Bukit Mertajam, Penang @ 7sty Detached - Freehold - 90 Rooms - RM362 psf - Next to KTM !

Description
❈ LOCATION HIGHLIGHTS ▸ Prime location in Bukit Mertajam, one of Penang’s key commercial and residential hubs. ▸ Surrounded by AEON Mall Bukit Mertajam, BM Town, KPJ Penang Specialist Hospital, government offices, industrial parks, and established residential neighbourhoods. ▸ Strong catchment from business travellers, factory visitors, local residents, and domestic tourists. ▸ Approximately 5 minutes’ walk to Bukit Mertajam bus terminal and 15 minutes’ drive to KTM Bukit Mertajam, providing connectivity to Butterworth and mainland Penang. ▸ Growth supported by Batu Kawan industrial expansion, Penang South Island development, and continuous township upgrades. ❈ PROPERTY DETAILS ▸ 7-storey detached 3-star hotel ▸ Freehold tenure ▸ Land area: approx. 6,232 sq ft ▸ Total built-up: approx. 38,000 sq ft (approx. RM362 psf) ▸ 88 fully fitted guest rooms (approx. RM157,000 per room) ▸ Renovated with modern finishes, saving up to RM4.5 million in renovation costs ▸ Contemporary design with welcoming lobby, comfortable rooms, and efficient layouts for business and leisure guests ▸ Facilities include café, meeting room, reception area, lift access, back-of-house facilities, and on-site parking bays ▸ Potential for small event hosting, corporate stays, and long-stay packages ▸ Asking price: RM13.8 million ❈ INVESTMENT EDGE / ADVANTAGES ▸ Affordable freehold hotel asset in growing Penang mainland hub ▸ Stable demand from industrial and commercial catchment ▸ Turnkey condition with immediate operating potential ▸ Attractive entry price with strong yield upside ❈ PUNCHLINES ▸ Freehold 3-Star Hotel in Bukit Mertajam ▸ Low Entry Price | Turnkey | Stable Demand ▸ Near Industrial Hub | Strong Growth Potential ❈ DISCLAIMER Content & photos may differ. Viewing recommended for accurate assessment. ❈ AGENT BRANDING VIVAHOMES ‘ ’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share
Location
Bukit Mertajam, Penang, Malaysia
Interested in this unit?
ListIN connects you with the listing agent.
Property Details
RM 13800000.00
Commercial, Hotel / Resort
88
Bedrooms
0
Bathrooms
38000
Built-up (sq.ft.)
6200
Land (sq.ft.)
0
Car Parks
