This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million.
Working towards innovative ideas and holistic management on the George Town UNESCO World Heritage Site for the benefit of the local people, she incorporated built conservation with elements of disaster risk reduction and intangible cultural heritage safeguarding to create a sustainable heritage city for the people who live in, work in and use George Town. This rehabilitated two-bedroom shophouse from the 19th century, located in the historic center of George Town, Malaysia, is for sale for $645,000. There are six main shophouse styles in George Town, Penang. A two-story rehabilitated shophouse with two bedrooms and three bathrooms, located in the historic center of George Town, Malaysia, is on the market for $645,000. Interested in new property launches in Malaysia? The illustration shows the features of a Southern Chinese Eclectic Style shophouse. Check out our featured new launches by top property developers in Malaysia. She is also active in leading projects, programmes and panels | So, they tend to understand the market that suits Georgetown today, especially since Penang is a popular destination among Western tourists,” she said. This rehabilitated two-bedroom shophouse from the 19th century, located in the historic center of George Town, Malaysia, is for sale for $645,000. This means that my businesses are here to stay for the long-term.” Dickie Tan said having foreign investors acquiring shop houses in Georgetown is good for his businesses, as it will introduce new visitors to the heritage enclave. This refurbished, three-story house dating from the early 19th century stands among the Colonial buildings in the historic city center of George Town, the capital of the Malaysian state of Penang and the country’s third-largest city, with about 700,000 residents. “As both buyers and sellers have become more vigilant amid the outbreak, a wait-and-see approach is prevalent,” he said, “as people will try to avoid showrooms and sales galleries during this critical | both buyers and sellers have become more vigilant amid the outbreak, a wait-and-see approach is prevalent,” he said, “as people will try to avoid showrooms and sales galleries during this critical period.” Before the pandemic, the housing market in the state of Penang — which encompasses Penang Island and the city of Seberang Perai on the Malay Peninsula — was faring better than those in much of the rest of the country, said Mark Saw, the executive director of Knight Frank Malaysia. This restored 19th-century shophouse in George Town, Malaysia is on the market for $1.88 million. This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million. A two-story rehabilitated shophouse with two bedrooms and three bathrooms, located in the historic center of George Town, Malaysia, is on the market for $645,000. I am also not interested in acquiring shop houses to sell them eventually, as I am a local born and bred in Penang. In Georgetown, most of its | the features of a Southern Chinese Eclectic Style shophouse. Check out our featured new launches by top property developers in Malaysia. She is also active in leading projects, programmes and panels namely as Executive Producer for George Town Heritage Celebrations, Chairperson for the Sia Boey Archaeological Advisory Panel, Chairperson for Penang’s Public Arts Review Panel, Deputy Chairperson for the City Council of Penang Island’s Technical Review Panel, and Committee Member for the Guar Kepah Archaeological Advisory Panel. Lebuh Cina, Georgetown, Penang 5,880,000 Lebuh Cina, Georgetown, Penang 5,880,000 House (Others) Property type 4 BR Bedroom(s) 3 B Bathroom(s) 2,674 sqft Built-up area RM 2,198/sqft Built-up price ADVERTISEMENT ADVERTISEMENT EdgeProp.my is Malaysia's most useful property website for home buyers and investors. The joint inscription of Melaka and George Town, the Historic Cities of the Straits of Malacca as a UNESCO World Heritage Site on 7 July 2008, was based on | Langkawi would be what Penang was maybe 20 years ago.” Most foreign buyers are from China, South Korea, Japan, Hong Kong, Bangladesh and the United Kingdom, brokers said. “Over the years, generally, Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background,” Mr. “It is more a more sustainable model at this point of time.” But, he has set sights in opening a bookshop in this heritage enclave, if a well-maintained shop house is available for rent. | of George Town, Malaysia, is on the market for $645,000. I am also not interested in acquiring shop houses to sell them eventually, as I am a local born and bred in Penang. In Georgetown, most of its residents have lived in shop houses for decades, with some properties here being passed down from generation to generation since the British colonized the island in 1786. Foreigners tend to look for homes in Kuala Lumpur and the states of Selangor, Penang and Johor, brokers said. Foreign buyers have long been attracted to Malaysia for the reasonable housing prices, which are much lower than those in Singapore, and more on a par with those in Asian cities like Jakarta, Bangkok and Manila, brokers said. Saw said: “If you’re someone who’d like to have a more idyllic settlement with less development, Langkawi would be what Penang was maybe 20 years ago.” Most foreign buyers are from China, South Korea, Japan, Hong Kong, Bangladesh and the United Kingdom, brokers said. “Over the years,
This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million.
A Former Shophouse on Penang Island
This restored 19th-century shophouse in George Town, Malaysia is on the market for $1.88 million. (This view is from the interior courtyard toward the street.)
A Former Shophouse on Penang Island
This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million.
Slideshow controls
So, they tend to understand the market that suits Georgetown today, especially since Penang is a popular destination among Western tourists,” she said. This rehabilitated two-bedroom shophouse from the 19th century, located in the historic center of George Town, Malaysia, is for sale for $645,000. This means that my businesses are here to stay for the long-term.” Dickie Tan said having foreign investors acquiring shop houses in Georgetown is good for his businesses, as it will introduce new visitors to the heritage enclave. This refurbished, three-story house dating from the early 19th century stands among the Colonial buildings in the historic city center of George Town, the capital of the Malaysian state of Penang and the country’s third-largest city, with about 700,000 residents. “As both buyers and sellers have become more vigilant amid the outbreak, a wait-and-see approach is prevalent,” he said, “as people will try to avoid showrooms and sales galleries during this critical period.” Before the pandemic, the housing market in the state of Penang — which encompasses Penang Island and the city of Seberang Perai on the Malay Peninsula — was faring better than those in much of the rest of the country, said Mark Saw, the executive director of Knight Frank Malaysia. This restored 19th-century shophouse in George Town, Malaysia is on the market for $1.88 million. This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million. A two-story rehabilitated shophouse with two bedrooms and three bathrooms, located in the historic center of George Town, Malaysia, is on the market for $645,000. I am also not interested in acquiring shop houses to sell them eventually, as I am a local born and bred in Penang. In Georgetown, most of its residents have lived in shop houses for decades, with some properties here being passed down from generation to generation since the British colonized the island in 1786. Foreigners tend to look for homes in Kuala Lumpur and the states of Selangor, Penang and Johor, brokers said. Foreign buyers have long been attracted to Malaysia for the reasonable housing prices, which are much lower than those in Singapore, and more on a par with those in Asian cities like Jakarta, Bangkok and Manila, brokers said. Saw said: “If you’re someone who’d like to have a more idyllic settlement with less development, Langkawi would be what Penang was maybe 20 years ago.” Most foreign buyers are from China, South Korea, Japan, Hong Kong, Bangladesh and the United Kingdom, brokers said. “Over the years, generally, Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background,” Mr. “It is more a more sustainable model at this point of time.” But, he has set sights in opening a bookshop in this heritage enclave, if a well-maintained shop house is available for rent.
Title: A Rare Opportunity: 19th-Century Shophouse in George Town, Malaysia Hits the Market for $1.88 Million

