Bukit Mertajam
Bukit Mertajam, Penang
RM 13,800,000
Negotiable
10
Baths
38,000
sqft (floor)
RM 363
psf (floor)
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About this property
7-Storey Freehold - 90 Rooms - RM362 psf - Adjacent to KTM!
❈ LOCATION HIGHLIGHTS
▸ Strategic location in Bukit Mertajam, a vital commercial and residential center in Penang.
▸ Close to AEON Mall Bukit Mertajam, BM Town, KPJ Penang Specialist Hospital, government offices, industrial zones, and well-established residential areas.
▸ Strong patronage from business travelers, factory visitors, local residents, and domestic tourists.
▸ Approximately a 5-minute walk to Bukit Mertajam bus terminal and a 15-minute drive to KTM Bukit Mertajam, ensuring access to Butterworth and mainland Penang.
▸ Development driven by Batu Kawan industrial growth, Penang South Island projects, and ongoing township upgrades.
❈ PROPERTY DETAILS
▸ 7-storey independent 3-star hotel
▸ Freehold tenure
▸ Land area: approx. 6,232 sq ft
▸ Total built-up: approx. 38,000 sq ft (approx. RM362 psf)
▸ 88 fully furnished guest rooms (approx. RM157,000 per room)
▸ Updated with modern finishes, saving up to RM4.5 million in renovation expenses
▸ Stylish design featuring a welcoming lobby, cozy rooms, and efficient layouts for business and leisure guests
▸ Amenities include café, meeting room, reception area, lift access, back-of-house facilities, and on-site parking spaces
▸ Opportunities for small event hosting, corporate stays, and extended stay packages
▸ Asking price: RM13.8 million
❈ INVESTMENT EDGE / ADVANTAGES
▸ Affordable freehold hotel investment in the expanding Penang mainland hub
▸ Consistent demand from industrial and commercial sectors
▸ Ready-to-operate condition with immediate potential
▸ Competitive entry price with significant yield upside
❈ PUNCHLINES
▸ Freehold 3-Star Hotel in Bukit Mertajam
▸ Low Entry Price | Turnkey | Consistent Demand
▸ Close to Industrial Hub | Strong Growth Potential
❈ DISCLAIMER
Content & photos may vary. Viewing is advised for accurate evaluation.
❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia's TOP Hotel & Commercial Agent with the Most Valuable Listings to offer
▸ Strategic location in Bukit Mertajam, a vital commercial and residential center in Penang.
▸ Close to AEON Mall Bukit Mertajam, BM Town, KPJ Penang Specialist Hospital, government offices, industrial zones, and well-established residential areas.
▸ Strong patronage from business travelers, factory visitors, local residents, and domestic tourists.
▸ Approximately a 5-minute walk to Bukit Mertajam bus terminal and a 15-minute drive to KTM Bukit Mertajam, ensuring access to Butterworth and mainland Penang.
▸ Development driven by Batu Kawan industrial growth, Penang South Island projects, and ongoing township upgrades.
❈ PROPERTY DETAILS
▸ 7-storey independent 3-star hotel
▸ Freehold tenure
▸ Land area: approx. 6,232 sq ft
▸ Total built-up: approx. 38,000 sq ft (approx. RM362 psf)
▸ 88 fully furnished guest rooms (approx. RM157,000 per room)
▸ Updated with modern finishes, saving up to RM4.5 million in renovation expenses
▸ Stylish design featuring a welcoming lobby, cozy rooms, and efficient layouts for business and leisure guests
▸ Amenities include café, meeting room, reception area, lift access, back-of-house facilities, and on-site parking spaces
▸ Opportunities for small event hosting, corporate stays, and extended stay packages
▸ Asking price: RM13.8 million
❈ INVESTMENT EDGE / ADVANTAGES
▸ Affordable freehold hotel investment in the expanding Penang mainland hub
▸ Consistent demand from industrial and commercial sectors
▸ Ready-to-operate condition with immediate potential
▸ Competitive entry price with significant yield upside
❈ PUNCHLINES
▸ Freehold 3-Star Hotel in Bukit Mertajam
▸ Low Entry Price | Turnkey | Consistent Demand
▸ Close to Industrial Hub | Strong Growth Potential
❈ DISCLAIMER
Content & photos may vary. Viewing is advised for accurate evaluation.
❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia's TOP Hotel & Commercial Agent with the Most Valuable Listings to offer
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The unit for sale in Bukit Mertajam, Penang is RM 13,800,000.
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Bukit Mertajam, Penang.
The estimated loan repayment amount is RM 59,294 / mo.
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