Simpang Ampat
Simpang Ampat, Penang
RM 19,000,000
Negotiable
10
Baths
42,000
sqft
RM 452.38
psf
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About this property
6sty Corner - 4 Adjoin-lot - Freehold - RM452psf ! RM452psf ! RM452psf
❈ LOCATION HIGHLIGHTS
▸ Prime location in Simpang Ampat, Penang, one of Mainland Penang's fastest-growing commercial and industrial hubs
▸ Surrounded by Batu Kawan Industrial Park, Penang Science Park, logistics centres, business parks and mature residential townships
▸ Close to IKEA Batu Kawan, Design Village Outlet Mall, AEON Mall Bukit Mertajam, KPJ Penang Specialist Hospital and government offices
▸ Strong catchment from industrial workforce, engineers, business travellers, contractors and corporate visitors
▸ Approximately 10 mins to Bukit Mertajam KTM Station, 15 mins to Batu Kawan and 25 mins to Penang Bridge
▸ Growth driven by industrial expansion, semiconductor investments, logistics growth and Batu Kawan township development
❈ PROPERTY DETAILS
▸ 6-Storey Corner Hotel – 4 Adjoining Lots
▸ Freehold
▸ Land Area: Approx. 7,200 sf
▸ Built-up: Approx. 42,000 sf (RM452 psf)
▸ Configuration: 96 Fully Fitted Guest Rooms (~RM202k per room)
▸ Tastefully renovated with modern finishes – save up to RM4.7 million renovation cost
▸ Contemporary hotel ambience featuring spacious lobby, comfortable guestrooms and efficient hospitality layout
▸ Asking Price: RM19 Million
❈ INVESTMENT EDGE
▸ Rare freehold hospitality asset within Mainland Penang's industrial growth corridor
▸ Attractive acquisition at only RM452 psf and ~RM202k per room
▸ Strategic location benefiting from continuous industrial and data-centre investments
▸ Strong demand from multinational corporations, contractors and business travellers
▸ Long-term upside supported by Batu Kawan expansion and Penang's manufacturing growth
▸ Attractive entry based on freehold tenure, 96-room scale, low acquisition cost per key and strategic positioning within Penang's booming industrial corridor
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
▸ Prime location in Simpang Ampat, Penang, one of Mainland Penang's fastest-growing commercial and industrial hubs
▸ Surrounded by Batu Kawan Industrial Park, Penang Science Park, logistics centres, business parks and mature residential townships
▸ Close to IKEA Batu Kawan, Design Village Outlet Mall, AEON Mall Bukit Mertajam, KPJ Penang Specialist Hospital and government offices
▸ Strong catchment from industrial workforce, engineers, business travellers, contractors and corporate visitors
▸ Approximately 10 mins to Bukit Mertajam KTM Station, 15 mins to Batu Kawan and 25 mins to Penang Bridge
▸ Growth driven by industrial expansion, semiconductor investments, logistics growth and Batu Kawan township development
❈ PROPERTY DETAILS
▸ 6-Storey Corner Hotel – 4 Adjoining Lots
▸ Freehold
▸ Land Area: Approx. 7,200 sf
▸ Built-up: Approx. 42,000 sf (RM452 psf)
▸ Configuration: 96 Fully Fitted Guest Rooms (~RM202k per room)
▸ Tastefully renovated with modern finishes – save up to RM4.7 million renovation cost
▸ Contemporary hotel ambience featuring spacious lobby, comfortable guestrooms and efficient hospitality layout
▸ Asking Price: RM19 Million
❈ INVESTMENT EDGE
▸ Rare freehold hospitality asset within Mainland Penang's industrial growth corridor
▸ Attractive acquisition at only RM452 psf and ~RM202k per room
▸ Strategic location benefiting from continuous industrial and data-centre investments
▸ Strong demand from multinational corporations, contractors and business travellers
▸ Long-term upside supported by Batu Kawan expansion and Penang's manufacturing growth
▸ Attractive entry based on freehold tenure, 96-room scale, low acquisition cost per key and strategic positioning within Penang's booming industrial corridor
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
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The unit for sale in Simpang Ampat, Penang is RM 19,000,000.
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Simpang Ampat, Penang.
The estimated loan repayment amount is RM 81,638 / mo.
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