Residential Land in Penang

Residential land could be called raw land, vacant land, plots, parcels, or plainly land. The possible customer must rate a complicated set of criteria and determine not only whether or not to purchase, but how specifically to develop the property. Land being a sensitive commodity, various constricting regulations may also apply in certain circumstances, making the wisdom of the knowledgable agent invaluable.

Land Prices for Residential Use

Land is now and then priced per unit of area. Instead of naming the total price, sellers, owners, developers or estate agents may name a price/area ratio. While this pricing system allows easier comparisons with other land in Penang, it also conveniently hides the fact that the asking price may be a substantial amount. At Ah Yer! Malaysia, users are given the option to list the Land for sale or for lease as a ratio, but the displayed price is always the total amount. However, customers can also filter search results in order of price / area ratio.

Residential Land Assessment and Evaluation

land can be evaluated according to location (that is, proximity to transportation or amenities), topography (whether it is even or not), the shape, the condition of the ground (which is consequential for commercial land which must in many instances support potentially sizeable and heavy structures), security (whether fencing exists and the type of fencing), access to public transportation routes, availability of power (crucial for industrial land, and even elevation (important for agricultural land).

Land Listings in Penang

The following comprises our listings for the "land" category as of Nov 23, 2009. To view our very latest, intelligently sorted property information, please take a look at our latest property listings.

New 3 Storey Terrace at Setia Pearl Island | Residential Land For Rent in George Town