Bagan Luar, Bagan Luar, Butterworth

❈ LOCATION HIGHLIGHTS

▸ Prime location in Butterworth, a key gateway to Penang Island with strong commercial activity
▸ Surrounded by Penang Sentral, ferry terminal, KTM station, Sunway Carnival Mall, offices and industrial hubs
▸ Strong catchment from business travellers, industrial workforce, tourists and intercity commuters
▸ KTM Butterworth & Penang Sentral (~5–8 mins drive) with seamless ferry access to George Town
▸ Excellent connectivity via PLUS Highway, Bagan Luar, BORR and Penang Bridge
▸ Growth driven by logistics expansion, mainland Penang development and infrastructure upgrades

❈ PROPERTY DETAILS

▸ 6-Storey Detached Hotel Building
▸ Freehold
▸ Land Area: Approx. 7,169 sf
▸ Built-up: Approx. 49,331 sf (RM304 psf)
▸ Configuration: 92 fully fitted guest rooms (~RM167k per room)
▸ Tastefully renovated with modern finishes, saving up to RM4.5 million renovation cost
▸ Contemporary hotel ambience with spacious lobby, clean modern interiors, efficient room layout and comfortable guest experience suitable for business and transit stays

▸ Facilities include function rooms, café, dining outlets, meeting spaces and guest amenities creating additional revenue streams
▸ Currently tenanted – rental RM75,000 per month
▸ Asking Price: RM15,000,000
▸ ROI: Approx. 6%

▸ Suitable for hotel operator, budget/business hotel, worker accommodation, co-living or corporate stay concept

❈ INVESTMENT EDGE

▸ Strategic hotel within Penang mainland transport & logistics hub
▸ Strong recurring demand from industrial and transit segments
▸ Attractive entry at ~RM167k per room with stable cashflow
▸ Detached asset with scalable operational potential

❈ DISCLAIMER

Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.