Batu Feringghi

Exclusive: Prime Commercial Investment – For Sale at RM15 Million (o.n.o.)

A rare chance to own a high-yield commercial property in the heart of Batu Ferringhi, Penang’s top beachfront destination. Located near luxury hotels, condos, restaurants, Uplands School, and just a short walk to the beach, the area enjoys strong tourist and local traffic year-round.

The property spans 1,970 sqm (approx. 21,213 sqft) of freehold commercial land, with a built-up of approx. 21,000 sqft, and includes a licensed 42-room budget hotel with indoor pool and four main-road frontage shoplots with excellent visibility.

The property currently generates a total gross rental of approximately RM59,000 per month, or RM708,000 per year, translating to an attractive gross rental yield of approximately 4.72% based on the asking price of RM15 million.

Sold on an as-is basis, this is ideal for investors seeking steady income or a redevelopment opportunity in a high-demand tourist zone.