# Georgetown, George Town
| PROPERTY OVERVIEW | |
| ----------------------- | ------------------------------------------- |
| **Title** | Georgetown, George Town |
| **Address** | Lebuh Cina, Georgetown, George Town, Penang |
| **Price** | RM 4,800,000 |
| **Is Verified Listing** | No |
| **sqft (floor)** | 5,000 |
| **psf (floor)** | RM 960.00 |
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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-101573277**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.318188859.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.346330670.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.350685384.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.323996885.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.351627504.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.291896956.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.325247576.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.338215524.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.298677414.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.321453879.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.358747560.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.291559443.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.344922847.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.363713865.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.329949004.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.309856616.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/101573277/UPHO.314866836.V800/Georgetown-George-Town-George-Town-Malaysia.jpg "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
---
Video
- [Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my](https://www.youtube.com/embed/r5InmPWcSKI?wmode=transparent&enablejsapi=1 "Hotel / Resort for Sale in Georgetown, George Town by Serena Tan - iProperty.com.my")
---
## Property details
- Hotel / Resort for sale
- Freehold tenure
- Listed on 5 Jun 2026
- Listing ID - 101573277
- 5,000 sqft floor area
- 2,962 sqft land area
- RM 960.00 psf (floor)
- RM 1,620.53 psf (land)
- Not tenanted
- Individual title
- Not Bumi Lot
## About this property
> Hotel/Resort for Sale
The subject premises are two back-to-back heritage properties — A handsome three-storey postwar building on China Street, and a two-and-a-half-storey heritage shophouse on Che Em Lane. One of the oldest site inside UNESCO World Heritage City: Georgetown, Penang.
Both listed properties are located on two lots totalling up to 2,962 sq ft). Blue-chip location: off Beach Street (Penang's CBD), Little India, the Swettenham Pier and Tun Dr. Lim Chong Eu Expressway.
Once it was two private residence to Chinese merchants dating back to 1846. On China street it was rebuilt as one property in an Art-Deco/modern style in the late 1940’s to early 50’s. The handsome new structure boasted the latest concrete form , with solid concrete floors and high ceilings the interior spaces were double the width of traditional and narrow shophouses Restorations began in 2008 and it has since then housed studio apartments, artist residencies, a gallery and now a F&B outlet on the ground floor.
The 1st floor of 29 China St is an open-plan studio apartment that includes a kitchen, dining, living, 1 double bed, 3 single beds and ensuite bathrooms. Fits 5 people comfortably. 1200sqft.
The 2nd floor of 29 China St is an open-plan studio apartment that includes a kitchen, dining, living, 1 double bed, 3 single beds and ensuite bathrooms. Fits 5 people comfortably. 1400sqft.
Both studios are decorated with an eclectic mix of vintage furniture from around Georgetown and Indonesia, this home away from home is a fantastic choice for short and long term rentals. Both have wide airy spaces with plenty of natural light which are great for brainstorming and spending family time.
Now for sale MYR 4.8M o.n.o. Freehold and commercial title. View to appreciate.
## Property Agent
- **Name**: Serena Tan
- **Agency**: PG PROPERTY ANGEL [ E (3) 1601 ]
- **Profile**: [https://www.iproperty.com.my/property-agent/serena-tan-840595/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/serena-tan-840595/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 4,800,000.
#### Where is the unit located?
Lebuh Cina, Georgetown, George Town, Penang.
#### How big is this unit?
This floor size of this unit is 5,000 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")
- [Under 6M RM](https://www.iproperty.com.my/hotel-resort-for-sale/in-george-town-ju7lu/priced-under-6m-rm "Under 6M RM")
- [4000 - 5000 sqft](https://www.iproperty.com.my/hotel-resort-for-sale/in-george-town-ju7lu/between-4000-and-5000-sqft "4000 - 5000 sqft")
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