# Bagan Luar, Butterworth
| PROPERTY OVERVIEW | |
| ----------------------- | ------------------------------- |
| **Title** | Bagan Luar, Butterworth |
| **Address** | Bagan Luar, Butterworth, Penang |
| **Price** | RM 15,000,000 (_Negotiable_) |
| **Is Verified Listing** | No |
| **Bath** | 10+ |
| **sqft** | 49,000 |
| **psf** | RM 306.12 |
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- [Butterworth](https://www.iproperty.com.my/property-for-sale/in-butterworth-zq28a "Butterworth")
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- **sale-501174551**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313847.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313848.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Lobby - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313849.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Dining Room - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313850.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Interior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313851.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313852.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313853.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313854.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313855.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313856.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313857.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Bathroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501174551/UPHO.379313858.V800/Bagan-Luar-Butterworth-Malaysia.jpg "Shop for Sale in Bagan Luar, Butterworth by Seamus Kor - Exterior - iProperty.com.my")
---
## Property details
- Shop for sale
- Fully fitted
- Freehold tenure
- Listed on 1 Jun 2026
- Listing ID - 501174551
- 49,000 sqft floor area
- RM 306.12 psf (floor)
- Not tenanted
- Individual title
- Not Bumi Lot
- 3-phase
- 10 parking lots
- 1 passenger lift
## About Bagan Luar
> ROI 6% - 6sty Detached - 92 Rooms - 49,000sf - Main Road Frontage !
❈ 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.
## Property Agent
- **Name**: Seamus Kor
- **Agency**: VIVAHOMES REALTY SDN. BHD [ E (1) 1670 ]
- **Profile**: [https://www.iproperty.com.my/property-agent/seamus-kor-1322539/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/seamus-kor-1322539/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 15,000,000.
#### Where is the unit located?
Bagan Luar, Butterworth, Penang.
#### How big is this unit?
This floor size of this unit is 49,000 sqft.
#### Is the property freehold or leasehold?
Freehold.
#### How can I estimate my monthly home loan repayment?
You can estimate your monthly home loan repayment based on the property price, loan amount, interest rate, and financing tenure. To get a better idea of affordability, use the iProperty Mortgage Calculator here.
## Explore other options in and around Bagan Luar
Based on the property criteria, you might be interested in the following
#### Shop for Sale
- [In Bagan Luar](https://www.iproperty.com.my/shops-for-sale/in-bagan-luar-0nq88 "In Bagan Luar")
- [In Butterworth](https://www.iproperty.com.my/shops-for-sale/in-butterworth-zq28a "In Butterworth")
- [Over 15M RM](https://www.iproperty.com.my/shops-for-sale/in-bagan-luar-0nq88/priced-over-15m-rm "Over 15M RM")
- [Above 10,000 sqft](https://www.iproperty.com.my/shops-for-sale/in-bagan-luar-0nq88/above-10000-sqft "Above 10,000 sqft")
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