORGETOWN | RM10,320,000 | RM430.00 | 0.55 acre | 24,000 | georgetown vacant land |
| 0571 | GEORGETOWN | RM5.444.550 | RM450 | 12.099 sf | Opp Loh Guan Lye | |
| 2688 | GEORGETOWN | RM34.848.000 | RM800 | 1 acres | 1 acres | Land for sale located in the heart of Heritage Georgetown |
| 1444 | GEORGETOWN | RM5,500,000 | RM637.00 | 8,628 | freehold land near penang turf club facing main road | |
| 3221 | GEORGETOWN | RM24.596.000 | RM1,100 | 22,365sf | Pulau Tikus development | |
| 3113 | GEORGETOWN | RM13.667.000 | RM1000 | 13667sf | 1st grade commercial land suitable for hotel or hostel | |
| 2458 | GEORGETOWN | RM105,524,400 | rm1200 | 2.02 acre | 87.991.2 | Seafront land for sale |
| 1638 | GEORGETOWN | RM10,000,000 | RM1,948.00 | 5,132 | This piece of commercial land has been proposed 5 storey budget hotel (48 rooms) with Sub Basement Car Park. Built-up 21,714. land 5,132 | |
| 2269 | GEORGETOWN | RM3.920.000 | RM1.200 | 3300sf | near Komtar Commercial Land-Can Built 7 stry building | |
| 22777 | GEORGETOWN | SOLD | RM850 | 16144 | Georgetown.Clovehall | |
| 3343 | GREENLANE | RM29.403.000 | RM45 | 15A | 653400 | SeaviewDevelopment Land |
| 3448 | GREENLANE | RM188.832.600 | RM85 | 51A | 2221560 | development land town location |
| 4448 | GERTAK SANGGUL | SOLD | 2.5 | Gertak Sanggul, Penang 2.5 acres 1st Grade Development land Freehold Sea-Front RM 2.4 million | ||
| 3322 | GERTAK SANGGUL | RM237837600 | RM30 | 182 acres | 7927920 | Gertak Sanggul .Bayan Lepas |
| 3231 | JELUTONG | SOLD | 1.14 | 50,000 | industrial land 50,000 sq feet suitable for car auto service centre. Land to let | |
| 3627 | JELUTONG | RM6,240,000 | RM481.00 | 0.30 | 12,972 | sungai pinang land suitable for commercial or light industrial |
| 3648 | JELUTONG | SOLD | RM500.00 | 1.14 | 50,000 | suitable for industiral |
| 3466 | JELUTONG | RM47.227.752 | RM390 | 2.78acres | 121097 | jelutong development land |
| 2382 | GREENLANE | RM 69.521.760 | RM380 | 4.2 acres | 182.952 | Island Park. |
| 3978 | SIMPANG AMPAT | RM352.836.000 | RM27 | 300 acres | 13068000 | Near Golf resort.2nd bridge.Suitable for countryside development |
| 3193 | SUNGAI ARA | RM103.672.800 | RM68 | 35acres | 1524600 | Freehold Land with town & seaview. Near to the Jelutong and Bayan Lepas Expressway, Penang Bridge. 2nd bridge.Cheaper price.main road access .beside housing project |
| 3666 | PULAU LANGKAWI | SOLD | RM | 51 acres | 2221560 | Freehold .non bumi.Kuah Land.Flat at main road |
| 2068 | PULAU LANGKAWI | RM 42.950.160 | RM 68 | 14.5 acres | 631620 | Seafront flat land for hotel resort.freehold.non bumi |
| 3806 | JELUTONG | RM31.000.000 | RM355 | 2 acres | 87120 | 1st grade Mixed develop beside main road |
| 2518 | PAYA TERUBONG | SOLD | RM | near air itam market | ||
| 2742 | GREENLANE | RM 24.745.000 | RM700 | 35350 sf | prime town land | |
| 2903 | GREENLANE | RM30.492.000 | RM700 | 1 acres | 43560 | first grade development land.near road side |
| 3100 | SUNGAi PINANG JELUTONG | RM67.954.000 | RM500 | 3.12 acres | 135908 | Along Main Road.Near Jelutong.Georgetown |
| 3528 | Seaview Bungalow land | |||||
| 3447 | PEARL HILL | RM9,250,000 | RM185.00 | 32.000sf | seaview bungalow land | |
| 2608 | PEARL HILL | RM | ||||
| 2178 | PEARL HILL | SOLD | RM197.00 | 19718sf | unblock seaview land | |
| 3504 | PEARL HILL | SOLD | RM | |||
| 3603 | PEARL HILL | SOLD | RM170 | 0.5 | seaview bungalow land | |
| 3020 | PEARL HILL | RM5,000,000 | RM327.00 | 0.35 | seaview bungalow land | |
| 3825 | PEARL HILL | SOLD | RM250.00 | 0.39 | seaview bungalow land | |
