Penang Hotel, George Town

Jalan Transfer, 10050, Penang

Negotiable

RM 178,000,000


10

Baths

487,311

sqft (floor)

RM 365

psf (floor)


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Property details

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Hotel / Resort for sale
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Bare
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Freehold tenure
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Listed on 27 Nov 2025
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Listing ID - 500427667
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487,311 sqft floor area

About Penang Hotel

Newly Established Hotel Available in Prime Georgetown Location!

Details about the said hotel building;

- 1 Block of 20 Multi-storey Commercial Building (239 rooms)
- 7 levels of parking
- Located in Georgetown
- Comes with 533 units of carpark bays
- Comes with 831 units of motorcycle bays
- Coach Parking: 2 units
- Comes with Lift Total: 7 units (2 units directly to 10th floor - 4 units directly to 19th floor - 1 unit service lift)

Key features of the hotel building;
- Standard M&E systems installed, including:
Electrical wiring
Plumbing
Fire safety systems & fire intercom
Air-conditioning ducting & ventilation
CCTV
Car park systems & card access
DTV data wifi
- Spacious lobby and common areas.
- Passenger lift access to all floors.
- Excellent road frontage and high visibility location.
- Ready for immediate renovation and fit-out.

Future opportunities for the hotel/building (not included)
- Furnishing & interior design: not provided – buyer can customise according to their preferred concept.
- Swimming pool: not available – potential area for future installation if required.
- Hotel license: not obtained.

The hotel/building location highlights
- Walking distance to Penang Road– one of the city’s most vibrant and historic streets.
- Surrounded by hotels, retail outlets, restaurants, and tourist attractions.
- Walking distance to Komtar, 1st Avenue Mall, and Prangin Mall.

Kindly contact Azizi for details about the said building.
Amenities
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Covered car parking

Common facilities
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24-hour security

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Bbq

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Bus stop

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Business centre

Estimated mortgage
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Upfront costs
Total downpayment
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FAQs
The selling price is RM 178,000,000.
Jalan Transfer, 10050, Penang.
This floor size of this unit is 487,311 sqft.
Freehold.
Our LoanCare service can help you increase your chances of home loan approval.

Private Advertiser