George Town, Penang 10200

LATEST
Retail
NZD $1,657,523
MYR RM3,800,000
Published on: 09 Oct 2026
Last updated on: 10 Oct 2026
George Town, Penang 10200
George Town, Penang 10200
George Town, Penang 10200
+8
George Town, Penang 10200
  • 8
Property ID: 370120441869
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Key property information

Floor Area
278.71 m2

Refurbished Heritage Shophouse on Beach Street, George Town UNESCO World Heritage Site.

George Town, Penang 10200
This rare opportunity offers a beautifully restored heritage shophouse, strategically located along the iconic Beach Street in the heart of George Town, Penang, within the UNESCO World Heritage Site. The property is nestled amidst key historical landmarks, with easy access to Armenian Street, Weld Quay, and Chulia Street—making it a prime location for business and tourism. 

This freehold property spans 1,804 square feet of rectangular land and boasts an impressive built-up area of approximately 3,000 square feet. Currently tenanted by a popular café at MYR 3,000 per month, with the lease expiring in May 2026 and rental will be increased to MYR 5,500 per month upon renewal, it offers immediate rental income and an attractive return on investment.

The shophouse has been meticulously refurbished and renovated, retaining its heritage charm while being move-in ready for any business operation. Surrounded by vibrant restaurants, retail outlets, commercial offices, and hotels, the location enjoys heavy foot and car traffic, making it an ideal investment for those looking to capitalize on the bustling tourist and local activity in George Town.

Priced at MYR 3.8 million o.n.o., this property offers a unique investment opportunity in one of Penang’s most sought-after areas. Don’t miss the chance to own a piece of history in a prime commercial location. Contact us to view and appreciate this gem!

Property Details

Basic Info

Property Type
Retail
Address
George Town, Penang 10200
Contact Agent
EUGENE TUNG
EUGENE TUNG
PG PROPERTY ANGEL
508-2-3A TANJUNG POINT JALAN TANJUNG TOKONG 10470 TANJUNG TOKONG PULAU PINANG, Penang
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Email enquiry to PG PROPERTY ANGEL

EUGENE TUNG
EUGENE TUNG
508-2-3A TANJUNG POINT JALAN TANJUNG TOKONG 10470 TANJUNG TOKONG PULAU PINANG, Penang
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      Property ID: 370120441869

      Original Property ID: 3818733
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