Hotel for Sale in Malacca, Malaysia

- This is a non operational hotel that stopped operations in 2020 during the pandemic.
- The business was making losses at that time due to bad management which why there is no reported sales and run rate sales given.
- The 5-star, 22-storey hotel is strategically located at Jalan Parameswara in the City Centre of Melaka, Malaysia,.
- It is less than 500 meters from the famous Melaka’s A Famosa and surrounded by numerous tourist attractions such as Melaka Sultanate Palace Museum, Melaka River Park & Cruise, Menara Taming Sari, Windmill Dutch Square, Maritime Museum, St Paul’s Church, and Stadthuys, making it an attractive destination for tourists.
- The property consists of 3 owned parcels of commercial land with a total land area of 136,077.36 sq ft and a gross floor area of 601,148.96 sq ft.
- It is erected with a 5-star hotel featuring 494 rooms and ample car parking space including an open space and a 2-level basement.
Key features and amenities of the hotel include a pool, television, air conditioning, coffee maker, maid service, kitchen, microwave, mini-bar, non-smoking rooms, phone, refrigerator, safe, and internet access.
- The business has all the necessary licenses to operate a hotel.