5-Storey Commercial Building on Victoria Street in George Town UNESCO

George Town, Penang

RM 25,000 /mo

Negotiable

Baths

2

Baths

sqft (floor)

12,750

sqft (floor)


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Ready to move in Shop / Office


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Photos

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Map View

Property details

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Shop / Office for rent
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Bare
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Listed on 2 Nov 2025
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Listing ID - 500319928
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12,750 sqft floor area
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RM 1.96 psf (floor)

About this property

5-Storey Commercial Structure on Victoria Street in George Town UNESCO

Situated along the lively Victoria Street within the UNESCO World Heritage core zone of George Town, this five-storey commercial structure boasts exceptional visibility and accessibility close to key tourist spots. The locale features a diverse mix of retail, dining, hotels, and commercial enterprises, with easy access to major expressways, the Penang Bridge, and the airport.

The property occupies a 22 ft by 140 ft plot (≈ 3,080 sq. ft.) with approximately 12,750 sq ft of total built-up area. It includes a private lift that serves all floors, currently non-operational but available for tenant repair if preferred. The upper levels offer sea views, enhancing the allure of this unique heritage-area property.

Rental options consist of the ground floor (3,000 sq ft) along with the first floor (2,500 sq ft) and side land (700 sq ft) for RM16,000 per month, excluding the adjacent car park land. The upper floors can be rented separately — second floor RM4,000, third floor RM3,500, and fourth floor RM3,000 — or the entire building can be leased for RM25,000 per month (preferred choice).

The old house on the neighboring land has been demolished, and the vacant lot, owned by the same landlord, will soon function as a public car park. Although not included in the rental, it will enhance the property's value and convenience by boosting accessibility and customer traffic.
FAQs
The monthly rental in George Town, Penang is RM 25,000 /mo.
No.
George Town, Penang.
Here is a guide to rent a property in Malaysia including security deposit and understanding the importance of tenancy agreement.