【 RM1000 / Room 】21sty【 241 Rooms 】533 Car Park Bay【 4 Star Spec 】
George Town, Penang
RM 240,000 /mo
Negotiable10
Baths
487,311
sqft (floor)
1.2 km (15 mins) from Komtar

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About this property
RM1000 Per Room 21 Storey 241 Rooms 533 Car Park 4 Star Spec
❈ KEY LOCATION FEATURES
▸ Strategic position within the Transfer Road–George Town tourism corridor
▸ Close to Komtar, Penang Road and the UNESCO World Heritage zone
▸ Encircled by tourist attractions, hospitals, offices, retail and established F&B
▸ Robust catchment from tourists, corporate guests and medical travellers
▸ Convenient access to Gurney Drive, Macalister Road and major city destinations
❈ PROPERTY DETAILS
▸ Brand-New Detached Hotel for Rent
▸ Approx. 21 Storeys
▸ Land Area: Approx. 34,154 sf
▸ Built-up: Approx. 487,311 sf
▸ Configuration: Approx. 241 guestrooms
▸ Building structure and major construction works completed
▸ Interior furnishing and fit-out required by incoming operator
▸ 7 Lifts
▸ Parking: Approx. 533 Cars + 831 Motorcycles
▸ Owner Rental: RM240,000/month
▸ Equivalent to approximately RM1,000 per room/month
❈ HOTEL FACILITIES POTENTIAL
▸ Suitable spaces for reception lobby, restaurant, café and function areas
▸ Potential for ballroom, meeting rooms, gym and guest amenities
▸ Large parking capacity supports hotel, MICE and event operations
❈ BUSINESS EDGE
▸ Rare opportunity to introduce a new hotel brand without undertaking structural construction
▸ Unfurnished interiors allow complete design, branding and room-specification control
▸ Large room inventory supports leisure, corporate, medical and group demand
▸ Extensive parking provides a major advantage within central George Town
▸ Suitable for international hotel groups, regional operators and hospitality investors
BRAND NEW • 241 ROOMS • 7 LIFTS • 533 CAR PARKS • RM240K/MONTH
Hotel identity, exact location, storeys and room count have been adjusted to safeguard owner privacy. The incoming operator is responsible for interior furnishing and fit-out. Rental, completion status, facilities and property details are subject to due diligence and verification.
▸ Strategic position within the Transfer Road–George Town tourism corridor
▸ Close to Komtar, Penang Road and the UNESCO World Heritage zone
▸ Encircled by tourist attractions, hospitals, offices, retail and established F&B
▸ Robust catchment from tourists, corporate guests and medical travellers
▸ Convenient access to Gurney Drive, Macalister Road and major city destinations
❈ PROPERTY DETAILS
▸ Brand-New Detached Hotel for Rent
▸ Approx. 21 Storeys
▸ Land Area: Approx. 34,154 sf
▸ Built-up: Approx. 487,311 sf
▸ Configuration: Approx. 241 guestrooms
▸ Building structure and major construction works completed
▸ Interior furnishing and fit-out required by incoming operator
▸ 7 Lifts
▸ Parking: Approx. 533 Cars + 831 Motorcycles
▸ Owner Rental: RM240,000/month
▸ Equivalent to approximately RM1,000 per room/month
❈ HOTEL FACILITIES POTENTIAL
▸ Suitable spaces for reception lobby, restaurant, café and function areas
▸ Potential for ballroom, meeting rooms, gym and guest amenities
▸ Large parking capacity supports hotel, MICE and event operations
❈ BUSINESS EDGE
▸ Rare opportunity to introduce a new hotel brand without undertaking structural construction
▸ Unfurnished interiors allow complete design, branding and room-specification control
▸ Large room inventory supports leisure, corporate, medical and group demand
▸ Extensive parking provides a major advantage within central George Town
▸ Suitable for international hotel groups, regional operators and hospitality investors
BRAND NEW • 241 ROOMS • 7 LIFTS • 533 CAR PARKS • RM240K/MONTH
Hotel identity, exact location, storeys and room count have been adjusted to safeguard owner privacy. The incoming operator is responsible for interior furnishing and fit-out. Rental, completion status, facilities and property details are subject to due diligence and verification.
FAQs
The monthly rental in George Town, Penang is RM 240,000 /mo.
No.
George Town, Penang.
Here is a guide to rent a property in Malaysia including security deposit and understanding the importance of tenancy agreement.
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