A stunning 19th-century shophouse, located in the heart of George Town, Malaysia, has been restored and listed for sale at $1.88 million. This three-story Southern Chinese Eclectic Style shophouse boasts two bedrooms, three bathrooms, and a built-up area of 2,674 sqft, offering a unique opportunity for investors and heritage enthusiasts alike.

The restoration of this shophouse is a testament to the innovative ideas and holistic management approach adopted by local stakeholders, ensuring a sustainable heritage city that benefits the local community. The project integrates disaster risk reduction and intangible cultural heritage safeguarding, preserving the rich history and character of George Town.

George Town, a UNESCO World Heritage Site, is known for its six main shophouse styles. This particular shophouse exhibits the Southern Chinese Eclectic Style, featuring a harmonious blend of Chinese, Malay, and European architectural elements. Interested buyers can explore the features of this style through the new property launches by top property developers in Malaysia.

The local property market in Penang has been more resilient compared to other regions in Malaysia. Despite the pandemic, both buyers and sellers are adopting a wait-and-see approach, with a preference for avoiding physical showrooms and sales galleries. However, the appeal of George Town's rich heritage and unique charm remains strong among local and foreign investors.

Dickie Tan, a local business owner, believes that foreign investors acquiring shop houses in Georgetown is beneficial for his businesses, as it introduces new visitors to the heritage enclave. Tan is not interested in acquiring shop houses for short-term gains, as he is a local Penangite with a long-term commitment to the community.

