Jalan Kelawai
Jalan Kelawai, George Town, Penang
RM 23,000,000
View to Offer10
Baths
12,531
sqft (floor)
RM 1,835
psf (floor)

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About this property
57-Room Freehold Hotel with 4 Levels, Licensed and Fully Equipped
This impressive 4-storey hotel building comprises 2 blocks and presents a prime investment opportunity. Priced at RM23 million, this property boasts 1st Grade freehold land status. It is a fully operational hotel, well-maintained and comes with a valid hotel license, tastefully furnished rooms, and complete fittings for immediate takeover. Property details include a land area of 15,136 sq ft and a built-up area of 12,531 sq ft, with a total of 57 rooms (Block A: 30 rooms, Block B: 27 rooms). Facilities include an office room, front desk, reception area, self check-in kiosk, one lift connecting both blocks, and two staircases. Common male and female toilets are available on the ground floor. Each room features an attached bathroom, air-conditioning, and water heaters and is fully furnished in excellent condition, with either a window or balcony. Parking includes two covered car parks at the front and additional uncovered parking within the compound, along with a CCTV security system. This property is being sold lock, stock, and barrel, making it a great investment opportunity in a strategic location, ready for operation.
Amenities
Covered car parking
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 George Town, Penang is RM 23,000,000.
No.
Jalan Kelawai, George Town, Penang.
The estimated loan repayment amount is RM 98,824 / mo.
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