Simpang Ampat
Simpang Ampat, Penang
Negotiable
RM 19,000,000
10+
Bath
42,000
sqft (floor)
RM 452.38
psf (floor)
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About Simpang Ampat
6sty Corner - 4 Adjoin-lot - Freehold - RM452psf ! RM452psf ! RM452psf
❈ LOCATION HIGHLIGHTS
▸ Prime location in Simpang Ampat, Penang, one of Mainland Penang's fastest-growing commercial and industrial hubs
▸ Surrounded by Batu Kawan Industrial Park, Penang Science Park, logistics centres, business parks and mature residential townships
▸ Close to IKEA Batu Kawan, Design Village Outlet Mall, AEON Mall Bukit Mertajam, KPJ Penang Specialist Hospital and government offices
▸ Strong catchment from industrial workforce, engineers, business travellers, contractors and corporate visitors
▸ Approximately 10 mins to Bukit Mertajam KTM Station, 15 mins to Batu Kawan and 25 mins to Penang Bridge
▸ Growth driven by industrial expansion, semiconductor investments, logistics growth and Batu Kawan township development
❈ PROPERTY DETAILS
▸ 6-Storey Corner Hotel – 4 Adjoining Lots
▸ Freehold
▸ Land Area: Approx. 7,200 sf
▸ Built-up: Approx. 42,000 sf (RM452 psf)
▸ Configuration: 96 Fully Fitted Guest Rooms (~RM202k per room)
▸ Tastefully renovated with modern finishes – save up to RM4.7 million renovation cost
▸ Contemporary hotel ambience featuring spacious lobby, comfortable guestrooms and efficient hospitality layout
▸ Asking Price: RM19 Million
❈ INVESTMENT EDGE
▸ Rare freehold hospitality asset within Mainland Penang's industrial growth corridor
▸ Attractive acquisition at only RM452 psf and ~RM202k per room
▸ Strategic location benefiting from continuous industrial and data-centre investments
▸ Strong demand from multinational corporations, contractors and business travellers
▸ Long-term upside supported by Batu Kawan expansion and Penang's manufacturing growth
▸ Attractive entry based on freehold tenure, 96-room scale, low acquisition cost per key and strategic positioning within Penang's booming industrial 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.
▸ Prime location in Simpang Ampat, Penang, one of Mainland Penang's fastest-growing commercial and industrial hubs
▸ Surrounded by Batu Kawan Industrial Park, Penang Science Park, logistics centres, business parks and mature residential townships
▸ Close to IKEA Batu Kawan, Design Village Outlet Mall, AEON Mall Bukit Mertajam, KPJ Penang Specialist Hospital and government offices
▸ Strong catchment from industrial workforce, engineers, business travellers, contractors and corporate visitors
▸ Approximately 10 mins to Bukit Mertajam KTM Station, 15 mins to Batu Kawan and 25 mins to Penang Bridge
▸ Growth driven by industrial expansion, semiconductor investments, logistics growth and Batu Kawan township development
❈ PROPERTY DETAILS
▸ 6-Storey Corner Hotel – 4 Adjoining Lots
▸ Freehold
▸ Land Area: Approx. 7,200 sf
▸ Built-up: Approx. 42,000 sf (RM452 psf)
▸ Configuration: 96 Fully Fitted Guest Rooms (~RM202k per room)
▸ Tastefully renovated with modern finishes – save up to RM4.7 million renovation cost
▸ Contemporary hotel ambience featuring spacious lobby, comfortable guestrooms and efficient hospitality layout
▸ Asking Price: RM19 Million
❈ INVESTMENT EDGE
▸ Rare freehold hospitality asset within Mainland Penang's industrial growth corridor
▸ Attractive acquisition at only RM452 psf and ~RM202k per room
▸ Strategic location benefiting from continuous industrial and data-centre investments
▸ Strong demand from multinational corporations, contractors and business travellers
▸ Long-term upside supported by Batu Kawan expansion and Penang's manufacturing growth
▸ Attractive entry based on freehold tenure, 96-room scale, low acquisition cost per key and strategic positioning within Penang's booming industrial 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.
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FAQs
The selling price is RM 19,000,000.
Simpang Ampat, Penang.
This floor size of this unit is 42,000 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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