# ⭐ RM714 psf ⭐ 4 Star Potential ⭐ 21sty Freehold ⭐, George Town
| PROPERTY OVERVIEW | |
| ----------------------- | -------------------------------------------------------------- |
| **Title** | ⭐ RM714 psf ⭐ 4 Star Potential ⭐ 21sty Freehold ⭐, George Town |
| **Address** | George Town, Penang |
| **Price** | RM 99,000,000 (_Negotiable_) |
| **Is Verified Listing** | No |
| **Bath** | 10+ |
| **sqft (land)** | 12,800 |
| **psf (land)** | RM 7,734.38 |
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- [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-501344045**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.388299173.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Exterior")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.392766889.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346645.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Lobby")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346638.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Pool")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346635.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Dining Room")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346641.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Interior")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346643.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Interior")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346647.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Bedroom")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346648.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Bedroom")
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346649.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346650.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346652.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346653.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.381346654.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.392766890.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.392766804.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg)
- [](https://ipp1-cdn.pgimgs.com/listing/501344045/UPHO.388299185.V800/%E2%AD%90-RM714-psf-%E2%AD%90-4-Star-Potential-%E2%AD%90-21sty-Freehold-%E2%AD%90-George-Town-Malaysia.jpg "Exterior")
---
## Property details
- Hotel / Resort for sale
- Fully fitted
- Freehold tenure
- Listed on 4 Nov 2026
- Listing ID - 501344045
- 140,000 sqft floor area
- 12,800 sqft land area
- RM 707.14 psf (floor)
- RM 7,734.38 psf (land)
- Not tenanted
- Individual title
- Not Bumi Lot
- 3-phase
- 10 parking lots
- 1 cargo lift
- 3 passenger lifts
## About ⭐ RM714 psf ⭐ 4 Star Potential ⭐ 21sty Freehold ⭐
> 21sty Detached - Freehold - 241 Rooms - Potential to 4-5 Star
❈ Location Highlights
▸ Prime hotel location in the heart of Georgetown, Penang’s UNESCO heritage and major tourist hotspot.
▸ Surrounded by key landmarks including KOMTAR, 1st Avenue Mall, Prangin Mall, Penang General Hospital, government offices, and major tourist attractions.
▸ Located within a mature, high-demand township with strong catchment from families, professionals, business travellers & long-stay tourists
▸ Excellent accessibility to Komtar Bus Terminal (within walking distance) and easy connection to the island’s main routes leading to Penang Bridge, Gurney Drive, & Batu Ferringhi.
▸ Strong growth potential supported by Penang’s booming tourism sector, heritage-driven revitalisation & continuous urban redevelopment in the city centre.
❈ Property Details
▸ Standalone 3-Star Hotel, rising 21 floors, strategically positioned in the core of Georgetown’s commercial & tourism belt.
▸ Total Built-up: Approx. 140,000 sq.ft. (equivalent to RM714 psf).
▸ Configuration: About 241 fully fitted & operational guest rooms (~RM430k per room).
▸ Condition: Tastefully upgraded with modern finishes, allowing buyers to save millions in renovation cost.
▸ Facilities:
– Swimming pool
– Multi-purpose event halls & meeting rooms
– All-day dining restaurant
– Ample car park
– 24-hour reception & lobby lounge
❈ Investment Edge / Advantages
▸ High-demand Georgetown tourist belt – strong occupancy all year round.
▸ Rare, tall standalone property with excellent visibility & branding potential.
▸ Upgraded condition reduces capex and accelerates ROI.
▸ Large room inventory ideal for tour groups, corporate stays & travel agencies.
▸ Located in Penang’s fastest-growing tourism and commercial corridor.
❈ Disclaimer
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
❈ Agent Branding
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share
## Property Agent
- **Name**: Seamus Kor
- **Agency**: VIVAHOMES REALTY SDN. BHD [ E (1) 1670 ]
- **Profile**: [https://www.iproperty.com.my/property-agent/seamus-kor-1322539/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/seamus-kor-1322539/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 99,000,000.
#### Where is the unit located?
George Town, Penang.
#### How big is this unit?
This floor size of this unit is 140,000 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.
## 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")
- [Above 10,000 sqft](https://www.iproperty.com.my/hotel-resort-for-sale/in-george-town-ju7lu/above-10000-sqft "Above 10,000 sqft")
#### Nearest Public Transport
- [S20 Komtar](https://www.iproperty.com.my/hotel-resort-for-sale/near-komtar-lrt-station-86529 "S20 Komtar")
- [S19 Macallum](https://www.iproperty.com.my/hotel-resort-for-sale/near-macallum-lrt-station-86530 "S19 Macallum")
- [S18 Bandar Sri Pinang](https://www.iproperty.com.my/hotel-resort-for-sale/near-bandar-sri-pinang-lrt-station-86531 "S18 Bandar Sri Pinang")
#### Nearest Schools
- [HU Yew Seah School](https://www.iproperty.com.my/hotel-resort-for-sale/near-hu-yew-seah-school-29957 "HU Yew Seah School")
- [HU Yew Seah Girls School](https://www.iproperty.com.my/hotel-resort-for-sale/near-hu-yew-seah-girls-school-29956 "HU Yew Seah Girls School")
- [SJK (Cina) HU Yew Seah](https://www.iproperty.com.my/hotel-resort-for-sale/near-sekolah-jenis-kebangsaan-cina-hu-yew-seah-33967 "SJK (Cina) HU Yew Seah")
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