Listing Information

Listing Type
Commercial / Sale
Co-agency Listing
No
Floor Number
5
Property Type
Hotel / Resort
Property Sub Type
Hotel
Tenure
Freehold
Title Type
Strata
Occupancy
Tenanted
Built-up
2,447 sqft
Price per sq.ft.
RM 24519.82 psf
Listed By
Agent

Description

Boutique Hotel for Sale – RM60,000,000
Location: George Town, Penang (UNESCO World Heritage Site)
Type: 3-Star Boutique Hotel | Freehold
Property Highlights
• Strategically located within George Town’s iconic heritage zone
• Tastefully furnished rooms designed for relaxation and comfort
• Contemporary interiors with modern amenities
• Well-established hotel with strong hospitality appeal
Dining & Lifestyle
• Signature restaurant serving contemporary Asian & Malaysian cuisine
• Halal Thai restaurant open for lunch & dinner
• Coffee shop & inviting outdoor seating area
• All restaurants use locally sourced ingredients for a unique culinary experience
Room Features
• Family rooms with air-conditioning
• Private bathrooms & free high-speed WiFi
• Amenities: bidet, hairdryer, fridge, work desk, toiletries, shower, TV, electric kettle, wardrobe
Facilities
• Free on-site private parking
• Excellent accessibility to nearby attractions, shops, and public transport
Ideal Investment
Perfect for investors seeking a reputable hospitality business in one of Malaysia’s most vibrant cultural hubs.
Contact Information
Evian Choong – Real Estate Negotiator
WhatsApp; +6012-579 7777
Email; [email protected]

Address / Map

Address10450 George Town, Pulau Pinang, Malaysia
CityGeorge Town
StatePulau Pinang
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Mortgage Calculator

Lowest Verified Bank Rate4.50%

Mortgage Breakdown

Estimated Monthly PaymentRM 0 / mo
31%69%
RM 0 PrincipalRM 0 Interest

Upfront Costs

Total Down PaymentRM 6,000,000
10%90%
Down PaymentRM 54,000,000 Loan Amount, Loan-to-value 90%

5 Major Banks — Official Rate Check

Select a bank’s published indicative rate to recalculate the estimate.

Checked 24 Aug 2026
MaybankVerification pending · Effective 11 July 2025 · Official source
3.90%
CIMBVerification pending · Effective 14 July 2025 · Official source
5.10%
Public BankOnline verified · Checked 24 Aug 2026 · Official source
4.50%
Hong Leong BankVerification pending · Official source
4.50%
RHBOnline verified · Effective 11 July 2025 · Checked 24 Aug 2026 · Official source
4.50%
For reference only. Final loan rate depends on bank approval, buyer profile and current bank package. Published rates are comparison estimates only; the bank’s final offer depends on property, loan amount, borrower profile and approval. Some pages could not be verified today, so their last verified or baseline rate is clearly marked.
What is the listed price?

The listed price is RM 60,000,000.

Where is this property located?

This property is located in George Town, Pulau Pinang.

What type of property is this?

This listing is a Hotel / Resort.

What key property details are available?

Hotel / Resort · Hotel · 2,447 sqft.

Is this property for sale?

Yes, this property is listed for sale.

How can I arrange a viewing?

Use the WhatsApp or Phone button on this page to contact the property owner or agent directly.

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