Tender | Purchase Tender | Property

Guan & Associates - Mixed Development Project ("As is Where Is' basis)

Offers are invited for the purchase of the following development project located at Jalan Ciku, Bukit Mertajam, Pulau Pinang strictly on an 'As Is Where is' basis. Brief particulars of the development project for sale are as follows: 


1. An abandoned project site with approximately 7,637 square meter approved for 21-storey mixed development comprises 16-storey condominium (278 units), 4-storey car parking podium, 28 units of stratified shop/lots and 1-storey of recreation park, and 


2. Seven (7) parcels of contiguous freehold commercial land.


Tender document containing information memorandum descriptions of the development project and the terms and conditions of the sale can be obtained at RM100.00 per set at the address indicated below:


The Liquidator 

Rank City Sdn. Bhd. (In Liquidation) 

[Registration No.: 199401020339 (306018-H)]

c/o GUAN & ASSOCIATES (AF 1185) No. 271 (Room B), Jalan Maarof, Bangsar, 59000 Kuala Lumpur.

Contact : Mr. Tan Kim Hui / Mr. Lee Jun Yang 

Tel: 03-2094 42001 011-6327 1322 | Email:


All interested parties, including directors, and contributories of the Company, are invited to submit their offers together with a cashier's order/bank draft of 2% of the offer price is required as forfeitable earnest money (will be refunded only if the offer is unsuccessful) in an sealed envelope marked as TENDER RCSB/20/02/01 on top left-hand corner of the envelope and to reach the Liquidator by 5.00 p.m. on 28th February, 2020.


The Liquidator is not bound to accept the highest or any offer.