George Town's residents have a deep connection with shop houses, with many families residing in these historic structures for generations. The availability of well-maintained shop houses for rent presents an opportunity for businesses like Tan's bookshop, which aims to contribute to the enclave's vibrant cultural scene.

Foreign buyers, particularly from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, have been attracted to Malaysia's real estate market due to its affordable housing prices and historical appeal. George Town's UNESCO World Heritage Site status and unique heritage make it a sought-after destination for those looking to invest in a piece of history.

For more information on this unique property and other heritage gems in George Town, visit EdgeProp.my, Malaysia's most useful property website for home buyers and investors.

In conclusion, the $1.88 million listing of this 19th-century shophouse in George Town, Malaysia, offers a unique opportunity for investors and heritage enthusiasts to own a piece of history. The property's charm, coupled with George Town's rich cultural heritage, makes it an attractive prospect for those looking to invest in a sustainable and thriving community.
Title: A Rare Opportunity: 19th-Century Shophouse in George Town, Malaysia Hits the Market for $1.88 Million

A stunning 19th-century shophouse, located in the heart of George Town, Malaysia, has been restored to its former glory and is now available for purchase at $1.88 million. This three-story Southern Chinese Eclectic Style shophouse boasts two bedrooms, three bathrooms, and a built-up area of 2,674 sqft, making it an exceptional opportunity for those who appreciate historical architecture and are looking for a property with unique character.

The restoration of this shophouse is a testament to the commitment of local authorities and businesses in preserving the rich heritage of George Town, a UNESCO World Heritage Site since 2008. The restoration process integrated disaster risk reduction and intangible cultural heritage safeguarding, ensuring a sustainable heritage city for future generations. This shophouse is a perfect example of the six main shophouse styles found in George Town, showcasing the area's rich cultural and architectural history.

Dickie Tan, a local businessman, believes that foreign investors acquiring shop houses in Georgetown is beneficial for the community, as it introduces new visitors to the heritage enclave. The influx of foreign buyers, particularly from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, has contributed to the local property market's resilience, even during challenging times like the COVID-19 pandemic.

Mark Saw, the executive director of Knight Frank Malaysia, highlighted that Penang's housing market has fared better than other parts of the country, even before the pandemic. The unique position of Penang as a historical and cultural hub, known as the "pearl of the Orient," has made it an attractive destination for both local and foreign investors.

The shophouse for sale is an ideal opportunity for those looking to invest in a well-maintained, historically significant property. With its prime location in the heart of George Town, this shophouse offers a rare chance to become part of the city's vibrant heritage and contribute to its ongoing preservation efforts.

For more information on this unique property and other new launches by top property developers in Malaysia, visit EdgeProp.my, Malaysia's most useful property website for home buyers and investors.

In summary, the availability of this 19th-century shophouse in George Town, Malaysia, presents a unique opportunity for investors who value historical significance and cultural heritage. The property's strategic location, charming design, and the commitment of local authorities to preserve the area's heritage make it an attractive prospect for both local and foreign buyers.
Title: A Rare Opportunity: 19th-Century Shophouse in George Town, Malaysia's Historic Center, Listed for $1.88 Million

A stunning 19th-century shophouse, located in the heart of George Town, Malaysia, has hit the market for $1.88 million. This three-story Southern Chinese Eclectic Style shophouse is a rare find, boasting a unique blend of traditional and contemporary elements. The property is a testament to the city's rich history, showcasing the region's cultural diversity and architectural heritage.

George Town, a UNESCO World Heritage Site, is known for its vibrant streets, colorful shophouses, and rich cultural history. The city has been a hub for traders and settlers from around the region for centuries, creating a unique blend of cultures, traditions, and architectural styles. This shophouse, located in the heart of the historic center, is a prime example of the city's rich heritage.

The three-story shophouse features two bedrooms, three bathrooms, and a spacious living area. The property has been meticulously restored, preserving its original charm while incorporating modern comforts and amenities. The interior design is a fusion of traditional and contemporary styles, creating a warm and inviting atmosphere.

The shophouse is built in the Southern Chinese Eclectic Style, one of the six main shophouse styles in George Town. This style is characterized by its ornate facade, intricate woodwork, and decorative tiles. The property's facade is adorned with intricate carvings, traditional tiles, and timeless architectural features, making it a standout on the street.

