Prime Corner Commercial Lot at The Prestige Hotel, George Town UNESCO.
George Town, Penang
RM 8,358 /mo
2
Baths
1,194
sqft (floor)
Ready to move in Retail Space
About this property
Prime Corner Commercial Lot at The Prestige Hotel, George Town UNESCO.
Located within The Prestige Hotel, a luxury boutique hotel in the heart of the George Town UNESCO World Heritage Site, this corner ground-floor retail unit offers exceptional visibility and a prestigious business address. Inspired by Penang’s colonial Victorian heritage, The Prestige blends classic charm with modern design, attracting both local and international visitors year-round.
Measuring 1,194 sq ft, the corner unit is offered at MYR 8,358 per month based on the bare unit condition, featuring a bare floor and ceiling, one FCU unit, and individual meters for water and electricity usage. As the air-conditioning is centralized, tenants will be billed according to FCU capacity and operation hours.
Current photos show the previous tenant’s renovation, which includes a bar counter, kitchen fittings, flooring, lighting and more. The setup may be purchased at a negotiable price, or the unit will be restored to its bare condition before handover.
This corner lot enjoys dual access — frontage facing the main road and rear access directly into the hotel reception. All neighbouring units are fully occupied, primarily by successful F&B and retail businesses, offering excellent customer synergy and foot traffic.
Tenants are required to submit design and M&E drawings for management approval before renovation. Preferred tenancy term: 2 + 2 years.
Strategically located amid Penang’s cultural landmarks, gourmet destinations, and boutique hotels, The Prestige Arcade offers an ideal setting for F&B or retail ventures seeking a distinctive and high-profile address in George Town.
Measuring 1,194 sq ft, the corner unit is offered at MYR 8,358 per month based on the bare unit condition, featuring a bare floor and ceiling, one FCU unit, and individual meters for water and electricity usage. As the air-conditioning is centralized, tenants will be billed according to FCU capacity and operation hours.
Current photos show the previous tenant’s renovation, which includes a bar counter, kitchen fittings, flooring, lighting and more. The setup may be purchased at a negotiable price, or the unit will be restored to its bare condition before handover.
This corner lot enjoys dual access — frontage facing the main road and rear access directly into the hotel reception. All neighbouring units are fully occupied, primarily by successful F&B and retail businesses, offering excellent customer synergy and foot traffic.
Tenants are required to submit design and M&E drawings for management approval before renovation. Preferred tenancy term: 2 + 2 years.
Strategically located amid Penang’s cultural landmarks, gourmet destinations, and boutique hotels, The Prestige Arcade offers an ideal setting for F&B or retail ventures seeking a distinctive and high-profile address in George Town.
FAQs
The monthly rental in George Town, Penang is RM 8,358 /mo.
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George Town, Penang.
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