George Town, Penang @ 4 Star - 469 Rooms - RM784 / Room - 4 Star Facilities Tourist Hotspot

❈ LOCATION HIGHLIGHTS ▸ Prime Tourism Belt in Penang – positioned within one of the island’s most active hotel, leisure & lifestyle corridors ▸ High-Demand Catchment – strong flow from families, leisure tourists, corporate travellers, MICE events, long-stay guests & expatriates ▸ Future Growth Potential – Gurney Wharf, tourism expansions, healthcare tourism growth & continuous inflow of regional travellers ensure long-term appreciation & performance stability ❈ PROPERTY DETAILS ▸ Property Type: 4-Star Standalone Hotel ▸ Building Height: 54 storeys – towering landmark with exceptional skyline visibility ▸ Configuration: 469 fully fitted guest rooms (~RM784 per room equivalent) ▸ Condition: Modern, premium finishing; meticulously maintained – potential CAPEX savings worth millions ▸ Design & Ambience: Contemporary hotel concept with luxurious tones, soft lighting, spacious corridors, elegant lobby & premium guestroom layout optimised for both business and leisure stay ▸ Facilities & Spaces Generating Additional Revenue: – Large banquet halls & meeting rooms (MICE income) – All-day dining restaurant, café & lounge – Sky facilities (rooftop level opportunities) – Swimming pool, gym & wellness spaces – Ample parking lots with potential monthly parking income stream – Retail/ancillary spaces suitable for extra revenue ▸ Asking Rental: RM360,000 per month ▸ Buyover Fee: Required (details upon request) ❈ INVESTMENT EDGE / ADVANTAGES ▸ Flagship Penang 4-star asset with rare 469-room inventory ▸ Ideal for corporate groups, tourism operators & branded hotel chains ▸ Strategic placement in a high-tourist corridor with year-round demand ▸ Large banquet, events & F&B spaces unlocking multiple revenue pillars ▸ Strong capital appreciation prospects supported by continuous Penang tourism growth ❈ DISCLAIMER Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Viewing recommended for accurate assessment.