List of Properties Parcel 1 – 3

Race Course and Golf Course Land held under single title known as H.S. (D) 20562 and known as PT 102, Seksyen 2, Bandar George Town, Daerah Timor Laut, Negeri Pulau Pinang located at the junction of Jalan Scotland and Jalan Batu Gantung, 10450 George Town, Pulau Pinang measuring approximately 478,097 square metres (118.14 acres)

Hill Land held under single title known as H.S. (D) 20561 and known as PT 101, Seksyen 2, Bandar George Town, Daerah Timor Laut, Negeri Pulau Pinang located off Lebuh Jesselton Selatan 5, 10450 George Town, Pulau Pinang measuring approximately 296,713 square metres (73.32 acres)

Penang Retirement Resort comprising a seven (7) storey building with two (2) basement car park levels along with other supporting amenities and facilities held under single title known as H.S. (D) 20490, PT 30, Seksyen 2, Bandar George Town, Daerah Timor Laut, Negeri Pulau Pinang with assessment address at No. 1, Persiaran Jesselton Selatan, 10450 George Town, Pulau Pinang and land area of approximately 11,792 square metres

Parcel 1 and 2 must be sold en-bloc. Currently rented to and operated as a retirement resort by an independent operator.

*The Information Pack (including the information on the Properties, terms and conditions of Sale by Invitation for Offers / Expressions of Interest with a specimen of the Form of Offer) is available for purchase at RM300 per copy from Penang Turf Club at Race Course, Jalan Batu Gantong, 10450 Pulau Pinang, during office hours from 8:30 a.m. to 5:30 p.m.

Penang Turf Club does not undertake and shall be under no obligation to accept the highest offer or any offer and shall be under no obligation to disclose any of the offers received or particulars thereof or to provide an explanation for its decision and reserve all rights to withdraw the sale at any time.