【 RM1000 / Room 】32 rooms【 No Buyover Fees 】Saving RM1.5mil Reno Cost
George Town, Penang
RM 30,000 /mo
Negotiable
10
Baths
1,873
sqft (land)
Ready to move in Hotel / Resort
Photos
Map View
Property details
 |  |
 |  |
|  |
About this property
【 RM1000 / Room 】32 rooms【 No Buyover Fees 】Saving RM1.5mil Reno Costs
❈ AREA HIGHLIGHTS
▸ Location: George Town city centre, Penang, situated within the historic urban tourism district.
▸ Attractions: Armenian Street, Clan Jetties, Komtar, Fort Cornwallis and Swettenham Pier nearby.
▸ Transport: Rapid Penang CAT bus connects Weld Quay, Penang Road, Komtar and the Esplanade.
▸ Catchment: Strong demand from heritage visitors, cruise passengers, tourists and city travellers.
▸ Future potential: The Mutiara Line’s planned Komtar station may add rail connectivity; completion is expected in December 2031, subject to delivery.
❈ PROPERTY DETAILS
▸ 4-storey intermediate hotel for rent
▸ Configuration: 32 rooms
▸ Land area: Approx. 1,873 sq.ft.
▸ Built-up area: Approx. 5,000 sq.ft.
▸ Lift available
▸ Asking rental: RM30,000/month
▸ Approx. RM6 psf/month
▸ Approx. RM1000 per room/month
▸ Saving up to RM1.5mil on renovation cost
❈ USP
▸ 32-room hotel with lift access
▸ Approx. 5,000 sq.ft. built-up area on approx. 1,873 sq.ft. of land
▸ Intermediate position within George Town
❈ INVESTMENT EDGE
▸ Suitable for hotel operators seeking a rental opportunity in George Town
▸ Potential to serve heritage, leisure and cruise-related demand
▸ Rental and operating performance are subject to due diligence
Hotel identity, exact location, storeys and room count have been adjusted to safeguard owner privacy. Rental, facilities and property information are subject to due diligence and verification.
▸ Location: George Town city centre, Penang, situated within the historic urban tourism district.
▸ Attractions: Armenian Street, Clan Jetties, Komtar, Fort Cornwallis and Swettenham Pier nearby.
▸ Transport: Rapid Penang CAT bus connects Weld Quay, Penang Road, Komtar and the Esplanade.
▸ Catchment: Strong demand from heritage visitors, cruise passengers, tourists and city travellers.
▸ Future potential: The Mutiara Line’s planned Komtar station may add rail connectivity; completion is expected in December 2031, subject to delivery.
❈ PROPERTY DETAILS
▸ 4-storey intermediate hotel for rent
▸ Configuration: 32 rooms
▸ Land area: Approx. 1,873 sq.ft.
▸ Built-up area: Approx. 5,000 sq.ft.
▸ Lift available
▸ Asking rental: RM30,000/month
▸ Approx. RM6 psf/month
▸ Approx. RM1000 per room/month
▸ Saving up to RM1.5mil on renovation cost
❈ USP
▸ 32-room hotel with lift access
▸ Approx. 5,000 sq.ft. built-up area on approx. 1,873 sq.ft. of land
▸ Intermediate position within George Town
❈ INVESTMENT EDGE
▸ Suitable for hotel operators seeking a rental opportunity in George Town
▸ Potential to serve heritage, leisure and cruise-related demand
▸ Rental and operating performance are subject to due diligence
Hotel identity, exact location, storeys and room count have been adjusted to safeguard owner privacy. Rental, facilities and property information are subject to due diligence and verification.
View Phone Number
Send Enquiry
FAQs
No.
George Town, Penang.
Here is a guide to rent a property in Malaysia including security deposit and understanding the importance of tenancy agreement.
Explore other options in and around George Town
Based on the property criteria, you might be interested in the following
Hotel / Resort for Rent
Nearest Public Transport
Nearest Schools
View Phone Number
Send Enquiry