Brand New 20 Storey Hotel in Georgetown For Sale

Fort Cornwallis, George Town, Penang

RM 180,000,000


sqft (floor)

487,311

sqft (floor)

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RM 369

psf (floor)


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Property details

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Retail Space for sale
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Completed in 2025
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Freehold tenure
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Listed on 23 Oct 2025
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Listing ID - 60497113
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487,311 sqft floor area

About this property

Brand new 20 storey hotel in georgetown, penang for sale

Georgetown UNESCO Heritage Hotel | Prime Location | Sea & City Views
An exceptional en bloc hospitality investment opportunity nestled in the heart of
Georgetown, Penangs renowned UNESCO World Heritage zone. This rare offering features
a 20-storey standalone hotel tower with panoramic sea and city views, an ideal blend of
cultural charm and modern infrastructure.
Property Highlights
* Land Area: 34,210.97 sq ft
* Built-Up Area: 487,311.7 sq ft
* Total Rooms: 239 fully furnished hotel rooms
* Building Type: High-rise standalone hotel
* Location: Prime address within Georgetown UNESCO Heritage Zone
Contact : Crystal Tee +6*****
Unique Selling Points & Investment Potential
* Rare Market Offering: Freehold, full-building hotel within a protected heritage
areaan asset type rarely available.
* Strategic Location: Positioned within walking distance to Georgetowns top tourist
attractions, local eateries, and heritage architecture. Excellent access to transport hubs
and main roads.
* Fully Operational Infrastructure: Includes full hospitality backbones such as
reception, F&B facilities, gym, parking, and event space.
* Redevelopment Flexibility: Suitable for rebranding under an international hotel
chain, boutique conversion, or long-stay suites catering to digital nomads and medical
tourists.
* Strong Tourism Demand: Georgetown is a high-traffic tourist destination year-
round, with continued growth from heritage tourism, MICE events, and regional
travel.
* Visibility & Accessibility: Prominent street frontage and easily identifiable building
presence.
Estimated mortgage
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FAQs
The unit for sale in Fort Cornwallis, George Town is RM 180,000,000.
No.
Fort Cornwallis, George Town, Penang.
The estimated loan repayment amount is RM 773,412 / mo.
The completion date is in 2025.