Colonial Mansion on Expansive Grounds, Peel Avenue, Pulau Tikus.

Property details

About the listing

A rare opportunity has emerged in the heart of Pulau Tikus with this distinguished double-storey colonial heritage mansion, set on an expansive parcel of approximately 35,000 sq ft. Classified as a Category II heritage property, the facade is to be preserved, while the interiors allow for adaptive reuse and modernisation. With residential zoning and potential commercial or institutional flexibility (subject to approval), the property offers immense versatility.

For sale at RM52 million negotiable, or for rent at RM40,000 per month negotiable, this estate presents a trophy acquisition in one of Penang’s most prestigious addresses. The large grounds, dual entry access, and flexible layout make it well-suited for a variety of uses, whether as a luxury private residence, a consulate, a boutique hotel or retreat, a medical or wellness centre, or an educational or cultural institution. 

Its location is unrivalled. The mansion sits just 700 metres from Island Hospital and within minutes of Gleneagles Penang, Gurney Paragon, and Gurney Plaza, as well as the vibrant Gurney Drive seafront. Surrounded by luxury condominiums, embassies, and private schools, and only 30 minutes from Penang International Airport, the property combines heritage charm with urban convenience.

This is a one-of-a-kind offering for discerning investors or operators seeking to secure a landmark property in George Town. Whether purchased for long-term conservation or leased for immediate use, this colonial mansion represents both prestige and potential.