1 Commercial Property for Sale at Rangoon Residence
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Ragoon Residence is a leasehold hotel resort that is located at Jalan Rangoon, Georgetown, Penang. Ragoon Residence is a duplex boutique residence that accommodates 4, 3, and 2 persons in each of the 7 rooms. With the location within the famous area of tourism, Rangoon Residence is well located for its purpose to cater to housing for tourists and holiday makers alike who want to get away from the hustle and bustle of the city, and have a change of atmosphere. Rangoon Residence is located along Rangoon Road in the heart of Georgetown, right in between Jalan Anson, Burma Road and Macalister Street. Macalister Street can be used to reach Highway 3113 which is the Tun Dr Lim Chong EuExpressway which connects the city of George Town to Batu Maung, stretching along the eastern coast of Penang Island, reaching neighbouring townships like Pengkalan Weld, Fortune Park, Jelutong, Gelugor and the Penang Bridge, Sungai Nibong, Bayan Baru, Bayan Lepas, the Penang 2nd Bridge and finally Batu Maung. The two Penang bridges allow travelers to connect between Penang Island and the mainland of West Malaysia. Public transportation with busses and taxis are readily available near Ragoon Residence. Georgetown has many amenities, as Penang island is a shopping paradise. Nearby malls are Komtar which is just down the street, Penang Plaza, Penang Times Square, and M Mall. Other useful amenities such as eateries like New World Park, cafés, banks, Post Office, clinics, hospitals and more are located nearby. Being a trendy and cozy 3 star hotel, Ragoon Residence is suitably themed with a mix of colonial and modern feel. Rangoon Residence has a restaurant serving continental or Asian breakfast. Guests have access to free private parking, a shared lounge, and a garden and terrace. A 24 hour front desk with a concierge service is available. The residents can play pool. For children, there is a kid’s club. There is a shared kitchen and free WiFi. Three of the rooms come attached with a lawn garden balcony. There isn’t much information we can find in regards of the launching of Rangoon Residences. Georgetown is well known for having a mix of the old and the new, a blending of properties restored from the early colonial days, while some are torn down and rebuilt from scratch with new infrastructure and facilities. For residential properties,there are the affordable projects such as Quinton Condominium, Higher end residential projects include The Shorefront, Gurney Paragon, 8 Gurney (The Shore), Setia V Residences, Birch Regency - Times Square and Tropicana 218 Macalister. High end Service residences, which are also commercial title, can be used for commercial offices, residences with commercial intent, and hotels, such as The Wave @ Penang Times Square, and Moulmein Rise. Commercial spaces nearby can be considered, such as the SOHO type One One Eight Tanjung Tokong, and The Central, plus offices like Menara Penang Garden, and Menara Boustead. Shop / Offices like New Bob Centre, and Springtide Homes can also be considered.
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Recent search data shows the project remains relevant to active buyer seekers in the area, based on PropertyGuru search activity spanning the past 30 days. This development continues to feature in recent search behaviour across the local market, maintaining its presence among those reviewing available residential options.
Pricing by Unit Types:- PENANG PLAZA (228m, 2-3 mins) — Very short walk to catch various bus routes heading towards the main city center.
- TM POINT (418m, 5-6 mins) — Convenient stop for commuters looking for alternative routes through the Burma Road area.
- SK PENDIDIKAN KHAS JALAN HUTTON (355m, 4-5 mins) — Specialized primary education facility located just a short distance away.
- CHINESE METHODIST KINDERGARTEN (433m, 5-6 mins) — Established early childhood center providing a handy option for families with young children.
- WELLESLEY PRIMARY SCHOOL (495m, 5-6 mins) — Local primary school within easy walking range for a stress-free morning school run.
- LIM SKIN SPECIALIST CLINIC (283m, 3-4 mins) — Specialized medical care available right around the corner for skin-related health needs.
- GUARDIAN (283m, 3-4 mins) — Nearby pharmacy makes it simple to pick up daily health essentials and medicine.
- HEALTH LANE FAMILY PHARMACY (417m, 5-6 mins) — Additional healthcare retail option for family wellness and prescription needs.
- PENANG PLAZA (266m, 3-4 mins) — Closest shopping spot for groceries and daily retail needs without needing to drive.
- GIANT (323m, 3-4 mins) — Well-known supermarket nearby that is perfect for quick grocery runs and household supplies.
- BETTER GROCER (468m, 5-6 mins) — Local grocery option providing a variety of fresh produce and pantry staples for residents.
- GOLDEN STEAMBOAT RESTAURANT (251m, 3-4 mins) — Popular local dining spot great for family dinners and group gatherings.
- SITIGUN MICRO COFFEE ROASTERY (287m, 3-4 mins) — Specialty coffee shop nearby for residents who enjoy artisanal brews and a quiet cafe atmosphere.
- TAI WEI VILLAGE RESTAURANT (301m, 3-4 mins) — Authentic local flavors available just a few minutes' walk from the doorstep.
- AFFIN BANK (640m, 7-8 mins) — Full-service banking facility within walking distance for all personal and business financial matters.
- PUBLIC BANK (652m, 7-8 mins) — Reliable banking branch nearby providing easy access to ATMs and counter services.
- THE ONE ACADEMY (467m, 5-6 mins) — Renowned creative arts college nearby, making this a great location for students and faculty.
- MCKL COLLEGE (PENANG, PYKETT CAMPUS) (500m, 5-6 mins) — Higher education campus within a short walk, adding to the vibrant student community in the area.
- 7-ELEVEN (257m, 3-4 mins) — Round-the-clock convenience for snacks, drinks, and emergency supplies.
- 24 XPRESS (406m, 4-5 mins) — Another 24-hour retail option for residents who need flexibility for late-night shopping.
- MUM'S NYONYA CUISINE (169m, 2-3 mins) — Famous local Nyonya dishes served just steps away, perfect for experiencing Penang's food heritage.
- HOT BOWL WHITE CURRY MEE (179m, 2-3 mins) — Iconic local eatery providing a must-try Penang breakfast experience right in the neighborhood.
- MASJID TARIK AIR (143m, 1-2 mins) — Local mosque located very close by for the convenience of the Muslim community.
- KUAN YIN TEMPLE (355m, 4-5 mins) — Traditional temple within walking distance, reflecting the rich cultural fabric of the area.
- EQUATOR ACADEMY OF ART AMOY LANE (602m, 7-8 mins) — Specialized art academy nearby that contributes to the creative energy of the neighborhood.
- KDU COLLEGE PENANG (671m, 8-9 mins) — Major private college campus within reach, ideal for those looking for rental opportunities or student housing.
Rangoon Residence has experienced a significant adjustment in its price-per-square-foot valuation over the recent period.
- PSF Appreciation: RM1,189.98 → RM627.127 over recent years (-47.3%) from 2024 - 2025
- PG Pulse Insight: The project has seen a downward trend in PSF value, indicating a shift in the market pricing for the development.
Published date: June 5, 2026