Menara BHL, Georgetown

Menara BHL (also known as BHL Tower) is a freehold office building that is located in Georgetown, Penang Island. The built-up available at this property is 1,184 sf to 2,250 sf. Other neighbouring developments 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.

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

• Asia Penang (Associated School Of Accountancy)
• Penang Buddhist Free School
• SJK (C) Union
• SM Sri Pelita
• SR Union
• School
• Sekolah Menangah Kebangsaan Agama (Perempuan) Al Mashoor

As for universities, there are Despark International College Penang, MCKL College (Penang, Metaverse Universal College, Spic International College Penang (Campus A & B), Spic International College Penang HQ (Campus C), Uow Malaysia Kdu Penang University College and Wawasan Open University. 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 6.0%. The highest rental yield ever recorded was 6.0% in Q1 2021; while the lowest one was 3.69% 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.