Bagan Luar
Bagan Luar, Butterworth, Penang
RM 15,000,000
Negotiable
10
Baths
49,000
sqft (floor)
RM 306
psf (floor)
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About this property
6sty Detached - 92 Rooms - 49,000sf - Main Road Frontage - A Grade !
❈ LOCATION HIGHLIGHTS
▸ Prime location in Butterworth commercial hotspot, a key gateway to Penang Island
▸ Surrounded by Penang Sentral, ferry terminal, KTM station, offices, retail hubs and industrial zones
▸ Close to Sunway Carnival Mall, hospitals, government offices and logistics centres
▸ Strong catchment from business travellers, industrial workforce, tourists and intercity commuters
▸ KTM Butterworth & Penang Sentral (~5–8 mins drive) with ferry access to George Town
▸ Excellent connectivity via PLUS Highway, Butterworth Outer Ring Road and Penang Bridge
▸ Growth driven by logistics hub expansion, Penang mainland development and transport infrastructure upgrades
❈ PROPERTY DETAILS
▸ 6-Storey Detached Hotel Building
▸ Freehold
▸ Land Area: Approx. 7,169 sf
▸ Built-up: Approx. 49,331 sf (RM304 psf)
▸ Configuration: 92 fully fitted guest rooms (~RM167k per room)
▸ Tastefully renovated with modern finishes, saving up to RM4.5 million renovation cost
▸ Contemporary hotel ambience with spacious lobby, comfortable guest rooms and efficient operational layout
▸ Facilities include function rooms, café, dining area and guest amenities supporting additional revenue streams
▸ Asking Rental: RM100,000 per month (No buyover fee required)
▸ Suitable for business hotel, budget hotel, tour group accommodation, co-living or worker lodging
❈ INVESTMENT EDGE
▸ Strategic hotel within Penang mainland transport and logistics hub
▸ Strong demand from industrial, business and transit travellers
▸ Large-scale detached building with operational flexibility
▸ No buyover fee – immediate takeover advantage
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
▸ Prime location in Butterworth commercial hotspot, a key gateway to Penang Island
▸ Surrounded by Penang Sentral, ferry terminal, KTM station, offices, retail hubs and industrial zones
▸ Close to Sunway Carnival Mall, hospitals, government offices and logistics centres
▸ Strong catchment from business travellers, industrial workforce, tourists and intercity commuters
▸ KTM Butterworth & Penang Sentral (~5–8 mins drive) with ferry access to George Town
▸ Excellent connectivity via PLUS Highway, Butterworth Outer Ring Road and Penang Bridge
▸ Growth driven by logistics hub expansion, Penang mainland development and transport infrastructure upgrades
❈ PROPERTY DETAILS
▸ 6-Storey Detached Hotel Building
▸ Freehold
▸ Land Area: Approx. 7,169 sf
▸ Built-up: Approx. 49,331 sf (RM304 psf)
▸ Configuration: 92 fully fitted guest rooms (~RM167k per room)
▸ Tastefully renovated with modern finishes, saving up to RM4.5 million renovation cost
▸ Contemporary hotel ambience with spacious lobby, comfortable guest rooms and efficient operational layout
▸ Facilities include function rooms, café, dining area and guest amenities supporting additional revenue streams
▸ Asking Rental: RM100,000 per month (No buyover fee required)
▸ Suitable for business hotel, budget hotel, tour group accommodation, co-living or worker lodging
❈ INVESTMENT EDGE
▸ Strategic hotel within Penang mainland transport and logistics hub
▸ Strong demand from industrial, business and transit travellers
▸ Large-scale detached building with operational flexibility
▸ No buyover fee – immediate takeover advantage
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
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The unit for sale in Bagan Luar, Butterworth is RM 15,000,000.
No.
Bagan Luar, Butterworth, Penang.
The estimated loan repayment amount is RM 64,451 / mo.
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