【 RM1,000 / Room 】20 Rooms【 Corner 】UNESCO Tourism Belt

❈ AREA HIGHLIGHTS

▸ Prime position within George Town’s UNESCO World Heritage tourism belt
▸ Situated near Little India, Armenian Street, Pinang Peranakan Mansion, Fort Cornwallis and Weld Quay
▸ Surrounded by heritage attractions, eateries, cafés, museums and retail businesses
▸ Strong catchment from international tourists, backpackers, families and local travellers
▸ Convenient access to KOMTAR, Penang Ferry Terminal and major city roads

❈ PROPERTY DETAILS

▸ Established Corner Budget Hotel For Rent
▸ Approx. 5 Storeys
▸ Land Area: Approx. 2,160 sf
▸ Built-up: Approx. 8,500 sf
▸ Configuration: Approx. 20 fully fitted guestrooms
▸ Lift(s): No lift
▸ Prominent corner position with strong visibility
▸ Hotel Facilities: Reception, WiFi, housekeeping, room service, minimart and operational areas
▸ Asking Rental: RM20,000/month
▸ Approx. RM2.35 psf
▸ Only RM1,000 per room monthly
▸ Buyover: not required

❈ INVESTMENT EDGE

▸ Highly competitive rental per room within George Town’s heritage tourism core
▸ Corner positioning provides better frontage, visibility and guest accessibility
▸ Existing hotel setup allows faster operational commencement
▸ Walkable location supports strong tourist and short-stay demand
▸ Suitable for budget-hotel operators, boutique hospitality brands, backpacker concepts or co-living operators

❈ ATTRACTIVE ENTRY

▸ Only RM1,000 monthly rental per fitted room
▸ Low RM2.35 psf operating entry cost
▸ Rare hospitality opportunity within an internationally recognised heritage destination

20 Rooms • Corner Hotel • UNESCO Tourism Belt • RM1,000 Per Room

Disclaimer: Hotel identity, exact location, storeys and room count have been adjusted to safeguard owner privacy. Content and photos may differ from reality. Viewing is recommended for accurate assessment.