# Georgetown Hotel with 230 Rooms in Near Heritage Area For Sale, George Town
| PROPERTY OVERVIEW | |
| ----------------------- | --------------------------------------------------------------------------- |
| **Title** | Georgetown Hotel with 230 Rooms in Near Heritage Area For Sale, George Town |
| **Address** | George Town, Penang |
| **Price** | RM 160,000,000 (_Negotiable_) |
| **Is Verified Listing** | No |
| **Bath** | 0 |
| **sqft (floor)** | 487,300 |
| **psf (floor)** | RM 328.34 |
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- **sale-500704458**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/500704458/UPHO.284252513.V800/Georgetown-Hotel-with-230-Rooms-in-Near-Heritage-Area-For-Sale-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Khor - View - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500704458/UPHO.284252509.V800/Georgetown-Hotel-with-230-Rooms-in-Near-Heritage-Area-For-Sale-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Khor - Bathroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500704458/UPHO.284252510.V800/Georgetown-Hotel-with-230-Rooms-in-Near-Heritage-Area-For-Sale-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Khor - Bathroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500704458/UPHO.284252511.V800/Georgetown-Hotel-with-230-Rooms-in-Near-Heritage-Area-For-Sale-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Khor - Corridor - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500704458/UPHO.284252512.V800/Georgetown-Hotel-with-230-Rooms-in-Near-Heritage-Area-For-Sale-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Khor - Exterior - iProperty.com.my")
---
## Property details
- Hotel / Resort for sale
- Partially fitted
- Freehold tenure
- Listed on 6 Apr 2026
- Listing ID - 500704458
- 487,300 sqft floor area
- 34,100 sqft land area
- RM 328.34 psf (floor)
- RM 4,692.08 psf (land)
- Not tenanted
- Individual title
- Bumi Lot not specified
## About Georgetown Hotel with 230 Rooms in Near Heritage Area For Sale
> New Seaview Hotel in Georgetown near Heritage Area
Seaview Hotel located in the heart of Georgetown, Penang’s most vibrant and iconic district. This brand-new landmark property offers an unparalleled combination of luxury, scale, and location — ideal for investors or hotel operators seeking a trophy asset in a world-renowned destination.
Property Highlights:
• Brand new and completed with CCC
• Expansive land area of 34,154 sqft with built-up size of 487,311 sqft
• Featuring 239 rooms with stunning sea views
• Equipped with 533 car parks and 831 motorcycle bays
Asking Price : RM 160mil negotiable
This is a rare opportunity to own one of Penang’s finest hospitality assets — a newly completed, seaview hotel at a prestigious Georgetown address, ready for branding and operation.
Contact YJ Khor @
❈ DISCLAIMER
“Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property."
## Amenities
- Car parking outside
- Two wheeler parking
## Common facilities
- Covered car park
## Property Agent
- **Name**: Khor
- **Agency**: INTEREALTOR SDN. BHD. [ E (1) 1930 ]
- **Profile**: [https://www.iproperty.com.my/property-agent/khor-1484876/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/khor-1484876/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 160,000,000.
#### Where is the unit located?
George Town, Penang.
#### How big is this unit?
This floor size of this unit is 487,300 sqft.
#### Is the property freehold or leasehold?
Freehold.
#### How do I know if I'm eligible for home loan?
Our LoanCare service can help you increase your chances of home loan approval.
## Explore other options in and around George Town
Based on the property criteria, you might be interested in the following
#### Hotel / Resort for Sale
- [In George Town](https://www.iproperty.com.my/hotel-resort-for-sale/in-george-town-ju7lu "In George Town")
- [In Penang](https://www.iproperty.com.my/hotel-resort-for-sale/in-penang-5qvq6 "In Penang")
- [Over 50M RM](https://www.iproperty.com.my/hotel-resort-for-sale/in-george-town-ju7lu/priced-over-50m-rm "Over 50M RM")
- [Above 10,000 sqft](https://www.iproperty.com.my/hotel-resort-for-sale/in-george-town-ju7lu/above-10000-sqft "Above 10,000 sqft")
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