| 2383 | ||||||
| 3422 | ||||||
| 2455 | PUALU TIKUS | RM10.500.000 | RM700 | 15000sf | pulau tikus kelawai road | |
| 3521 | PULAU TIKUS | SOLD | RM700 | 0.3 | 15000 | bungalow land for sale near 1 stop |
| 2800 | PULAU TIKUS | RM7,500,000 | RM750 | 10,000 | Strategically located, near Gurney Drive & Georgetown. Land area 10,000 sqf ( 0.22 Acres ) | |
| 3364 | PULAU TIKUS | RM14.400.000 | RM1200 | 12000 | Commercial Land | |
| 3310 | PULAU TIKUS | RM12.600.000 | RM700 | 18000 | Bungalow land at main road.can built 5 stry | |
| 3276 | PULAU TIKUS | RM19,730,000 | RM500.00 | 0.90 | 39,460 | prime development land suitable for residential |
| 2600 | SUNGAI ARA | RM91.476.000 | RM60.00 | 35 acres | 1524600 | 1st grade development land |
| 3455 | SUNGAI ARA | SOLD | RM35.000 | 6.7 acres | 291,850 | relau land suitable for housing. |
| 3351 | SUNGAI ARA | RM14,723,000 | RM259.00 | 1.30 | 56,628 | sungai ara residential land 1st grade proposed for 30 storey condo |
| 2870 | SUNGAI ARA | SOLD | RM14.50 | 9.31 | 405,543 | agriculture estate land curently rubber, durian |
| 3030 | SUNGAI ARA | RM | RM | |||
| 2134 | SUNGAI DUA | RM14,800,000 | RM169.00 | 2.00 | 87,120 | land near USM. Status agriculture |
| 4452 | TANJUNG BUNGAH | RM4,000,000 | RM200.00 | 20,000 | hill land bungalow plot potential to build 2 bungalows. seaview panaromic | |
| 3352 | TANJUNG BUNGAH | RM3.945.600 | RM200 | 19728 | Unblok Seaview. Pearl hill land, Bungalow land | |
| 3524 | TANJUNG BUNGAH | RM21.216.000 | RM1000 | 21216 | For super condo | |
| 2521 | TANJUNG BUNGAH | RM118.918.800 | RM1100 | 2.6Acres | 113.256 | Seafront Land for Hotel Resort |
| 3125 | TANJUNG BUNGAH | RM7,500,000 | RM500.00 | 15,000 | ||
| 2146 | TANJUNG TOKONG | RM30.300.000 | RM120 | 6 acres | Behind Ivory PEAK project .at the hill | |
| 2462 | TANJUNG TOKONG | RM8.250.000 | RM330 | 25000SF | 25000 | Seaview development for low density condo.slight slope |
| 3667 | TANJUNG TOKONG | RM 19.555.940 | RM380 | 1.18 | 51.463sf | Mixed evelopment land.road side..geran first grade |
| 3666 | TELUK BAHANG | RM78,928,000 | RM260.00 | 6.97 | 303,569 | geran mukim |
| 3330 | TANJUNG TOKONG | RM2.500.000 | RM500 | 5000sf | Beside citymall ivory.bungalow land | |
| 3669 | ||||||
| 3312 | ||||||
| 2188 | TELUK KUMBAR | RM16,923,000 | RM30.00 | 12.95 | 564,100 | gertak sanggul |
| 3733 | ||||||
| 2089 | TELUK KUMBAR | RM | RM | |||
| 3222 | RM | RM | ||||
| 3314 | TELUK KUMBAR | SOLD | RM30.00 | 4.acres | near puspakom | |
| 3314 | TELUK KUMBAR | RM25,000,000 | RM44.00 | 13.12 | 565,000 | Behind the lot is the beach. nice spot for development.RM 44 per square feet |
| 2443 | MENGKUANG | RM115.259.760 | RM27 | 98acres | 4268880 | Seberang Perai.Bukit Mertajam |
| 2071 | ||||||
| 3494 | TELUK KUMBAR | SOLD | RM40.00 | 0.70 | 30,492 | vacant flat land |
| 2289 | TELUK KUMBAR | RM | RM | development land | ||
| 3347 | ||||||
| 2223 | TELUK KUMBAR | RM24,000,000 | RM | 37.5acres | Nic view .under agri.1st grade.hill land for resort | |
| 2010 | TELUK KUMBAR | RM26,528,000 | RM70.00 | 378,900 | main road land | |
| 2300 | SUNGAI PETANI | RM152.111.520 | RM4 | 873 acres | 38027880 | 1st grade freehold land for develop |
| 3401 | LUNAS | RM 102.366.000 | RM10 | 235 acres | 10236600 | 1st grade freehold.palm oil |
| 2010 | BATU KAWAN | RM 192.099.600 | RM45 | 98 acres | near stadium |
1 acre is equivalent to 43,560 square feet. Land size quoted are approximate estimates. Availability, pricing and value are subject to changes.
