# Pengkalan Weld, George Town
| PROPERTY OVERVIEW | |
| ----------------------- | ----------------------------------- |
| **Title** | Pengkalan Weld, George Town |
| **Address** | Pengkalan Weld, George Town, Penang |
| **Price** | RM 22,975,300 (_Negotiable_) |
| **Is Verified Listing** | No |
| **Baths** | 8 |
| **sqft** | 47,393 |
| **psf** | RM 484.78 |
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- **sale-502241429**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/502241429/UPHO.392278780.V800/Pengkalan-Weld-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/502241429/UPHO.392278783.V800/Pengkalan-Weld-George-Town-Malaysia.jpg)
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- [](https://ipp1-cdn.pgimgs.com/listing/502241429/UPHO.392278781.V800/Pengkalan-Weld-George-Town-Malaysia.jpg)
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## Property details
- Shop for sale
- Partially fitted
- Freehold tenure
- Listed on 11 Oct 2026
- Listing ID - 502241429
- 47,393 sqft floor area
- RM 484.78 psf (floor)
- Not tenanted
- Individual title
- Not Bumi Lot
## About Pengkalan Weld
> Freehold Commercial Buildings at Weld Quay and Victoria Street
A prime opportunity to acquire two back-to-back freehold commercial properties in George Town’s Heritage Zone, situated along Weld Quay and Victoria Street. Available for sale as a single package, the assets comprise two purpose-built commercial buildings with a combined land area of approximately 1,576 sq.m. (16,963 sq.ft.) and an overall built-up area of approximately 47,393 sq.ft.
The first property, positioned along Weld Quay, has a land area of approximately 798 sq.m. (8,589 sq.ft.) and a total built-up area of approximately 25,000 sq.ft. The property comprises a purpose-built 4-storey building with a mezzanine floor.
The second property, located along Victoria Street, has a land area of approximately 778 sq.m. (8,374 sq.ft.) and a built-up area of approximately 22,393 sq.ft. The property comprises a purpose-built 2-storey building with a mezzanine floor.
Both properties are freehold, with no restriction in interest and no specified category of land use. They carry a First Grade express condition, are zoned Commercial – Heritage Core Zone, and have a maximum height restriction of 18 metres.
The combined asking price is MYR 22,975,300 for both properties, which are to be sold together with vacant possession. This is a rare opportunity for investors seeking a substantial commercial property holding within George Town’s established heritage district.
## Property Agent
- **Name**: Pei Hong
- **Agency**: PG PROPERTY ANGEL [ E (3) 1601 ]
- **Profile**: [https://www.iproperty.com.my/property-agent/pei-hong-1013789/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/pei-hong-1013789/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 22,975,300.
#### Where is the unit located?
Pengkalan Weld, George Town, Penang.
#### How big is this unit?
This floor size of this unit is 47,393 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.
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#### Nearest Schools
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- [SMK Agama (P) Almashoor](https://www.iproperty.com.my/shops-for-sale/near-sekolah-menengah-kebangsaan-agama-p-almashoor-41315 "SMK Agama (P) Almashoor")
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