⭐ RM250 psf ⭐ 6sty CORNER ⭐ Freehold ⭐, George Town
George Town, Penang
Negotiable
RM 7,500,000
10+
Bath
30,000
sqft
RM 250.00
psf
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About ⭐ RM250 psf ⭐ 6sty CORNER ⭐ Freehold ⭐
RM250psf ! 7sty Corner - Freehold - Prime Area !
❈ LOCATION HIGHLIGHTS
▸ Prime location in George Town, Penang, a UNESCO World Heritage tourism and commercial district
▸ Surrounded by Komtar, Penang Times Square, heritage attractions, government offices, hospitals, cafés, hotels and shopping destinations
▸ Close to Penang General Hospital, Prangin Mall, 1st Avenue Mall and major tourism landmarks
▸ Strong catchment from international tourists, business travellers, medical tourists and heritage-city visitors
▸ Approximately 5 mins to Komtar Bus Terminal and 25 mins to Penang International Airport
▸ Growth driven by tourism recovery, heritage-city revitalisation, medical tourism and increasing international arrivals
❈ PROPERTY DETAILS
▸ 7-Storey Corner Hotel
▸ Freehold
▸ Land Area: Approx. 6,000 sf
▸ Built-up: Approx. 30,000 sf (RM250 psf)
▸ Configuration: 46 Guest Rooms (~RM163k per room)
▸ Save up to RM1.5 million renovation cost
▸ Contemporary boutique-hotel ambience featuring spacious lobby, comfortable guestrooms and efficient hospitality layout
▸ Well-positioned to cater for leisure travellers, heritage tourists, business visitors and medical tourism demand
▸ Asking Price: RM7.5 Million
❈ INVESTMENT EDGE
▸ Rare freehold corner hotel within George Town tourism belt
▸ Attractive acquisition at only RM250 psf
▸ Low entry cost of approximately RM163k per room
▸ Ready operational setup with substantial renovation savings
▸ Strategic location benefiting from year-round tourism and commercial activities
▸ Strong long-term appreciation supported by Penang's tourism and hospitality growth
▸ Attractive entry based on freehold tenure, prime George Town location, low RM250 psf acquisition cost and exceptionally attractive cost per key compared to replacement value
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
▸ Prime location in George Town, Penang, a UNESCO World Heritage tourism and commercial district
▸ Surrounded by Komtar, Penang Times Square, heritage attractions, government offices, hospitals, cafés, hotels and shopping destinations
▸ Close to Penang General Hospital, Prangin Mall, 1st Avenue Mall and major tourism landmarks
▸ Strong catchment from international tourists, business travellers, medical tourists and heritage-city visitors
▸ Approximately 5 mins to Komtar Bus Terminal and 25 mins to Penang International Airport
▸ Growth driven by tourism recovery, heritage-city revitalisation, medical tourism and increasing international arrivals
❈ PROPERTY DETAILS
▸ 7-Storey Corner Hotel
▸ Freehold
▸ Land Area: Approx. 6,000 sf
▸ Built-up: Approx. 30,000 sf (RM250 psf)
▸ Configuration: 46 Guest Rooms (~RM163k per room)
▸ Save up to RM1.5 million renovation cost
▸ Contemporary boutique-hotel ambience featuring spacious lobby, comfortable guestrooms and efficient hospitality layout
▸ Well-positioned to cater for leisure travellers, heritage tourists, business visitors and medical tourism demand
▸ Asking Price: RM7.5 Million
❈ INVESTMENT EDGE
▸ Rare freehold corner hotel within George Town tourism belt
▸ Attractive acquisition at only RM250 psf
▸ Low entry cost of approximately RM163k per room
▸ Ready operational setup with substantial renovation savings
▸ Strategic location benefiting from year-round tourism and commercial activities
▸ Strong long-term appreciation supported by Penang's tourism and hospitality growth
▸ Attractive entry based on freehold tenure, prime George Town location, low RM250 psf acquisition cost and exceptionally attractive cost per key compared to replacement value
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
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VIVAHOMES REALTY SDN. BHD [ E (1) 1670 ]
FAQs
The selling price is RM 7,500,000.
George Town, Penang.
This floor size of this unit is 30,000 sqft.
Freehold.
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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VIVAHOMES REALTY SDN. BHD [ E (1) 1670 ]