【 RM2.57mil / Lot 】Freehold【 7 Heritage Lots 】UNESCO Zone

George Town, Penang

RM 18,000,000

Negotiable

Baths

10

Baths

sqft

6,000

sqft

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RM 3,000.00

psf


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Photos

map

Map View

Property details

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Shop for sale
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Fully fitted
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Freehold tenure
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Listed on 24 Aug 2026
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Listing ID - 501959012
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6,000 sqft floor area

About this property

RM2.57 Million Per Lot Freehold 7 Heritage Lots UNESCO Zone

❈ KEY LOCATION HIGHLIGHTS

▸ Prime position within George Town’s UNESCO World Heritage Site
▸ Encircled by heritage attractions, museums, boutique hotels, cafés and established tourism businesses
▸ Close to Armenian Street, Little India, Pinang Peranakan Mansion, Fort Cornwallis and Weld Quay
▸ Robust catchment from international tourists, cultural travellers and domestic visitors
▸ Strategic location supported by year-round Penang tourism

❈ PROPERTY DETAILS

▸ Freehold Detached Heritage Building For Sale
▸ Comprising 7 Heritage Lots
▸ Approx. 2 Storeys
▸ Land Area: Approx. 3,500 sf
▸ Built-up: Approx. 6,000 sf
▸ Prominent heritage architecture with strong cultural and commercial character
▸ Asking Price: RM18 million
▸ Approx. RM3,000 psf based on built-up
▸ Approx. RM2.57 million per lot
▸ Existing condition and internal configuration subject to verification

❈ INVESTMENT EDGE

▸ Rare opportunity to acquire multiple freehold heritage lots within one transaction
▸ Limited supply of sizeable heritage properties in George Town’s UNESCO core zone
▸ Strong potential for boutique hospitality, museum, gallery, cultural centre, premium F&B, event venue or corporate showcase, subject to approval
▸ Seven-lot configuration offers operational flexibility and multiple income possibilities
▸ Long-term scarcity value supported by heritage status and international tourism demand

❈ HERITAGE VALUE

▸ Distinctive asset with strong architectural, cultural and branding appeal
▸ Suitable for investors seeking a trophy heritage property in Penang
▸ Potential for adaptive reuse while preserving its historic character, subject to heritage and local-authority guidelines

Freehold • 7 Heritage Lots • UNESCO Zone • RM2.57M Per Lot

Disclaimer: Property identity, exact location and storey information have been adjusted to safeguard owner privacy. Heritage classification, permitted use, restoration requirements and all property details are subject to due diligence and authority verification.
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FAQs

The unit for sale in George Town, Penang is RM 18,000,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 77,341 / mo.
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