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Penang · George Town

George Town - 1
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Hotel / ResortFor Sale

George Town

RM 5,800,000

George Town, Penang

10Baths

Bathrooms

6,000 sqft

Size

Freehold tenure

Tenure

Description

This 5-storey building with rooftop is a well-established operation, enjoying positive guest reviews and a mature, proven business track record, making it ideal for investors seeking immediate income.Property Highlights:- 5-storey building (inclusive of rooftop)- Land area: approx. 1,366 sqft ; Built-up: approx. 6,000 sqft- 15 rooms- Located within UNESCO Heritage Zone , just a short stroll to Armenian Street and other iconic tourist attractions — everything is practically a stone’s throw away.- Prime tourist hotspot with strong occupancy rateAsking Price: RM5,800,000 only (negotiable)An excellent acquisition for investors looking for a ready, income-generating hospitality asset in one of Penang’s most sought-after heritage locations.

Specifications

Property TypeHotel / Resort
FurnishingPartially Fitted
Built-up Size6,000 sqft
TenureFreehold tenure
Listed Date12 Mar 2026

Location

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📍 George Town, Penang

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Vick Teoh

Vick Teoh

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Vick Teoh

Vick Teoh

ESP PROPERTIES SDN BHD