Menara BHL, Georgetown

Menara BHL (also known as BHL Tower) is a freehold office building located in Georgetown, Penang Island. The built-up available at this project is 1,184 sf to 2,250 sf. Other neighbouring projects nearby are Canton Square, Gurney Tower, Menara Boustead, Menara KWSP, Menara Liang Court, Menara Penang Garden, Wisma Getah, Wisma Lister Garden, Wisma Penang Garden and Wisma Perkeso.

Property Type
Office Building
Land Tenure
Freehold
Built-up
1,184 sf - 2,250 sf
Market Price
RM650,000 - RM860,000
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This office building has many amenities nearby, i.e. universities, schools and hospitals. The following are some of the main universities here:

As for schools, there are Penang Buddhist Free School, SJK (C) Union, SM Sri Pelita, SRJK (C) Union, School and Sekolah Penang Church. There are also some hospitals here, for example Gleneagles Hospital Penang, Hospital and St Stamford Modern Cancer Hospital Guangzhou.

The current rental yield of Menara BHL is around 3.88%, compared to 4.43% 3 years ago in Q4 2019. The highest rental yield ever recorded was 6.0% in Q1 2021; while the lowest one was 3.42% in Q1 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Menara BHL is 1,184 sf with a median price of RM630 psf. For price wise, the most expensive one is 1,184 sf with a median price of RM630 psf; while the cheapest one is 2,250 sf with a median price of RM380 psf.

Latest Menara BHL for sale listings:

DateTypeBuilt-upPrice
18 Jul 2022Office2,250 sfRM693,000
13 Nov 2021Shop-Office1,432 sfRM950,000
11 Nov 2021Office1,184 sfRM750,000
11 Nov 2021Office1,250 sfRM750,000
4 Nov 2021Office1,431 sfRM850,000
26 Oct 2021Office1,250 sfRM650,000
29 Jul 2021Office1,250 sfRM650,000
16 Jun 2021Office1,432 sfRM888,000
6 May 2021Office1,184 sfRM750,000
29 Apr 2021Office1,431 sfRM750,000

Latest Menara BHL for rent listings:

DateTypeBuilt-upRental
11 Nov 2021Office1,600 sfRM2,800
11 Sep 2021Office1,600 sfRM2,800
3 Aug 2021Office12,023 sfRM24,046
30 Jul 2021Office1,600 sfRM2,800
26 Jul 2021Office1,200 sfRM1,900
21 Jul 2021Office25,274 sfRM50,548
19 Jul 2021Office1,150 sfRM1,900
14 Jul 2021Office2,250 sfRM4,500
21 Jun 2021Office6,000 sfRM12,000
22 Jun 2021Office1,600 sfRM2,800
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