# Penang, George Town
| PROPERTY OVERVIEW | |
| ----------------------- | ---------------------------- |
| **Title** | Penang, George Town |
| **Address** | George Town, Penang |
| **Price** | RM 60,000,000 (_Negotiable_) |
| **Is Verified Listing** | No |
| **Bath** | 10+ |
| **sqft (floor)** | 26,897 |
| **psf (floor)** | RM 2,230.73 |
## Breadcrumb Navigation
- [Home](https://www.iproperty.com.my/ "Home")
- [Sale](https://www.iproperty.com.my/property-for-sale "Sale")
- [Penang](https://www.iproperty.com.my/property-for-sale/in-penang-5qvq6 "Penang")
- [George Town](https://www.iproperty.com.my/property-for-sale/in-george-town-ju7lu "George Town")
- [Hotel / Resort](https://www.iproperty.com.my/hotel-resort-for-sale/in-george-town-ju7lu "Hotel / Resort")
- **sale-500551233**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189810.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189813.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189814.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Bedroom - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189815.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Lobby - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189816.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Lobby - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189817.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Lobby - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189818.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Living Room - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/500551233/UPHO.282189820.V800/Penang-George-Town-Malaysia.jpg "Hotel / Resort for Sale in George Town, Penang by Grace Chooi - Interior - iProperty.com.my")
---
## Property details
- Hotel / Resort for sale
- Fully fitted
- Freehold tenure
- Listed on 14 May 2026
- Listing ID - 500551233
- 26,897 sqft floor area
- 17,860 sqft land area
- RM 2,230.73 psf (floor)
- RM 3,359.46 psf (land)
- Not tenanted
- Individual title
- Not Bumi Lot
- 10 parking lots
## About Penang
> Prime Boutique Hotel Invest in George Town Penang
GEORGE TOWN, PENANG- BOUTIQUE HOTEL FOR SALE
Prime Hospitality Investment | Strong Occupancy | Strategic Location
A rare opportunity to own a boutique hotel in the heart of George Town, Penang - one of Malaysia's most vibrant tourism and heritage destination.
Approx. 50 Guest Bedrooms
Land area : Approx. 18,000sf
Built up : Approx. 28,000sf
Ballroom & Event Hall
Coffee House with Garden Seating
Ample Parking Space Available
Approx. 80% occupancy Rate
Suitable for Boutique Hotel Operators, Hospitality Investors, Corporate Retreat & Event Business
Excellent Potential for Hospitality Investment
Established Hotel Operation with Existing income Potential
Strategic Location with Strong Tourism Demand
Selling Price RM60,000,000
Grace Chooi | REN03565
Owner Welcome To List
## Amenities
- 24-hour access
- 450 lux lighting
- Air conditioner
- Backup generator
- Bathroom
- Bicycle parking
- Burglar alarm
- Cabinets
- Car parking outside
- Carbon monoxide detector
- Cat 5 cabling
- Cctv
- Concierge
- Covered car parking
- Emergency exit
- Ev car charging station
- Ev car parking
- Fire extinguisher
- Garage
- Handicap-friendly
- Kitchen
- Large floor plates
- Loading bay
- Meeting room
- Pantry
- Reception area
- Security guard
- Server room
- Smoke alarm
- Two wheeler parking
## Property Agent
- **Name**: Grace Chooi
- **Agency**: The Roof Realty - Kuchai Lama
- **Profile**: [https://www.iproperty.com.my/property-agent/grace-chooi-840694/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/grace-chooi-840694/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 60,000,000.
#### Where is the unit located?
George Town, Penang.
#### How big is this unit?
This floor size of this unit is 26,897 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")
## 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.