【 RM417 psf 】14sty【 4 Star 】114 Rooms【 180,000sf 】Freehold

George Town, Penang

RM 75,000,000

Negotiable

Baths

10

Baths

sqft (land)

21,000

sqft (land)

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RM 3,571.43

psf (land)


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Photos

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Map View

Property details

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Hotel / Resort for sale
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Fully fitted
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Freehold tenure
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Listed on 24 Oct 2026
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Listing ID - 502318481
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180,000 sqft floor area

About this property

【 RM417 psf 】14-Storey【 4 Star 】114 Rooms【 180,000sf 】Freehold

❈ KEY LOCATION HIGHLIGHTS
▸ George Town city center, Penang.
▸ Near KOMTAR, Loh Guan Lye Specialist, Penang Times Square, Gurney Drive and heritage attractions.
▸ Rapid Penang bus connectivity; Sri Pinang stop approx. 400m distance.
▸ Potential demand from heritage tourists, shoppers, medical and business visitors.
▸ Planned Mutiara Line includes KOMTAR; may improve future connectivity.

❈ PROPERTY DETAILS
▸ Freehold detached hotel for sale
▸ 14 storeys | 114 rooms
▸ Land: Approx. 21,000 sq.ft. | Built-up: Approx. 180,000 sq.ft.
▸ Asking price: RM75 million
▸ Approx. RM417 psf | RM721k per room

❈ HOTEL FACILITIES
▸ Guest services: 24-hour front desk, Wi-Fi, concierge, luggage storage
▸ Dining/business: Restaurant and meeting room
▸ Leisure/other: Indoor pool, gym, parking and lift

❈ USP
▸ Freehold detached hotel with 180,000 sq.ft. built-up area
▸ Indoor pool, gym, restaurant and meeting facilities
▸ RM417 psf only

❈ INVESTMENT EDGE
▸ Potential to serve tourism, medical and business demand
▸ Potential room, dining and meeting income; subject to due diligence

Hotel identity, exact location, storeys and room count adjusted for privacy. Price, facilities and property details subject to due diligence and verification.
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FAQs

The unit for sale in George Town, Penang is RM 75,000,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 322,255 / mo.