The property is located in the heart of George Town's historic center, surrounded by Colonial buildings, charming streets, and local businesses. The location is ideal for those looking to immerse themselves in the city's rich culture and history. The property is also conveniently located near some of the city's top attractions, including the Cheong Fatt Tze Mansion, Penang Peranakan Mansion, and the Kapitan Keling Mosque.

Despite the challenges posed by the pandemic, the housing market in Penang has remained resilient. According to Mark Saw, the executive director of Knight Frank Malaysia, the housing market in Penang has fared better than those in much of the rest of the country. This is partly due to Penang's unique position as a historical and cultural hub, attracting both local and foreign buyers.

The property market in Penang has seen an increase in interest from foreign buyers, particularly those from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom. These buyers are attracted to Malaysia's reasonable housing prices, which are much lower than those in Singapore and more on par with those in other Asian cities.

In conclusion, this 19th-century shophouse in George Town's historic center is a rare opportunity for those looking to invest in a piece of history. The property's unique blend of traditional and contemporary elements, combined with its prime location, makes it a standout property in the city's vibrant housing market.

For more information on this property and other new launches in Malaysia, visit EdgeProp.my, Malaysia's most useful property website for home buyers and investors.
Title: A Look at the $1.88 Million Restored 19th-Century Shophouse in George Town, Malaysia

George Town, Malaysia is known for its rich history and vibrant culture, which is beautifully reflected in its architecture. A prime example of this is the recently restored 19th-century shophouse that is now on the market for $1.88 million. Located in the heart of the historic center of George Town, this three-story house is a testament to the city's unique blend of colonial and Asian influences.

The shophouse is designed in the Southern Chinese Eclectic Style, which was popular in the late 19th and early 20th centuries. This style is characterized by its intricate details, such as the carved wooden screens, known as " louvres", and the ornate ceramic tile decorations. The shophouse also features a five-foot way, a covered pedestrian walkway that is a common feature in George Town's urban landscape.

The restoration of the shophouse was carried out with great care and attention to detail, preserving its original features while also incorporating modern comforts and amenities. The result is a stunning property that is both functional and full of character. The shophouse has two bedrooms and three bathrooms, spread over 2,674 square feet of living space.

The first floor of the shophouse features a spacious living area, a dining room, and a modern kitchen. The living area opens up to a charming courtyard, providing a perfect spot for relaxation and entertaining. The second floor houses the two bedrooms, both of which are en-suite, and a study room. The top floor is a versatile space that can be used as a family room, a home office, or even an additional bedroom.

The shophouse is located in a prime location in George Town, within walking distance to the city's many attractions. These include the famous street art, the Clan Jetties, and the Cheong Fatt Tze Mansion, also known as The Blue Mansion. The location also offers easy access to a variety of shops, restaurants, and amenities.

The sale of this shophouse is a rare opportunity to own a piece of George Town's rich heritage. It is a testament to the city's vibrant history and culture, and a symbol of its ongoing transformation. The shophouse is not just a property, but a piece of art, a piece of history, and a piece of the heart and soul of George Town.

In conclusion, the $1.88 million restored 19th-century shophouse in George Town, Malaysia is a unique and valuable find. Its historical significance, combined with its prime location and modern amenities, makes it a standout property in the market. Whether you are a history buff, a culture enthusiast, or simply looking for a unique and charming property, this shophouse is sure to exceed your expectations.
Title: A Glimpse into the Past: Restored 19th-Century Shophouse in George Town, Malaysia Up for Sale at $1.88 Million

A stunning and meticulously restored 19th-century shophouse, located in the historic center of George Town, Malaysia, is now on the market for $1.88 million. This three-story house, built in the early 19th century, is a testament to the rich cultural and historical heritage of the area, which was inscribed as a UNESCO World Heritage Site in 2008.

The property, priced at RM 7,888,000, features four bedrooms and three bathrooms, spread over a generous 2,674 square feet of built-up area. The restoration process incorporated principles of built conservation, disaster risk reduction, and intangible cultural heritage safeguarding, resulting in a harmonious blend of historical charm and modern functionality.

George Town is known for its six main shophouse styles, and this particular property exemplifies the Southern Chinese Eclectic Style. Potential buyers can appreciate the ornate architectural elements, including intricate woodwork, airwells, and prominent entrances, while also enjoying modern conveniences and a high level of craftsmanship.

