【 RM417 psf 】14sty【 4 Star 】114 Rooms【 180,000sf 】Freehold
George Town, Penang
RM 75,000,000
Negotiable10
Baths
21,000
sqft (land)
RM 3,571.43
psf (land)

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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.
▸ 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.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
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.
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