To Inquire about Penang land for sale, please quote the location, property ID No. and your name & contact telephone
Email:mangokung@gmail.com
If you are Land owner-Welcome your list
I have potential buyer looking for development lands in Penang .Kedah.Langkawi.Kulau Lumpur.Selangor.Perak.Johor Bahru.Malaysia
How To Buy Land In Malaysia
In this economic circumstances, buying land may be considered as a risky decision. As a wise investor, you have to follow some guidelines which will help you to make the best deal whenever you want to buy a land. You can get the best from the experts who are involved in this industry if you conduct an explicit research over internet, or you can contact our agents , we will schedule an appointment with you and further discuss about this.
We have sorted out some essential steps to show you the best way on “how to buy a land” in Malaysia successfully. Follow these steps before buying any land in Malaysia.
Get a copy of the Issued Document of Title:
The Title represents a set of rights on a piece of land on the basis of which a party can get any legal or equitable interest. It is a kind of deed which is registered as well as issued by the government of Malaysia. Before buying any land in Malaysia or in any other country, the first thing you have to do is to get a copy of this deed which is evenly called the issued document of title (or commonly known as land title). This document will let the investors who have interest on that particular land acquire important information. A private or official search can be made at the land office.
Estimate the cost
No doubt that price is an important factor when purchasing a land, exactly how much a piece of land will cost depends on several factors, such as the land size, location, propinquity to transportation link and profitability – based on future value and future development. Development land and residential land is always relatively more costly than the others (eg. agriculture land). The price is normally calculated in “per square feet” unit (eg. RM380 psf), investors may use this to compare with neighborhood land market price as a reference.
Location
Location, location, location! I bet this is one of the most common factors in land valuation, similar to housing property, location might be the prime factor influencing the property price. JP-Land.com only offers land with good location, the minimum requirements are locations with frontal road and proper development access, this is to ensure future development is cheaper and has higher cost-to-benefits. Most of the lands in listings are generally flat and some are slightly hilly. Whether investors plan to utilize that land for individual use or big development for profit, JP-Land.com caters them all. We will try our best to filter and only provide lands with potentials. Do not worry about the land with different or unsuitable zoning, JP Land will help to apply rezoning of the land to suit investors.
Surveying the land
A proper study of the area performed by a certified land surveyor is essential and will emphasize all limitations, services, expense utility collections, public or other privileges, risk of flood etc. For hilly terrain, a check regarding the contour of the particular land is necessary. Land surveyors also execute an important function in undertaking feasibility research or ecological effect tests on potential sites to evaluate whether plans are appropriate or not. One key benefit of having the land properly surveyed is that the Issued Document of Title is often obsolete and the boundaries of the land have a pattern of modifying over the years. When selecting a land surveyor, look for those who are properly accredited.
Get the plan of the land from survey department:
There are three primary circumstances you will find when purchasing land as planning authorization is concerned:
1. The area has no permission for planning.
2. The land has Outline Planning Permission.
3. The land has Detailed Planning Permission for developing for which a bundle of plans has already been submitted and accepted.
Check the tenure of Land:
Get to know about the category and the zoning of the land you are interested in. Ask the appropriate questions about the land and be sure that the land is convenient without any kind of restrictions, especially check the tenure of leasehold land, Special reserved land and State/Federal marked land.
