Brand New Hotel for Sale in Georgetown, Penang

Jalan Transfer, George Town, Penang

RM 160,000,000

Negotiable

Baths

10

Baths

sqft (floor)

487,311

sqft (floor)

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RM 328.33

psf (floor)


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Photos

map

Map View

Property details

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Hotel / Resort for sale
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Bare
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Completed in 2024
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Freehold tenure
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Listed on 21 May 2026
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Listing ID - 500427667

About this property

Brand New Hotel for Sale in Superb Location, Georgetown!

Details about The Said Hotel Building;

- 1 Block of 20 Multi-storey Commercial Building (239 rooms)
- 7 levels of parking
- Located in Georgetown
- Comes with 533 units of carpark bays
- Comes with 831 units of motorcyle bays
- Coach Parking : 2 units
- Comes with Lift Total : 7 units (with 1 unit of service lift)

Key Features of the Hotel Building;
- Standard M&E systems installed, including:
Electrical wiring
Plumbing
Fire safety systems & Fire Intercom
Air-conditioning ducting & ventilation
CCTV
Car Park Systems & Card Access
DTV Data Wifi
- Spacious lobby and common areas.
- Passenger lift access to all floors.
- Excellent road frontage and high visibility location.
- Ready for immediate renovation and fit-out.

Future Opportunities for The Hotel/Building (Not Included)
- Furnishing & Interior Design: Not provided – buyer can customise according to their preferred concept.
- Swimming Pool: Not available – potential area for future installation if required.
- Hotel License: Not obtained.

The Hotel/Building Location Highlights
- Walking distance to Penang Road– one of the city’s most vibrant and historic streets.
- Surrounded by hotels, retail outlets, restaurants, and tourist attractions.
- Walking distance to Komtar, 1st Avenue Mall, and Prangin Mall.


**The FIRST PHOTO displayed is for illustration purpose only. Kindly contact Azizi for more details and actual photos of the actual Hotel.
Amenities
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Covered car parking

Common facilities
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24 hours security

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Bbq

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Bus stop

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Community garden

Estimated mortgage
Mortgage breakdown
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RM 0 Principal
RM 0 Interest
Upfront costs
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FAQs
The unit for sale in George Town, Penang is RM 160,000,000.
Yes (24 hours security).
Jalan Transfer, George Town, Penang.
The estimated loan repayment amount is RM 687,478 / mo.
The completion date is in 2024.
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