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Area Guide: Malaysia > Penang > Tanjung Tokong
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Overview to Commercial Land in Tanjung Tokong

Commercial land in Tanjung Tokong is defined as any land suitable for commercial, as opposed to residential, development in Tanjung Tokong. It should be pointed out that a plot of land up for sale is classified as commercial solely by the discretion of the seller, and not all land offered in Tanjung Tokong as commercial land may necessarily be suitable for commercial development. While in most cases the seller and the market will agree on what is commercial and what isn't, on occasion the lot offered as commercial may be less suitable for commercial than for some other type of development.

Criteria for Commercial Land in Tanjung Tokong

The price commanded by land classified as commercial tends to be higher than the average residential lot in Tanjung Tokong. This is because the bar is set higher for commercial land, or land suited for commerce. It must be well serviced by access to traffic in Tanjung Tokong, in addition to transportation, and must be positioned so as to form a visible part of the community in Tanjung Tokong.

Development of Commercial Land

The purchaser of commercial land may be interested in the commercial lot for the purposes of direct development, in other words developing the lot for the buyer's own business requirements. For instance, the buyer may wish to put up a service-sector business in Tanjung Tokong such as a leisure facility, food business or retail store. However, the developer may also wish to develop the land offered for the purposes of adding value, by creating an office block, retail complex, or other real property from which rent income is derived.

Listings of Commercial Land in Tanjung Tokong

We couldn't retrieve any area-specific listings in the "commercial land" category in Tanjung Tokong. However, there could be freshly updated listed items in our dynamic pages. Please have a look at our latest property listings for further information. Ah Yer! Malaysia always seeks to maintain the most up-to-date information, and will not display sold, withdrawn, or deactivated listings.





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Tanjung Tokong is located in Penang, Malaysia. You may also want to check out Penang real estate for more listings nearby.