Lebuh Muntri

Lebuh Muntri, George Town, Penang

RM 9,000,000

Negotiable

Baths

10

Baths

sqft

18,493

sqft

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RM 486.67

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Property details

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Shop for sale
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Bare
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Freehold tenure
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Listed on 15 Jun 2026
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Listing ID - 501533147
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18,493 sqft floor area

About this property

Adjoining 3-Storey Heritage Shophouses on Muntri Street in George Town

Three adjoining heritage units on two lots, occupying 6,294 square feet of land at the end of Muntri Street, in the heart of George Town's UNESCO World Heritage core.

Here, the location does much of the heavy lifting.

A short walk takes you to Love Lane, where George Town's bars, cafés and boutique hotels cluster late into the evening. Chulia Street sits just beyond, bringing a steady stream of visitors, accommodation and foot traffic throughout the day. Directly opposite, a newly built car park addresses one of the heritage zone's biggest challenges: parking. For retail, F&B and hospitality operators, consistent footfall and convenient parking rarely come together in one address.

The building itself is uncommon, even by heritage standards.

Most George Town shophouses rise two storeys on a narrow 12-to-14-foot frontage. These span three storeys, with one unit extending approximately 142 feet deep on an 18-foot frontage and culminating in a rooftop overlooking the heritage skyline. The scale alone opens possibilities rarely found within the UNESCO core.

Equally important, all three units connect internally, allowing the entire footprint to operate as a single destination or be divided into separate tenancies. Whether for hospitality, F&B, retail or a mixed-use concept, the flexibility keeps your options open as the business evolves.

The properties were refurbished in the 1980s, providing a stronger structural starting point than many untouched heritage buildings. One unit is fully concrete, space has already been reserved for a lift, and every floor is equipped with two bathrooms.

Freehold, three interconnected units, and approximately 18,493 square feet of built-up space across three storeys, positioned within one of George Town's most walked and commercially active quarters, offered at RM9 million.
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FAQs
The unit for sale in George Town, Penang is RM 9,000,000.
No.
Lebuh Muntri, George Town, Penang.
The estimated loan repayment amount is RM 38,670 / mo.