【 RM752 psf 】RM405k / Room【 10sty Detached 】141 Rooms【 70,000sf 】
George Town, Penang
RM 53,000,000
Negotiable10
Baths
13,500
sqft (land)
RM 3,925.93
psf (land)

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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.
▸ 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.
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 53,000,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 227,727 / mo.
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