Fort Cornwallis, George Town

Fort Cornwallis, 10050, Penang

RM 180,000,000


487,311

sqft (floor)

RM 369

psf (floor)


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Photos

Property details

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Retail-Space for sale
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Bare unit
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Freehold tenure
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Listed on 22 Oct 2025
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Listing ID - 200426004
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487,311 sqft floor area

About this property

Brand New 20 Storey Hotel in Georgetown, Penang For Sale

Georgetown UNESCO Heritage Hotel | Prime Location | Sea & City Views
An exceptional en bloc hospitality investment opportunity nestled in the heart of
Georgetown, Penangs renowned UNESCO World Heritage zone. This rare offering features
a 20-storey standalone hotel tower with panoramic sea and city views, an ideal blend of
cultural charm and modern infrastructure.
Property Highlights
Land Area: 34,210.97 sq ft
Built-Up Area: 487,311.7 sq ft
Total Rooms: 239 fully furnished hotel rooms
Building Type: High-rise standalone hotel
Location: Prime address within Georgetown UNESCO Heritage Zone
Contact : Crystal Tee +6*****
Unique Selling Points & Investment Potential
Rare Market Offering: Freehold, full-building hotel within a protected heritage
areaan asset type rarely available.
Strategic Location: Positioned within walking distance to Georgetowns top tourist
attractions, local eateries, and heritage architecture. Excellent access to transport hubs
and main roads.
Fully Operational Infrastructure: Includes full hospitality backbones such as
reception, F&B facilities, gym, parking, and event space.
Redevelopment Flexibility: Suitable for rebranding under an international hotel
chain, boutique conversion, or long-stay suites catering to digital nomads and medical
tourists.
Strong Tourism Demand: Georgetown is a high-traffic tourist destination year-
round, with continued growth from heritage tourism, MICE events, and regional
travel.
Visibility & Accessibility: Prominent street frontage and easily identifiable building
presence.
Estimated mortgage
Mortgage breakdown
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IQI REALTY SDN. BHD. (PENANG)

FAQs
The selling price is RM 180,000,000.
Fort Cornwallis, 10050, Penang.
This floor size of this unit is 487,311 sqft.
Freehold.
Our LoanCare service can help you increase your chances of home loan approval.

IQI REALTY SDN. BHD. (PENANG)