Georgetown New Hotel, 239 Rooms

George Town, Penang

RM 160,000,000


Baths

10

Baths

sqft (floor)

487,311

sqft (floor)

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RM 328

psf (floor)


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Photos

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Property details

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Hotel / Resort for sale
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Bare
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Freehold tenure
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Listed on 2 Feb 2026
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Listing ID - 500691478
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487,311 sqft floor area

About this property

Brand New 20 Storey Hotel, Jalan Transfer, Georgetown, Penang

Hotel @ Jalan Transfer , Penang
Brand New Hotel - CCC Obtained

* Freehold
* 1 Block of 20 Storey
* 7 Level of Parking
* Land Area : 34,154 sqft
* Total Buit-Up Area : 487,311 sqft
* 239 Rooms
* 533 Car Park Bay
* Selling @ RM160mil

Jalan Transfer sits in central George Town, Penang’s busy urban core near Komtar and the heritage enclave. This patch of city blends older commercial buildings, shophouses, small businesses and a growing number of hotels and serviced apartments all within convenient walking distance of food streets, offices and cultural attractions. It’s a practical location for tourists and business travelers alike, benefiting from steady tourist traffic in the UNESCO World Heritage Site of George Town.


For visitings and more info
Allen -*****

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Allen Yeoh - Real Estate Development & Investment
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FAQs
The unit for sale in George Town, Penang is RM 160,000,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 687,478 / mo.