Menara Penang Garden, Georgetown

Menara Penang Garden (also known as Penang Garden Tower) is a freehold office building that is located in Georgetown, Penang Island. The built-up available at this property is 3,400 sf. Other neighbouring developments around here are Bangunan Sri Weld, Gurney Tower, Menara BHL, Menara Boustead, Menara KWSP, Menara Liang Court, Wisma Getah, Wisma Lister Garden, Wisma Penang Garden and Wisma Perkeso.

Property Type
Office Building
Land Tenure
3,400 sf
Market Price
Total Units
Completion Date
Launch Price

This office building has some amenities nearby, for example schools, universities and hospitals. The following are some main schools here:

As for universities, there are Advance Tertiary College Penang (ATC), Despark International College Penang, Equator College, MCKL College (Penang, Ri Yaz College (Member Of Mvu Metaverse Universal Holdings), Sense Perfect International College (Spic), Uow Malaysia Kdu Penang University College and Wawasan Open University. There are also some hospitals here, i.e. Gleneagles Hospital Penang, Hospital, Lam Wah Ee Hospital Tcm Branch, Peace Medical Centre and St Stamford Modern Cancer Hospital Guangzhou.

The current rental yield of Menara Penang Garden is around 5.02%. The highest rental yield ever recorded was 5.02% in Q1 2019; while the lowest one was 3.94% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Menara Penang Garden sale listings:

TarikhJenis HartanahBinaanHarga
7 Aug 2022Office7,835 sfRM3,200,000
27 Jul 2020Office3,400 sfRM1,690,000
11 Feb 2020Office3,400 sfRM1,850,000
21 Jan 2020Office3,400 sfRM1,850,000
15 Jan 2019Office1,368 sfRM550,000

Latest Menara Penang Garden rental listings:

TarikhJenis HartanahBinaanSewaan
16 Nov 2023Office3,200 sfRM7,500
29 Aug 2023Office3,168 sfRM7,480
26 Jun 2023Office3,168 sfRM7,480
15 May 2023Office3,200 sfRM7,500
26 Apr 2023Office3,168 sfRM6,900
5 Dec 2022Office1,600 sfRM3,200
15 Nov 2022Office3,168 sfRM5,000
18 Sep 2022Office3,168 sfRM5,800
1 Sep 2022Office1,600 sfRM3,200
6 Jul 2022Shop-Office3,168 sfRM7,480
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