Georgetown, Penang
RM 15,000,000Shop lot For Sale
, posted 6 hours ago
12,000
 sq.ft
Description
12 Adjoining Heritage Shoplots @ Off Penang Road, George Town
***Photo for illustration prupose only***
🏆 TROPHY INVESTMENT: 12 Adjoining Heritage Shoplots @ Off Penang Road, George Town
An Unprecedented Redevelopment & Placemaking Opportunity | RM 15M Negotiable
Opportunities of this scale in George Town’s historic enclave are virtually non-existent. We are pleased to present a rare, contiguous row of 12 adjoining heritage shoplots located just off Penang Road—one of Penang's most iconic, high-foot-traffic tourism and commercial arteries.
Offering a massive combined footprint of over 12,000 sqft, this interconnected portfolio is the ultimate canvas for a flagship heritage hotel, a vibrant F&B and retail precinct, creative co-living, or a landmark cultural hub.
Property Highlights:
Location: Prime spot Off Penang Road, George Town, Penang (UNESCO World Heritage Zone)
Unit Count: 12 Adjoining Units (Rare continuous street frontage)
Land Area: 12,000sq. ft. (inclusive of part of simpanan laluan / access reserve)
Tenure: Freehold
Asking Price: RM 15,000,000 (Negotiable) — Approx. RM 1,217 psf on land
Why This is a Generational Investment:
Unrivalled Scale: Acquiring 12 continuous units allows you to bypass the typical hassle of piecemeal acquisitions. You can integrate interiors for large-scale operations while preserving the beautiful historic facade.
Tourism & Commercial Epicentre: Positioned just off Penang Road, you are steps away from major tourist hotspots, bustling hawker centers, boutique hotels, and popular transit routes, ensuring high natural footfall.
Infinite Creative Potential: Perfect for:
A Boutique Heritage Hotel or Backpacker Resort
An artisanal F&B, retail, and arts enclave (akin to a mini cultural village)
Co-working, co-living, or creative corporate headquarters
High-yield commercial lease-outs to multiple trendy tenants
For more information, architectural insights, or to arrange a private site walkthrough, please contact us today. Serious inquiries only.
Alex Lim
wa.me/6
🏆 TROPHY INVESTMENT: 12 Adjoining Heritage Shoplots @ Off Penang Road, George Town
An Unprecedented Redevelopment & Placemaking Opportunity | RM 15M Negotiable
Opportunities of this scale in George Town’s historic enclave are virtually non-existent. We are pleased to present a rare, contiguous row of 12 adjoining heritage shoplots located just off Penang Road—one of Penang's most iconic, high-foot-traffic tourism and commercial arteries.
Offering a massive combined footprint of over 12,000 sqft, this interconnected portfolio is the ultimate canvas for a flagship heritage hotel, a vibrant F&B and retail precinct, creative co-living, or a landmark cultural hub.
Property Highlights:
Location: Prime spot Off Penang Road, George Town, Penang (UNESCO World Heritage Zone)
Unit Count: 12 Adjoining Units (Rare continuous street frontage)
Land Area: 12,000sq. ft. (inclusive of part of simpanan laluan / access reserve)
Tenure: Freehold
Asking Price: RM 15,000,000 (Negotiable) — Approx. RM 1,217 psf on land
Why This is a Generational Investment:
Unrivalled Scale: Acquiring 12 continuous units allows you to bypass the typical hassle of piecemeal acquisitions. You can integrate interiors for large-scale operations while preserving the beautiful historic facade.
Tourism & Commercial Epicentre: Positioned just off Penang Road, you are steps away from major tourist hotspots, bustling hawker centers, boutique hotels, and popular transit routes, ensuring high natural footfall.
Infinite Creative Potential: Perfect for:
A Boutique Heritage Hotel or Backpacker Resort
An artisanal F&B, retail, and arts enclave (akin to a mini cultural village)
Co-working, co-living, or creative corporate headquarters
High-yield commercial lease-outs to multiple trendy tenants
For more information, architectural insights, or to arrange a private site walkthrough, please contact us today. Serious inquiries only.
Alex Lim
wa.me/6
Property Details
Property Type
Shop lot
Tenure Type
Freehold
Land Title
Non Bumi Lot
Mortgage Estimation
RM 62,904
Estimated monthly installment (Interest rate 3.8%)
⚠️ This is for reference only and is not a quote. Results vary according to different financial institutions. Mudah.my doesn't guarantee it's accuracy or applicability to your circumstances.
You May Also Like
Contact Agent
Shortlist, compare, decide — faster on the app.
Scan QR to Download App
4.7
200K+ reviews
Mortgage Estimation
RM 62,904
Estimated monthly installment (Interest rate 3.8%)
⚠️ This is for reference only and is not a quote. Results vary according to different financial institutions. Mudah.my doesn't guarantee it's accuracy or applicability to your circumstances.