Ipoh

Prime Location - Freehold - RM187k / room - RM464 psf!
❈ LOCATION HIGHLIGHTS
▸ Centrally located in the heart of Ipoh, a vibrant hub for heritage and food tourism
▸ Situated within a popular tourist area, around 12 minutes’ stroll to Concubine Lane, heritage paths, street art, cafés, and well-known dining spots
▸ Surrounded by essential amenities for tourists, including government offices, banks, commercial structures, shopping streets, and healthcare facilities
▸ Community profile: Established city center with a robust influx of tourists and a limited number of new standalone hotels
▸ Strong demand from tourists, families, professionals, business visitors, and local travelers
▸ Excellent transport links: 9 min to Sultan Azlan Shah Airport & KTM Ipoh Station
▸ Growth prospects fueled by increasing tourism, heritage conservation, and strong domestic travel interest

❈ PROPERTY DETAILS
▸ Property type: Standalone city hotel
▸ Tenure: Freehold
▸ Storeys: 11 floors
▸ Built-up area: Approx. 33,000 sf (approx. RM464 psf)
▸ Configuration: 87 fully fitted guest rooms
▸ Entry cost: Approx. RM187,000 per room
▸ Condition: Recently refurbished, saving up to RM4 million in renovation expenses
▸ Design & ambience: Modern, tidy, and efficient layout ideal 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
▸ Prime location within walking distance to major attractions
▸ Unique freehold standalone hotel in Ipoh
▸ Compelling entry at RM464 psf and RM187k per room, below replacement cost
▸ Renovated property with immediate operational capability
▸ Strong tourism-driven demand with long-term growth potential