⭐ Beach Front ⭐ STANDALONE ⭐ Freehold ⭐ 200000sf ⭐ RM375 psf ⭐ Tanjung Tokong ⭐, George Town

❈ LOCATION HIGHLIGHTS
▸ Prime location in Tanjung Tokong, George Town – a highly sought-after coastal and lifestyle zone in Penang
▸ Surrounded by key landmarks such as Straits Quay, Gurney Drive, Gurney Plaza, Gurney Paragon, Island 88, Adventist Hospital and Gleneagles Hospital
▸ Strong catchment from tourists, expatriates, professionals, medical travellers and long-stay visitors
▸ Excellent connectivity via Jalan Tanjung Tokong and Tun Dr Lim Chong Eu Expressway, linking to George Town, Batu Ferringhi and Penang Bridge
▸ Close to Penang’s main leisure, dining and heritage attractions
▸ Growth supported by ongoing waterfront developments, tourism recovery and limited new hotel supply

❈ PROPERTY DETAILS
▸ 13-storey standalone freehold hotel
▸ Land area: ≈24,700 sf
▸ Built-up: ≈200,000 sf (≈RM375 psf)
▸ Rooms: 131 fully fitted ensuite guest rooms (≈RM595k per room)
▸ Condition: Renovated with modern finishes, offering substantial CAPEX savings
▸ Design & ambience: Modern, clean and professional hotel environment suitable for leisure and business stays
▸ Facilities & upside: Lobby, guest facilities, parking and flexible spaces suitable for F&B or ancillary income
▸ Asking price: RM75 million

❈ INVESTMENT EDGE / ADVANTAGES
▸ Rare freehold standalone hotel in North Penang
▸ Strategic coastal location with strong year-round demand
▸ Attractive entry pricing on psf and per-room basis
▸ Renovated asset – faster deployment and lower capital risk
▸ Long-term appreciation from tourism growth and waterfront scarcity

❈ DISCLAIMER
Content & photos may differ. Viewing recommended for accurate assessment.

❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share

❈ PUNCHLINES
▸ Prime Tanjung Tokong | Freehold Hotel
▸ 131 Keys | Coastal Lifestyle Catchment
▸ Renovated Asset | Strong Upside Potential