⭐ 11sty Standalone ⭐ Freehold ⭐ RM464 psf ⭐ Tourist Hotspot ⭐

❈ LOCATION HIGHLIGHTS
▸ Prime location in Ipoh city centre, a major heritage and food tourism destination
▸ Located within a tourist hotspot, approx. 12 minutes’ walk to Concubine Lane, heritage trails, murals, cafés, and popular eateries
▸ Surrounded by hotel-supporting amenities including government offices, banks, commercial buildings, retail streets, and medical facilities
▸ Neighbourhood profile: Matured city centre with strong tourist footfall and limited new standalone hotels
▸ Strong catchment from tourists, families, professionals, business travellers, and domestic visitors
▸ Excellent connectivity: 9 min to Sultan Azlan Shah Airport & KTM Ipoh Station
▸ Growth potential driven by rising tourism, heritage preservation, and strong domestic travel demand

❈ PROPERTY DETAILS
▸ Property type: Standalone city hotel
▸ Tenure: Freehold
▸ Storeys: 11 floors
▸ Built-up area: Approx. 33,000 sf (approx. RM464 psf)
▸ Configuration: 84 fully fitted guest rooms
▸ Entry cost: Approx. RM187,000 per room
▸ Condition: Recently renovated, saving up to RM4 million in renovation cost
▸ Design & ambience: Modern, clean, and efficient layout suitable for leisure and short-stay guests
▸ Facilities & spaces: Lobby, common areas, back-of-house facilities, Retail Podiums & on-site parking
▸ Asking price: RM15.3 million

❈ INVESTMENT EDGE / ADVANTAGES
▸ Strategic location within walking distance to major attractions
▸ Rare freehold standalone hotel in Ipoh
▸ Attractive entry at RM464 psf and RM187k per room, below replacement cost
▸ Renovated asset with immediate operating potential
▸ Strong tourism-driven demand with long-term growth outlook

❈ DISCLAIMER
Content & photos may differ. Viewing is recommended for accurate assessment of the property.

❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share