# George Town
| PROPERTY OVERVIEW | |
| ----------------------- | ---------------------------- |
| **Title** | George Town |
| **Address** | George Town, Penang |
| **Price** | RM 62,000 /mo (_Negotiable_) |
| **Is Verified Listing** | No |
| **Bath** | 10+ |
| **sqft (floor)** | 12,500 |
## Breadcrumb Navigation
- [Home](https://www.iproperty.com.my/ "Home")
- [Rent](https://www.iproperty.com.my/property-for-rent "Rent")
- [Penang](https://www.iproperty.com.my/property-for-rent/in-penang-5qvq6 "Penang")
- [George Town](https://www.iproperty.com.my/property-for-rent/in-george-town-ju7lu "George Town")
- [Hotel / Resort](https://www.iproperty.com.my/hotel-resort-for-rent/in-george-town-ju7lu "Hotel / Resort")
- **rent-501237590**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072647.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072652.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - Lobby - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072649.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - Interior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072655.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072657.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072660.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072663.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072664.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072665.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072666.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501237590/UPHO.380072668.V800/George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Rent in George Town, Penang by Seamus Kor - Exterior - iProperty.com.my")
---
## Property details
- Hotel / Resort for rent
- Fully fitted
- Listed on 1 May 2026
- Listing ID - 501237590
- 12,500 sqft floor area
- 6,800 sqft land area
- RM 4.96 psf (floor)
- RM 9.12 psf (land)
- Individual title
- Bumi Lot not specified
- 3-phase
- 10 parking lots
- 1 passenger lift
## About George Town
> 6sty Detached - 42 rooms - 12,500sf - Tourist Hotspot !
❈ LOCATION HIGHLIGHTS
▸ Prime location within George Town, Penang, a UNESCO-listed heritage city and major tourism hub
▸ Surrounded by heritage attractions, government offices, medical centres, shopping complexes, banks, and established commercial districts, supporting strong and consistent hotel occupancy
▸ Continuous growth driven by tourism recovery, infrastructure upgrades, and increasing international arrivals
❈ PROPERTY DETAILS
▸ Property type: 6-storey detached boutique hotel
▸ Land area: Approx. 6,800 sf
▸ Total built-up: Approx. 12,500 sf
▸ Configuration: 42 fully fitted guest rooms
▸ Condition: Recently renovated with modern finishes, allowing savings of up to RM2 million in renovation costs
▸ Design & ambience: Contemporary-meets-heritage concept with warm tones, efficient room layouts, and inviting common areas suitable for leisure and business travellers
▸ Facilities & spaces: Reception lobby, lounge area, storage rooms, staff facilities, and flexible spaces suitable for café, vending, co-working, or event use, creating additional income potential
▸ Parking: Dedicated on-site parking and nearby public parking facilities for guests and operators
▸ Current income: Asking rental at RM62,000 per month
▸ Transaction terms: No buy-over fee required
❈ INVESTMENT EDGE / ADVANTAGES
▸ Strategic location within a high-demand tourism and commercial district
▸ Detached building offers strong branding, privacy, and operational flexibility
▸ High room count enhances scalability and revenue potential
▸ Immediate income with minimal capital expenditure required
▸ Strong long-term value supported by George Town’s heritage status and tourism fundamentals
▸ Attractive yield potential compared to similar hotel assets in Penang
❈ DISCLAIMER
Content and photos may differ from actual conditions. Viewing is recommended for accurate assessment.
❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share
## 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 rental price is RM 62,000 /mo.
#### Where is the unit located?
George Town, Penang.
#### How big is this unit?
This floor size of this unit is 12,500 sqft.
#### What should I know before renting the place?
Here are 10 things you should know before you rent a place including security deposit, tenancy agreement, stamping fees and other fees.
## App Store Links
- Download our app from the AppStore: [https://apps.apple.com/us/app/iproperty-malaysia/id366785142](https://apps.apple.com/us/app/iproperty-malaysia/id366785142)
- Download our app from Google Play: [https://play.google.com/store/apps/details?id=com.iproperty.android.search&hl=en](https://play.google.com/store/apps/details?id=com.iproperty.android.search&hl=en)
## Social Media Links
- Facebook: [https://www.facebook.com/iproperty.com.my](https://www.facebook.com/iproperty.com.my)
- LinkedIn: [https://www.linkedin.com/showcase/iproperty.com.my](https://www.linkedin.com/showcase/iproperty.com.my)
- Twitter: [https://twitter.com/iproperty_my](https://twitter.com/iproperty_my)
- Instagram: [https://www.instagram.com/MYiproperty/](https://www.instagram.com/MYiproperty/)
- Youtube: [https://www.youtube.com/c/iPropertyTV](https://www.youtube.com/c/iPropertyTV)
- Tiktok: [https://www.tiktok.com/@iproperty_my?lang=en](https://www.tiktok.com/@iproperty_my?lang=en)
## Contacts
- About Us: [https://www.propertygurugroup.com](https://www.propertygurugroup.com)
- Newsroom: [https://www.iproperty.com.my/newsroom](https://www.iproperty.com.my/newsroom)
- Careers: [https://www.propertygurugroup.com/joinus](https://www.propertygurugroup.com/joinus)
- Privacy Policy: [https://www.iproperty.com.my/privacy-policy](https://www.iproperty.com.my/privacy-policy)
- Website Terms: [https://www.iproperty.com.my/terms-of-use](https://www.iproperty.com.my/terms-of-use)
- Terms and Conditions: [https://www.iproperty.com.my/terms-and-conditions/](https://www.iproperty.com.my/terms-and-conditions/)
## Affiliated Sites
- [https://www.propertyguru.com.my](https://www.propertyguru.com.my)
- [https://www.propertyguru.com.sg](https://www.propertyguru.com.sg)
- [https://www.batdongsan.com.vn](https://www.batdongsan.com.vn)
- [https://www.ddproperty.com](https://www.ddproperty.com)
- [https://www.thinkofliving.com](https://www.thinkofliving.com)
## Copyright
© 2026 iProperty.com Malaysia Sdn. Bhd. 200201033185 (600850-K). All rights reserved.