【 RM328 psf 】21sty【 Freehold 】533 Car Park Bay【 241 Rooms 】4 Star Spec
George Town, Penang
RM 160,000,000
Negotiable10
Baths
487,311
sqft (floor)
RM 328.33
psf (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.
Estimated mortgage
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Est. monthly repayment
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RM 0 Principal
RM 0 Interest
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Total downpayment
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Downpayment
RM 0 Loan amount at 0% Loan-to-value
FAQs
The unit for sale in George Town, Penang is RM 160,000,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 687,478 / mo.
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