For
RENT MYR 20,000
per month
MYR 5/sq.ft
Title: Freehold
Tenure: 0 Years
Bedroom:
Bathroom:
Built-up Area: 8,000 sq.ft
Land Area: 4,073 sq.ft.
Others:
Tenanted
Rental Return: MYR 0
No of Years: 0
Commencement Date :
This extremely unique, freehold, LISTED real estate, bearing the address no. 8, Penang Street — possesses two frontages facing Penang Street and King Street, in the heart of Penang George Town UNESCO World Heritage Site, Core Zone.
Sited on a rectangularly shaped, 4073sqft freehold land, comes with a total built-up area of approximately 8,000sqft.
Now for sale at MYR 8.8M o.n.o. and also available to let at MYR 20k monthly o.n.o.
View to appreciate.
About King Street
King Street, also known today as Lebuh King, is a street within the historic core of George Town Unesco World Heritage Site. Today it is a one-way street with traffic flowing from Chulia Street to Light Street. King Street dates to the late 18th century, and was already in the original grid laid out by Francis Light. In the earliest days, the street leads from Light Street, which was reserved for Europeans, towards land parcelled out to the Chinese community. By the mid-19th century and into the 20th, as Europeans moved away into the suburbs, wealthy Chinese began to buy up the real estate all the way until Light Street itself.
The Hokkiens in Penang call King Street by different names, depending on its location. The section from Light Street to Bishop Street was called Kau1 Keng3 Chu1 Au33, meaning "the back of the nine townhouses". This name refers to nine terrace houses with their front towards Penang Street and their back to King Street. They were the favored addresses of the Chinese nouveau riche.
The section of King Street between Bishop Street and China Street was the heart of the Cantonese community in 19th century George Town. A number of Cantonese district associations and temples are located here. The Hokkiens called it the Kin1 Tang3 Tua3 Pek1 Kong3 Kay1, in reference to the Cantonese Tua Pek Kong Temple located there.
The section of King Street between China Street and Market Street was called Ku Ho Seng Kongsi Kay, meaning "Former Ho Seng Association Street", because the Ho Seng Secret Society used to have its base at 53 King Street, next to Poe Choo Seah.
Source from www.penang-traveltips.com