Brand New 20 Storey Hotel in Georgetown For Sale
Fort Cornwallis, George Town, Penang
RM 180,000,000
487,311
sqft (floor)
RM 369
psf (floor)

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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.
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
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
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.
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