Budget Hotel for Sale

Prime Investment Opportunity – Budget Hotel in Ipoh Town

An excellent opportunity to acquire a well-established budget hotel business strategically located in the heart of Ipoh Town. Situated in the prime area of Greentown, this property benefits from strong visibility, high traffic flow, and a well-developed surrounding infrastructure.

The hotel enjoys a highly convenient location within walking distance to major banks, shopping malls, food courts, and some of Ipoh’s most popular dining spots. The MBI government office is also located nearby, making it an ideal choice for both business and leisure travellers.

This 3-storey budget hotel comprises a total of 20 well-maintained and spacious guest rooms, thoughtfully distributed across all floors. Additionally, there are 2 ground floor units with potential for conversion into hostel-style accommodation, offering further revenue opportunities.

The property comes fully furnished and is equipped with a 9-passenger lift, providing convenience and comfort for guests. Complimentary WiFi access is available throughout the premises, along with two parking bays, which are renewable annually with MBI.

Property Highlights
• Sale includes hotel business and operating licence (excluding building)
• Prime location in Greentown, Ipoh
• 3-storey building with 20 guest rooms
• Additional ground floor space for expansion potential
• Fully furnished and operational
• Lift (9-passenger capacity)
• Free WiFi and parking facilities

Accessibility
• Opposite a food court
• 5-minute drive to Ipoh Parade
• 10-minute drive to Ipoh General Hospital
• Close to renowned chicken rice and dim sum eateries

Asking Price: RM 1,250,000 (Bank Valuation: RM 1.45 million) – Negotiable

Ready for Viewing
For further enquiries or to arrange a viewing, please contact:
🇲🇾 Kumaresan / Murugan
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