【 RM752 psf 】RM405k / Room【 10sty Detached 】141 Rooms【 70,000sf 】

George Town, Penang

RM 53,000,000

Negotiable

Baths

10

Baths

sqft (land)

13,500

sqft (land)

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RM 3,925.93

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 - 502318404
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70,000 sqft floor area

About this property

【 RM752 psf 】RM405k / Room【 10sty Detached 】141 Rooms【 70,000sf 】

❈ KEY LOCATION HIGHLIGHTS
▸ George Town city center, Penang.
▸ Close to KOMTAR, First Avenue Mall, Armenian Street and Clan Jetties.
▸ Rapid Penang/CAT stop approximately. 4-minute walk; KOMTAR bus terminal close by.
▸ Tourism, shopping, business and leisure catchment.
▸ Planned Mutiara Line connection to KOMTAR may enhance future access.

❈ PROPERTY DETAILS
▸ Freehold standalone 3-star hotel for sale
▸ 10 storeys | 141 rooms
▸ Land approx. 13,500 sq.ft. | built-up approx. 70,000 sq.ft.
▸ RM53m | approx. RM752 psf | RM405k/room

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

❈ USP
▸ Freehold, 3-star standalone hotel with 141 rooms in central George Town
▸ Existing guest, dining, meeting and leisure facilities

❈ INVESTMENT EDGE
▸ Potential demand from heritage tourism, leisure and business travel
▸ Potential room, dining and meeting income; yield subject to due diligence

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

The unit for sale in George Town, Penang is RM 53,000,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 227,727 / mo.