Batu Feringghi
JALAN BATU FERRINGHI, 11100, Penang
RM 15,000,000
21,213
sqft (land)
RM 707
psf (land)
Property details
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About this property
Licensed Budget Hotel & Commercial Shops on Jalan Batu Ferringhi.
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.
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.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
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FAQs
The selling price for this Commercial Land is RM 15,000,000.
JALAN BATU FERRINGHI, 11100, Penang.
21,213 sqft.
Freehold.
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