Large-Scale 4 Star Hotel | Penang Island | 300+Key | Value-Add Opportunity | NDA Required, Penang, Georgetown

FEATURED

Large-Scale 4 Star Hotel | Penang Island | 300+Key | Value-Add Opportunity | NDA Required

Georgetown, Penang

RM 240,000,000

Check loan eligibility est. RM 0 /mo

FEATURED

- Bed(s)

- Bath(s)

310,000 sqft(built up)

RM 774.19/sqft(built up)

Property details

Hotel / Leisure for sale

Listed on 10 Feb 2026

Listing ID - LIDM3818602

310,000 sqft

(built up)

Freehold tenure

RM 774.19/sqft

(built up)

About the listing

This is a large-scale 4-star hospitality asset located within Penang Island,
situated in an established tourism-oriented area.

The property comprises over 300 guest rooms and sits on a sizeable land
holding, offering potential for refurbishment, repositioning or rebranding
to enhance its market positioning.

Penang remains one of Malaysia’s key tourism destinations, supported by
consistent international and domestic visitor demand as well as a mature
hospitality ecosystem.

This opportunity is suitable for investors or operators seeking a value-add
hospitality asset within a prime island location.

Due to strict confidentiality and co-broking arrangements, further details including hotel identity and exact location will only be disclosed upon
execution of a Non-Disclosure Agreement (NDA).