Stunning 5.5-Storey Postwar Hotel on Campbell Street for Sale

campbell street, George Town, Penang

RM 18,000,000

Negotiable

sqft (floor)

17,000

sqft (floor)

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RM 1,059

psf (floor)


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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 19 Nov 2025
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Listing ID - 30240930
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17,000 sqft floor area

About this property

Art Deco Building on Campbell Street, Penang George Town.

This refurbished Art Deco building is located on the history Campbell Street in Penang George Town UNESCO World Heritage Site. It is commercialised as a block of serviced apartments.

A total of 50 units of serviced suites (40 ensuite bedrooms, 10 bedrooms with shared bathrooms) with high-speed WIFI, gymnasium, weekly cleaning services, pantry and laundry facilities and 50% rebate on food and coffee. On the ground level are the lobby reception, a restaurant, a cafe and a lounge bar cum restaurant with a private "safe room" dining. On the mezzanine level are the lounge bar, al fresco terrace, museum corner and outdoor gymnasium. Total LA circa 4700sqft and BU circa 17000sqft (2 lots). 

Monthly Rental Prices (3 months & above) **rates and availability may change**:-
Private studio MYR 1,000 per month
Deluxe Loft High Bunk MYR 700 per month
Deluxe Loft Low Bunk MYR 700 per month
Deluxe Loft Triple Room MYR 800 per month
Single Bed (shared bathrooms) MYR 400 per month
Twin Bed (shared bathrooms) MYR 400 per month

While its vintage heritage appeal is carefully maintained, all serviced apartments are modernly equipped with amenities and facilities for comfort living.

Blue-chip location — situated in the heart of George Town's most popular tourism vicinity, walking distance to a bundle of new and old retail outlets, restaurants, banks, commercial buildings, and sightseeing spots in downtown central.

The premises is also for sale MYR 18M o.n.o. (temporary hotel license). View to appreciate.
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FAQs
The unit for sale in George Town, Penang is RM 18,000,000.
No.
campbell street, George Town, Penang.
The estimated loan repayment amount is RM 77,341 / mo.