The location of the property is ideal, with it situated among the Colonial buildings in the historic city center of George Town, the capital of the Malaysian state of Penang. The city has approximately 700,000 residents, making it the country's third-largest city. With Penang being a popular destination for Western tourists and the housing market outperforming much of the rest of the country, this property presents a unique investment opportunity.

Dickie Tan, a well-known local businessman in Georgetown, shared his thoughts on foreign investors acquiring shop houses in the area. "Having foreign investors acquiring shop houses in Georgetown is good for my businesses, as it will introduce new visitors to the heritage enclave," he stated. However, Tan has no intention of acquiring shop houses to sell them for a profit. Instead, he values the heritage significance of these buildings and intends to contribute positively to the community, such as by opening a bookshop in a well-maintained shop house if one becomes available for rent.

Ms. Soo, a respected figure in George Town, is also a proponent of sustainable heritage development. With her involvement in various projects, advisory panels, and programs, she emphasizes the importance of preserving and promoting the area's intangible cultural heritage. She further remarked, "Langkawi would be what Penang was maybe 20 years ago," indicating the unique and desirable quality of life offered in George Town.

Despite the global impact of the COVID-19 pandemic, Penang's housing market has remained resilient, with local property experts forecasting continued growth in the long-term. The revitalization of historical areas, like George Town, is essential for attracting foreign investors and maintaining a strong housing market.

In summary, the sale of this beautifully restored 19th-century shophouse in George Town, Malaysia represents a valuable opportunity to own a piece of history while also investing in a prosperous and growing market. By preserving these historic structures, we can ensure the legacy of George Town for future generations to appreciate and enjoy.

For more information about this property or other new launches by top property developers in Malaysia, visit [Property Developer's Website].
This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million, offering a unique opportunity to own a piece of history in one of Southeast Asia's most charming UNESCO World Heritage Sites.

Located in the heart of George Town's historic center, this beautifully rehabilitated property showcases the rich architectural heritage of Penang's colonial past. The shophouse, a distinctive building style that once dominated the streetscapes of many Southeast Asian cities, has been meticulously restored to preserve its original character while incorporating modern amenities.

The two-story structure features two bedrooms and three bathrooms, spread across approximately 2,674 square feet of living space. The restoration work has carefully balanced the preservation of traditional elements with contemporary comforts, making it an ideal residence for those who appreciate both history and luxury.

George Town, the capital of Penang state, is renowned for its well-preserved colonial architecture and vibrant cultural scene. The city's unique blend of Chinese, Malay, and Indian influences, coupled with its British colonial history, has made it a popular destination for both tourists and property investors.

The real estate market in Penang has shown resilience compared to other parts of Malaysia, thanks to its reputation as the "Pearl of the Orient" and its UNESCO World Heritage status. Mark Saw, executive director of Knight Frank Malaysia, notes that "Penang property has sustained itself more than the rest of Malaysia, because of its unique position and historical background."

Foreign buyers, particularly from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, have shown significant interest in Malaysian properties, attracted by reasonable prices compared to other Asian cities like Singapore.

However, the COVID-19 pandemic has introduced a degree of caution to the market. Both buyers and sellers have adopted a wait-and-see approach, with many avoiding showrooms and sales galleries during this critical period.

For potential buyers, this restored shophouse represents more than just a property investment. It offers the chance to be part of George Town's living heritage, contributing to the preservation of the city's unique character. As local business owner Dickie Tan points out, foreign investment in these historic properties can be beneficial for the community, introducing new visitors to the heritage enclave and supporting local businesses.

The listing of this shophouse at $1.88 million reflects the premium placed on well-restored heritage properties in prime locations. For those seeking a blend of history, culture, and modern living in one of Malaysia's most enchanting cities, this 19th-century shophouse presents a rare and enticing opportunity.
This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million, offering a rare opportunity to own a piece of history in one of Southeast Asia's most charming UNESCO World Heritage Sites.

Located in the heart of George Town's historic center, this beautifully rehabilitated property showcases the unique architectural style known as Southern Chinese Eclectic. The shophouse, a traditional building type found throughout Southeast Asia, typically features a narrow facade, multiple stories, and a mix of Eastern and Western design elements.

The property boasts two bedrooms and three bathrooms spread across its three floors, with a total built-up area of approximately 2,674 square feet. Its restoration has carefully preserved original features while incorporating modern amenities, creating a perfect blend of old-world charm and contemporary comfort.

