【 RM563 psf 】Freehold【 2 Adjoin-lot 】8,000sf
George Town, Penang
RM 4,500,000
Negotiable10
Baths
8,000
sqft
RM 562.50
psf

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About this property
【 RM563 psf 】Freehold【 2 Adjoining lots 】8,000sf
❈ KEY LOCATION FEATURES
▸ Prime position within George Town’s tourism and heritage corridor
▸ Close to UNESCO attractions, Komtar and Penang Road
▸ Encircled by cafés, restaurants, retail and tourist amenities
▸ High demand from tourists, families and weekend visitors
❈ PROPERTY DETAILS
▸ 2 Adjoining Intermediate Lots
▸ Freehold
▸ Approx. 4 Storeys
▸ Land Area: Approx. 3,508 sf
▸ Built-up: Approx. 8,000 sf
▸ Approx. 14 fitted guestrooms
▸ Asking Price: RM4.5 million
▸ Approx. RM563 psf / RM375k per operational room
❈ FACILITIES & USP
▸ Reception and guest waiting area
▸ Fitted guestrooms with attached bathrooms
▸ Housekeeping, storage and operational areas
▸ Two-lot configuration offers flexible space planning
▸ Existing tenancy provides immediate recurring income
▸ Suitable for boutique hotel, guesthouse, hostel or co-living use
FREEHOLD • 2 LOTS • 14 ROOMS
Hotel identity, exact location, storeys and room count have been adjusted for owner privacy. Tenancy, income, operational room count, lift availability, licences, facilities and property details are subject to verification.
▸ Prime position within George Town’s tourism and heritage corridor
▸ Close to UNESCO attractions, Komtar and Penang Road
▸ Encircled by cafés, restaurants, retail and tourist amenities
▸ High demand from tourists, families and weekend visitors
❈ PROPERTY DETAILS
▸ 2 Adjoining Intermediate Lots
▸ Freehold
▸ Approx. 4 Storeys
▸ Land Area: Approx. 3,508 sf
▸ Built-up: Approx. 8,000 sf
▸ Approx. 14 fitted guestrooms
▸ Asking Price: RM4.5 million
▸ Approx. RM563 psf / RM375k per operational room
❈ FACILITIES & USP
▸ Reception and guest waiting area
▸ Fitted guestrooms with attached bathrooms
▸ Housekeeping, storage and operational areas
▸ Two-lot configuration offers flexible space planning
▸ Existing tenancy provides immediate recurring income
▸ Suitable for boutique hotel, guesthouse, hostel or co-living use
FREEHOLD • 2 LOTS • 14 ROOMS
Hotel identity, exact location, storeys and room count have been adjusted for owner privacy. Tenancy, income, operational room count, lift availability, licences, facilities and property details are subject to 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 4,500,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 19,335 / mo.
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