Penang boutique hotel for Sale RM16m


Penang - the Pearl of the Orient - is the home of the George Town UNESCO World Heritage Site featuring Malaysia’s best restored and re-adaptive traditional architecture as well as a multitude of heritage trades and arts.

At only 2.5sq km, the George Town World Heritage Site is compact enough to be explored on foot, bicycle or trishaw. Nestled just outside the Core Heritage Zone lies the 12 room Campbell House, a luxury boutique hotel that lies in the Buffer Zone.

Heriitage zone of Georgetown

 

Campbell House Boutique Hotel

Key details

  • 12 rooms on 3 floors. Corner freehold lot of 3262sf.

  • Reception on GF, 1st floor lounge and reading room, 2nd floor lounge

  • Award winning restaurant on GF

  • Hotel floor area : about 7500sf

  • Restaurant floor area :about 3000sf

  • Price : RM16 million

A Historic Hotel Dating to 1903

“Last known as Tai Loke Hotel and left empty for 7 years prior to its purchase in 2008 by the current proprietors, it was a shadow of its once former glory, and had very little left of its original features. The two proprietors undertook a major renovation project using local traditional tradesmen to transform the building preserving its original structure and bones to create 11 luxury bedrooms incorporating Colonial charm and Asian heritage plus an authentic but modern Italian restaurant. The use of colorful Peranakan tiles and the beauty of rich wood bring back the nostalgic ambiance throughout this wonderful house.

Campbell Street has one of the most colorful histories in Georgetown, named after the then Inspector General Sir George William Robert Campbell in the mid-19th century, when it was created it was also know as Sin Kay and Sin Kai in Hokkien and Cantonese respectively which mean “New Street”. It was part of George Town’s New Chinatown, as Cantonese immigrants arrived working as coolies, tailors, goldsmiths and ironmongers, still evident to this day.

The street flourished as a red-light district and was known as “Fai Kai” which meant “Flower Street” and “Jalan Nona Baru” (the street of new maidens) all reference to the prostitutes offering their services.

After the 2nd World War Campbell Street was given a new lease of life and became a main shopping destination celebrated as Penang Island’s answer to 5th Avenue in the 1950’s and 60’s, it was the place to shop for shoes, bags, watches and textiles. Sadly, this dwindled when shopping malls and department stores mushroomed. However, there are still some Traditional Medicine Halls, jewellery, textile and bag shops still operating, plus the famous Campbell Street Market.'“

Source: Campbell House Penang website

Campbell House corporate video:

For enquiries contact :

May Tan, Real Estate Negotiator, Harmony Realty REN #00349

Mob 011 3904 6892

Email: maytmy1951@gmail.com.

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