5-Storey Commercial Shop, Georgetown, 16800 sqft, RM12M, Tenanted

Dato Keramat, George Town, Penang

RM 12,000,000


sqft (floor)

16,800

sqft (floor)

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RM 714

psf (floor)


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Property details

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Shop / Office for sale
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Listed on 31 Jul 2025
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Listing ID - 60300243
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16,800 sqft floor area
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RM 714.29 psf (floor)
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Not tenanted

About this property

5-Storey Commercial Shop, Georgetown, 16800 sqft, Rm12m, Tenanted

(A) Key Highlights
- Free-standing 5-storey commercial block (freehold)
- Total built-up 16,800 sq ft (≈ RM 715 psf)
- Secure 3-year tenancy generating RM 19,000 / month
- Walkable to KOMTAR, Penang Road & major heritage attractions
- Large column-free floorplates—ideal for HQ, boutique hotel, wellness or co-working (subject to approval)

(B) Property Details
️- Location => George Town City Centre, Penang (exact address on request)
️- Asking Price => RM 12,000,000
️- Built-up = >16,800 sq ft (≈ 1,560 m²)
️- Storeys => 5
️- Price psf (BUA) => RM 715
️- Existing Lease => ≈ 3 years
️- Monthly Rent => RM 19,000
️- Gross Yield => ≈ 1.9 % p.a.

(C) Why Buy?
- City-Centre Visibility – High-traffic axis near Macalister & Burmah Roads.
- Immediate Cashflow – Collect rent from day one; potential to reposition for higher yield.
- Flexible Layouts – ~3,300 sq ft per floor for versatile commercial uses.
- Scarce Asset – Freehold multi-storey buildings in George Town core are limited.
- Heritage-Adjacency Advantage – Outside strict UNESCO core, easing façade improvements while benefiting from tourist flow.


(A) 亮点速览
- 独栋五层商业大楼(永久地契)
- 总建筑面积 16,800 平方英尺(约 RM 715 / 平方英尺)
- 签约 3 年稳健租约,月租金 RM 19,000
- 步行可达光大 (KOMTAR)、槟城路及主要世遗景点
- 宽敞无柱楼面——适合企业总部、精品酒店、医美中心或共享办公(视当局审批)

(B) 物业资料
️- 位置 - George Town City Centre, Penang (exact address on request)
️- 售价 - RM 12,000,000
️- 建筑面积 - 16,800 sq ft (≈ 1,560 m²)
️- 楼高 - 5
️- 建筑呎价 - RM 715
️- 租约剩余 - ≈ 3 years
️- 月租金 - RM 19,000
️- 粗回酬 - ≈ 1.9 % p.a.

(C) 投资卖点
- 市中心曝光 – 位于Macalister & Burmah Roads高车流轴心,门面醒目。
- 即时现金流 – 交割当天即可收租,并有机会重新定位以获取更高收益。
- 灵活楼面 – 每层约 3,300 平方英尺,可因应多元商业用途自由划分。
- 稀缺资产 – 乔治市核心区永久地契多层建筑供应有限,物以稀为贵。
- 邻近世遗优势 – 处于联合国教科文组织核心区之外,外立面升级限制较少,同时享受旅游人潮红利。

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️ SALES : RM 12, 000, 000 Only
️ 售价 : 马币一千两百万
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Enoch Tiu Chih Khin 张智钦
Gather Properties Sdn Bhd
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FAQs
Selling price for 5-Storey Commercial Shop, Georgetown, 16800 sqft, RM12M, Tenanted is from RM 12,000,000 / RM 714.29 psf.
Current PSF at 5-Storey Commercial Shop, Georgetown, 16800 sqft, RM12M, Tenanted is about RM 714.29 psf.
5-Storey Commercial Shop, Georgetown, 16800 sqft, RM12M, Tenanted is located at Dato Keramat, George Town, Penang Dato Keramat George Town Penang.
The estimated loan repayment is RM 51,560 / mo.
Floor size of this unit at 5-Storey Commercial Shop, Georgetown, 16800 sqft, RM12M, Tenanted is 16,800 sqft.