Tender | Purchase Tender | Property

Rank City Sdn. Bhd. - Mixed Development Project For Sale By Tender

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 development project erected on a piece of freehold land with land area of 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/ots and 1-storey of recreation park; 

2. Seven (7) adjoining lots of freehold commercial land plots; and 

3. Six (6) lots of freehold irregular land size of commercial land plots.

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 13221 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/20/06/01 on | top left-hand corner of the envelope and to reach the Liquidator by 5.00 p.m. on 24th July, 2020


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