Sign agreement with land owner:
During signing the sale and purchase agreement, ask the land owner to represent other necessary documentation in front of your agents and brokers. Unlike the other agreement, the seller or land owner is not responsible for up-keeping the property when you sign the agreement.
Insert a Private Caveat to protect your interest:
Caveat is a type of notice that an individual can claim some unregistered interest on the particular land. The caveators have to provide details of the means as well as claim to protect his interest. The purchaser of the land won’t be the legal authority of that particular land if their interest isn’t registered with the Land Title office of Malaysia.
Payment:
Ask the seller about what is the common cost of purchase and its attached proficient fees sustained. If you make the deal with any broker, then you have to spend some additional amount for the broker fees. Estimate the expenditure to sort out the profit comes from your investment. Before continuing to buy that land, it is important to set up with the regional authority that they will eventually allow you to carry your plan to execution. Sign Form 14A (Transfer of land) upon the payment of full purchase, which later need to be send to stamp office for adjudication.
Presentation of form:
Conduct an all-purpose due diligence on the land offered, such as- address, title, picture etc. the date of presentation of form 14A to the land office will be the date of registration. According to Malaysian law, the instrument of purchasing the land has to be presented for stamping within 30 days of the execution of the deal.
Collection of Land Title:
Collect it from the land office for safe-keeping purpose. If the land is charged to the bank, then the bank will hold the responsibility to keep the title.
Land Title Malaysia
A land title is a legal document which proves ownership or possession of a property, whether it is land or buildings developed on the land. Generally, all land title records are kept at the Land Office, or Registry. Land titles are used to simplify the process of transferring ownership, but can also play a part in fraudulent land transactions.
Without a title
Properties with only individual titles (not logged in the Registry) can be transferred with the use of a DOA (“Deed of Assignment”) document. This DOA assigns the sellers title and rights to the buyer, and once the DOA is officially stamped the buyer has legal rights to the title and property. This title will not be a part of the Land Office/Registry until it is officially registered.
Registering Property
Documents needed to register your property with the Land Office/Registry include: the original Issue Document of Title, certified NRIC or passport of both the buyer and seller OR “Company Memorandum and Articles of Association, Companies Commission of Malaysia (CCM) Company Search, Company Resolution, Return of Allotment of Shares – Form 24, List of Register of Directors, Managers and Secretaries – Form 49”, Land Office/Registry fees, and Quit Rent and Assessment receipt.
Facilitating Title Transactions
In Malaysia Land Law. the rightful owner of piece/pieces of property must possess a land title with his or her correct information reported. In order to sell the property, a land title must be present and several other steps must be taken on both the seller and the buyer’s part.
Documents necessary to transfer property include:
- stamped form 14A
- the original Issue Document of Title,
- copies (certified) of the buyer’s and seller’s NRIC or Passport OR “Company Memorandum and Articles of Association
- Companies Commission of Malaysia (CCM) Company Search
- Company Resolution
- Return of Allotment of Shares – Form 24
- List of Register of Directors
- Managers and Secretaries – Form 49
- all fees necessary
- a copy of “current Quit Rent and Assessment”
To transfer property to one (buyer), the aforementioned necessary documents must be presented to the Land Administrator to enter the buyer’s name into the Register Document of Title which will be held in the strong room at the Registry. The buyer will be sent a new Issue Document of Title usually one to two days from the date the documents were submitted.
Without going through all of these procedures, you put yourself at risk for buying fraudulent land. Unethical personnel can forge a title and sell you land that does not belong to them at all, therefore it is necessary to follow all proper steps when it comes to acquiring land and the utilization of land titles.
WHAT WE CAN DO FOR YOU:
- Thoroughly Filtered All Land – Only Quality & Reasonable Price Development Land For Sale are listed.
- One of the BEST Land Investment Consultancy with in-house legal advices.
- Solving all sorts of problems in land transactions is our duty, so you can have peace in mind.
- Total Customer Satisfaction, thanks to the quality of land itself, we have good, long track records of keeping our clients happy.
- Hassle free with our good client support, our experienced agents will go to you instead with your preferred time and location. We may even bring you to sites visit if requested.
- Your one-stop solution, we have integrated all important data information in our user-friendly listing browser, even you don’t know where to start-off, you can still pick your most suitable land and directly contact us. The rest is history.
- If you’re a Land Owner we welcome you to List Your Land or Joint Venture with Us
