Batu Ferringhi
Jalan Batu Ferringhi, Batu Feringghi, Penang
RM 15,000,000
Negotiable
10
Baths
21,000
sqft (floor)
RM 714
psf (floor)
Photos
Property details
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About this property
Licensed Budget Hotel and Commercial Shops - Prime Main Road
Prime Commercial Investment Property – For Sale at RM15 Million (o.n.o.)
A rare opportunity to own a high-yield commercial property in the heart of Batu Ferringhi, Penang’s premier beachfront destination. Strategically located near luxury resorts, high-end condominiums, upscale restaurants, Uplands School, and just a short walk to the sandy beach, this asset enjoys heavy tourist footfall and high vehicle traffic year-round.
The property sits on 1,970 sqm (approx. 21,213.21 sqft) of freehold commercial land with a total built-up of approximately 21,000 sqft, and comprises:
A licensed 42-room ensuite budget hotel with an operating license and an indoor pool
Four main-road frontage shoplots, with strong visibility and exposure
The property currently generates a total gross rental of approximately RM59,000 per month, or RM708,000 per year, translating to an attractive gross rental yield of approximately 4.72% based on the asking price of RM15 million.
This is a sale on an as-is basis, ideal for investors seeking immediate passive income. Alternatively, the site offers excellent redevelopment potential for a bespoke commercial venture in one of Penang’s most desirable tourist zones.
Serious offers are welcome.
A rare opportunity to own a high-yield commercial property in the heart of Batu Ferringhi, Penang’s premier beachfront destination. Strategically located near luxury resorts, high-end condominiums, upscale restaurants, Uplands School, and just a short walk to the sandy beach, this asset enjoys heavy tourist footfall and high vehicle traffic year-round.
The property sits on 1,970 sqm (approx. 21,213.21 sqft) of freehold commercial land with a total built-up of approximately 21,000 sqft, and comprises:
A licensed 42-room ensuite budget hotel with an operating license and an indoor pool
Four main-road frontage shoplots, with strong visibility and exposure
The property currently generates a total gross rental of approximately RM59,000 per month, or RM708,000 per year, translating to an attractive gross rental yield of approximately 4.72% based on the asking price of RM15 million.
This is a sale on an as-is basis, ideal for investors seeking immediate passive income. Alternatively, the site offers excellent redevelopment potential for a bespoke commercial venture in one of Penang’s most desirable tourist zones.
Serious offers are welcome.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
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FAQs
The unit for sale in Batu Feringghi, Penang is RM 15,000,000.
No.
Jalan Batu Ferringhi, Batu Feringghi, Penang.
The estimated loan repayment amount is RM 64,451 / mo.
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