FOR SALE Commercial Luxury Suites LRT Airbnb Investment

Noordinz Suites @ Freehold Airbnb Investment in Georgetown Penang | 2 LRT station beside

As Low As RM590,000 Gross Price

49, Gat Lebuh Noordin, George Town, 10300 George Town, Pulau Pinang, Malaysia

14 Photos

Overview

Property ID : RH-28695-property

Bedrooms

Bathrooms

Area

377 sq ft

Description

Present to u, Latest Georgetown Freehold Luxury investment suites, is the one and only project in Penang, with just walking distance to all the Tourism Spots, markets, Komtar (Penang Landmark) and Future LRT Station (confirmed)

What so special about this location?

The only project in Penang with walking distance to 2 LRT Stations (Komtar Main Station & Macallum Interchange Station)
Nearest location to Tourism Spots and Signature Tower (Komtar)
Right Beside UNESCO Zone, no competitors or future development going to be built infront of you.

Remark: Meaning Noordinz Suites is the only building that can have these location and human traffic benefits.

Red and Green color zone – UNESCO ZONE – u cannot demolish anything here.

What so special about Noordinz Suites?

Freehold Title
One of the only project having Legal License to operate Airbnb. (Only applicable in Penang Island)
Highest building in this area (Maximum Exposure)
Highest sky pool L29 in Georgetown
2 min walking distance to LRT | 7 min walking distance to Komtar | 5min to tourism spot
Able to generate 3X income higher than other location in Penang
Instagrammable concept
Top 1 Airbnb Developer – Exsim (More than 40+ projects and more than 10 pure investment airbnb projects) With a proven track record and a reputation for excellence.
Free Airbnb Management by Exsim Operator, handling all furnishing, operation etc.
Super Low Entry, everyone can own from RM600k onwards
Limited time super low downpayment
etc…

Target Tenants in Georgetown:

Tourism (Penang State Government Main source of income)
Medical Tourism (Top 1 in Malaysia)
Youngster market
Business Expats
Students market

Quick Glance of Market Data in Penang Georgetown (Updated on 2024 Oct)

**Up to date: Georgetown ranked 1st place in performing Airbnb in whole malaysia, surpassing KK and KL.**

Currently Airbnb Performance in Georgetown:

**Average earning per month by exisiting owner = RM5.6k**

2024 Q1-Q3 Average Daily Rate For Studio in Georgetown: RM250/ night

2024 Q1-Q3 Average Daily Rate for Dual Key: RM200/night x 2 = RM400

2024 Q1-Q3 Average Occupany Rate: 72% (21days)

(Data shown above are proven to be right with real in house data by experienced operator)

Access to full report and actual revenue analysis

Full set of Latest Market Analysis (On completed product 218 Macalister Tropicana), Investment Strategy, Cash Flow analysis and holding plan is available for investor, kindly contact Maurice at 01156935598 to secure a zoom or showroom analysis.

Click >> Download Brochure<< button to get latest info kit in whatsapp

Floor Plans

Luxury Studio Luxury Dual Key

Luxury Studio

RM590,000 Gross

Bigger layout that can accomodate 1-4 pax

Bedrooms

Bathrooms

Size

377

Luxury Dual Key

RM958,000 Gross

Dual Key concept that consist of 2 studio, accomodating 1-7 pax family members

Bedrooms

Bathrooms

Size

603 sqft

Property Video

Noordinz Video

Property Virtual Tour

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