⭐ RM658 psf ⭐ Freehold ⭐ 7sty Detached ⭐, George Town
George Town, Penang
Negotiable
RM 25,000,000
10+
Bath
38,000
sqft (floor)
RM 657.89
psf (floor)
16 mins (1.3 km) from Komtar
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About ⭐ RM658 psf ⭐ Freehold ⭐ 7sty Detached ⭐
7sty Detached - Freehold - RM658psf - Tourist Hotspot - Grade A Asset!
❈ LOCATION HIGHLIGHTS
▸ Prime location in George Town, Penang, one of Malaysia's strongest tourism, heritage and commercial destinations
▸ Surrounded by UNESCO World Heritage attractions, Komtar, 1st Avenue Mall, Prangin Mall, government offices and established hotels
▸ Close to Penang General Hospital, heritage streets, lifestyle destinations and key tourism landmarks
▸ Strong catchment from international tourists, business travellers, medical tourists and cruise passengers
▸ Approximately 5 mins to Komtar Bus Terminal and 25 mins to Penang International Airport
▸ Growth driven by tourism recovery, medical tourism, heritage-city revitalisation and increasing international flight connectivity
❈ PROPERTY DETAILS
▸ 7-Storey Detached 3-Star Hotel
▸ Freehold
▸ Land Area: Approx. 9,975 sf
▸ Built-up: Approx. 38,000 sf (RM658 psf)
▸ Configuration: 52 Fully Fitted Rooms
▸ Tastefully renovated with modern finishes – save up to RM2.5 million renovation cost
▸ Contemporary hotel ambience featuring spacious lobby, comfortable guestrooms & efficient hospitality layout
▸ Designed to cater for leisure travellers, medical tourists, tour groups and business visitors
▸ Facilities & Revenue Generators:
• Restaurant & café
• Meeting & function rooms
▸ Asking : RM25 Million
❈ INVESTMENT EDGE
▸ Rare freehold detached hospitality asset within George Town tourism belt
▸ Established hotel setup with substantial renovation savings
▸ Multiple recurring income streams from rooms, F&B & events
▸ Strategic location benefiting from year-round tourism and commercial activities
▸ Strong long-term appreciation supported by Penang's hospitality & tourism growth
▸ Attractive entry based on freehold tenure, strategic George Town location, detached hotel concept, established hospitality infrastructure & strong tourism-driven demand
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of property
▸ Prime location in George Town, Penang, one of Malaysia's strongest tourism, heritage and commercial destinations
▸ Surrounded by UNESCO World Heritage attractions, Komtar, 1st Avenue Mall, Prangin Mall, government offices and established hotels
▸ Close to Penang General Hospital, heritage streets, lifestyle destinations and key tourism landmarks
▸ Strong catchment from international tourists, business travellers, medical tourists and cruise passengers
▸ Approximately 5 mins to Komtar Bus Terminal and 25 mins to Penang International Airport
▸ Growth driven by tourism recovery, medical tourism, heritage-city revitalisation and increasing international flight connectivity
❈ PROPERTY DETAILS
▸ 7-Storey Detached 3-Star Hotel
▸ Freehold
▸ Land Area: Approx. 9,975 sf
▸ Built-up: Approx. 38,000 sf (RM658 psf)
▸ Configuration: 52 Fully Fitted Rooms
▸ Tastefully renovated with modern finishes – save up to RM2.5 million renovation cost
▸ Contemporary hotel ambience featuring spacious lobby, comfortable guestrooms & efficient hospitality layout
▸ Designed to cater for leisure travellers, medical tourists, tour groups and business visitors
▸ Facilities & Revenue Generators:
• Restaurant & café
• Meeting & function rooms
▸ Asking : RM25 Million
❈ INVESTMENT EDGE
▸ Rare freehold detached hospitality asset within George Town tourism belt
▸ Established hotel setup with substantial renovation savings
▸ Multiple recurring income streams from rooms, F&B & events
▸ Strategic location benefiting from year-round tourism and commercial activities
▸ Strong long-term appreciation supported by Penang's hospitality & tourism growth
▸ Attractive entry based on freehold tenure, strategic George Town location, detached hotel concept, established hospitality infrastructure & strong tourism-driven demand
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of property
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FAQs
The selling price is RM 25,000,000.
George Town, Penang.
This floor size of this unit is 38,000 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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