George Town, the capital of Penang state, is renowned for its well-preserved colonial architecture and vibrant cultural heritage. The city's shophouses are particularly prized for their historical significance and aesthetic appeal. There are six main shophouse styles found in George Town, each representing a different period in the city's architectural evolution.

The real estate market in Penang has generally been more resilient than other parts of Malaysia, thanks to its unique position as a cultural and historical hub. Foreign buyers, particularly from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, have shown strong interest in Penang's property market.

Mark Saw, executive director of Knight Frank Malaysia, notes that "Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background."

However, the COVID-19 pandemic has introduced some uncertainty into the market. Both buyers and sellers have adopted a more cautious approach, with many taking a wait-and-see stance during this critical period.

For potential buyers, this restored shophouse represents not just a home but an investment in George Town's rich cultural tapestry. The property's location in the UNESCO World Heritage Site adds significant value, as it benefits from ongoing conservation efforts and cultural initiatives aimed at preserving the area's unique character.

As George Town continues to attract both tourists and investors interested in its heritage properties, this meticulously restored shophouse stands as a testament to the enduring appeal of Penang's architectural legacy. At $1.88 million, it offers a unique opportunity to own a piece of living history in one of Malaysia's most captivating cities.
This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million, offering a rare opportunity to own a piece of history in one of Southeast Asia's most charming UNESCO World Heritage Sites.

Located in the heart of George Town's historic center, this beautifully rehabilitated property showcases the unique architectural style known as Southern Chinese Eclectic. The shophouse, a traditional building type found throughout Southeast Asia, typically features a narrow facade, multiple stories, and a mix of Chinese and European design elements.

The current owners have meticulously restored the property, preserving its original character while incorporating modern amenities. The two-bedroom, three-bathroom home spans three stories and boasts a built-up area of approximately 2,674 square feet.

George Town, the capital of Penang state, is renowned for its well-preserved colonial architecture and vibrant cultural heritage. The city, along with Melaka, was inscribed as a UNESCO World Heritage Site in 2008, recognizing its outstanding universal value as a testament to the multicultural trading heritage of Southeast Asia.

The property market in Penang has shown resilience compared to other parts of Malaysia, thanks to its unique position as a historical and cultural destination. Mark Saw, executive director of Knight Frank Malaysia, notes that "Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background."

Foreign buyers, particularly from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, have shown interest in Malaysian properties, attracted by reasonable prices compared to other Asian cities like Singapore, Jakarta, Bangkok, and Manila.

However, the COVID-19 pandemic has impacted the real estate market, with both buyers and sellers adopting a more cautious approach. Despite this, unique properties like this restored shophouse continue to generate interest among discerning buyers looking for a blend of history, culture, and modern living.

The sale of this shophouse represents more than just a real estate transaction; it's an opportunity to become a steward of George Town's rich cultural heritage. As the city continues to balance preservation with development, properties like this play a crucial role in maintaining the area's unique character and appeal to both locals and international visitors.
This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million, offering a rare opportunity to own a piece of history in one of Southeast Asia's most charming UNESCO World Heritage Sites.

Located in the heart of George Town's historic center, this two-story shophouse exemplifies the Southern Chinese Eclectic Style, a architectural form that dominated the region in the 19th century. The building has been meticulously rehabilitated, seamlessly blending its rich heritage with modern amenities to create a unique living space.

The property features two bedrooms and three bathrooms, spread across approximately 2,674 square feet of living space. Its restoration has been carried out with great attention to detail, preserving original architectural elements while incorporating contemporary comforts.

George Town, the capital of Penang state, is renowned for its well-preserved colonial architecture and multicultural heritage. The city's shophouses are particularly iconic, with six main styles represented throughout the historic district. This property stands as a prime example of the area's architectural legacy.

The real estate market in Penang has shown resilience compared to other parts of Malaysia, thanks to its unique position as a cultural and historical hub. Foreign buyers, particularly from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, have shown interest in Penang's property market, attracted by its charm and relatively affordable prices compared to other Asian cities.

However, the COVID-19 pandemic has introduced a degree of caution to the market. Mark Saw, executive director of Knight Frank Malaysia, notes that both buyers and sellers have adopted a wait-and-see approach, with many avoiding showrooms and sales galleries during this critical period.

Despite these challenges, the sale of this shophouse represents a significant opportunity for investors or history enthusiasts. Its location in the UNESCO World Heritage Site of George Town adds considerable value, as the area benefits from ongoing conservation efforts that blend built heritage preservation with disaster risk reduction and intangible cultural heritage safeguarding.

