George Town
George Town, Penang
RM 25,000 /mo
Negotiable
10
Baths
11,000
sqft (floor)
940 m (11 mins) from Komtar
Ready to move in Hotel / Resort
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About this property
Corner - 27 Rooms - 11000sf - Tourist Hotspot - A Grade Asset !
❈ LOCATION HIGHLIGHTS
▸ Prime location in George Town, Penang – a UNESCO World Heritage Site and major tourist hotspot
▸ Surrounded by heritage hotels, boutique cafés, museums, art streets, and cultural attractions
▸ Nearby landmarks include Armenian Street, Cheong Fatt Tze Mansion, Khoo Kongsi, Komtar, and Penang Ferry Terminal
▸ Strong catchment from local residents, international tourists, backpackers, and cultural visitors
▸ Excellent accessibility via major roads and public buses, with Komtar bus hub within walking distance
▸ Continuous tourism growth supported by Penang’s strong branding and heritage conservation efforts
❈ PROPERTY DETAILS
▸ Property type: 3-storey corner boutique hotel
▸ Built-up area: Approx. 11,000 sf (≈ RM2.27 psf)
▸ Configuration: 27 fully fitted guest rooms (≈ RM1,000 per room)
▸ Condition: Recently renovated with modern heritage-inspired finishes
▸ Design & ambience: Charming boutique concept blending traditional architecture with contemporary comfort
▸ Facilities: Reception lobby, guest lounge, storage areas, and service spaces
▸ Operational status: Ready for immediate operation
▸ Rental asking: RM25,000 per month
▸ No buyover fee required
❈ INVESTMENT EDGE / ADVANTAGES
▸ Strategic corner lot in a high-tourism zone
▸ Strong year-round occupancy driven by heritage tourism
▸ Low entry cost with minimal setup required
▸ Renovation savings of up to RM1.3 million
▸ Suitable for owner-operator or branded boutique conversion
▸ Excellent branding and online marketing potential
❈ DISCLAIMER
Content & photos may differ. Viewing recommended for accurate assessment.
❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share
❈ PUNCHLINES
▸ Prime Heritage Zone Boutique Hotel
▸ 27 Keys | Corner Lot | Ready Operate
▸ High Tourist Traffic | Low Entry Cost
▸ Rare George Town Opportunity
▸ Prime location in George Town, Penang – a UNESCO World Heritage Site and major tourist hotspot
▸ Surrounded by heritage hotels, boutique cafés, museums, art streets, and cultural attractions
▸ Nearby landmarks include Armenian Street, Cheong Fatt Tze Mansion, Khoo Kongsi, Komtar, and Penang Ferry Terminal
▸ Strong catchment from local residents, international tourists, backpackers, and cultural visitors
▸ Excellent accessibility via major roads and public buses, with Komtar bus hub within walking distance
▸ Continuous tourism growth supported by Penang’s strong branding and heritage conservation efforts
❈ PROPERTY DETAILS
▸ Property type: 3-storey corner boutique hotel
▸ Built-up area: Approx. 11,000 sf (≈ RM2.27 psf)
▸ Configuration: 27 fully fitted guest rooms (≈ RM1,000 per room)
▸ Condition: Recently renovated with modern heritage-inspired finishes
▸ Design & ambience: Charming boutique concept blending traditional architecture with contemporary comfort
▸ Facilities: Reception lobby, guest lounge, storage areas, and service spaces
▸ Operational status: Ready for immediate operation
▸ Rental asking: RM25,000 per month
▸ No buyover fee required
❈ INVESTMENT EDGE / ADVANTAGES
▸ Strategic corner lot in a high-tourism zone
▸ Strong year-round occupancy driven by heritage tourism
▸ Low entry cost with minimal setup required
▸ Renovation savings of up to RM1.3 million
▸ Suitable for owner-operator or branded boutique conversion
▸ Excellent branding and online marketing potential
❈ DISCLAIMER
Content & photos may differ. Viewing recommended for accurate assessment.
❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share
❈ PUNCHLINES
▸ Prime Heritage Zone Boutique Hotel
▸ 27 Keys | Corner Lot | Ready Operate
▸ High Tourist Traffic | Low Entry Cost
▸ Rare George Town Opportunity
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FAQs
The monthly rental in George Town, Penang is RM 25,000 /mo.
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George Town, Penang.
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