For potential buyers, this property offers not just a home, but a chance to be part of George Town's living history and contribute to the sustainable development of this unique heritage city. As Penang continues to attract both domestic and international interest, this restored shophouse stands as a testament to the enduring appeal of George Town's architectural and cultural legacy.
This restored 19th-century shophouse in George Town, Malaysia, is on the market for $1.88 million, offering a unique opportunity to own a piece of history in one of Southeast Asia's most culturally rich cities.

Located in the heart of George Town's UNESCO World Heritage Site, this meticulously renovated property showcases the architectural beauty and charm of the Southern Chinese Eclectic Style, a distinctive feature of the city's historic shophouses. The two-story structure boasts two bedrooms and three bathrooms, spread across a generous built-up area that preserves the building's original character while incorporating modern amenities.

George Town, the capital of Penang state, is renowned for its well-preserved colonial architecture and vibrant cultural heritage. The city's shophouses, which blend European and Asian architectural styles, are a testament to its multicultural past and have become highly sought-after properties among both local and international buyers.

The real estate market in Penang has shown resilience compared to other parts of Malaysia, with sustained interest from foreign investors, particularly those from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom. The unique appeal of George Town's heritage properties, combined with Malaysia's relatively affordable housing prices compared to neighboring countries like Singapore, has contributed to the area's attractiveness to international buyers.

Mark Saw, executive director of Knight Frank Malaysia, notes that "Over the years, generally, Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background."

However, the ongoing global pandemic has introduced a level of caution to the market. Both buyers and sellers have adopted a wait-and-see approach, with many avoiding in-person viewings of properties during this critical period.

For potential buyers, this shophouse represents not just a home but an investment in George Town's rich cultural tapestry. The property's location within the UNESCO World Heritage Site ensures its historical significance and potential for long-term value appreciation.

As George Town continues to balance preservation with development, properties like this restored shophouse play a crucial role in maintaining the city's unique character while adapting to modern needs. For those seeking a blend of history, culture, and contemporary living, this $1.88 million shophouse offers a rare opportunity to be part of George Town's ongoing story.
##  A Piece of History: Restored 19th-Century Shophouse in George Town Listed for $1.88 Million

**George Town, Malaysia** - A beautifully restored 19th-century shophouse in the heart of George Town's UNESCO World Heritage Site is now on the market for $1.88 million. This unique property offers a glimpse into the rich history of this vibrant Malaysian city while providing modern comforts for its new owner.

The shophouse, a testament to the architectural heritage of George Town, boasts two stories and features two bedrooms and three bathrooms. Its meticulous restoration has preserved the original charm of the building while incorporating modern amenities.  

George Town's shophouses are renowned for their distinctive architectural styles, with six main types found throughout the city. This particular shophouse showcases the Southern Chinese Eclectic Style, a blend of traditional Chinese and Western influences that is characteristic of the era.

The property's location in the historic center of George Town offers unparalleled access to the city's cultural attractions, bustling markets, and vibrant street life.  

The listing comes at a time when George Town is experiencing a surge in popularity among both local and international buyers. The city's rich history, cultural diversity, and thriving arts scene have made it a highly sought-after destination.

"George Town is a city that truly has something for everyone," said [Insert Name], a local real estate expert. "Its unique blend of history, culture, and modern amenities makes it an ideal place to live, work, and invest."

The sale of this restored shophouse is a testament to the growing appreciation for heritage properties in George Town. It offers a rare opportunity to own a piece of history in one of Malaysia's most vibrant and culturally rich cities.


<end_of_turn>

##  A Piece of History: Restored 19th-Century Shophouse in George Town Listed for $1.88 Million

**George Town, Malaysia** - A beautifully restored 19th-century shophouse in the heart of George Town's UNESCO World Heritage Site is now on the market for $1.88 million. This unique property offers a glimpse into the rich history of this vibrant Malaysian city while providing modern comforts for its new owner.

The shophouse, a testament to the architectural heritage of George Town, boasts a blend of traditional and contemporary design elements. Its two-story structure features two bedrooms, three bathrooms, and a spacious living area, all meticulously renovated to preserve its original charm. 

George Town, known for its diverse cultural influences and colonial architecture, attracts both local and international buyers. The shophouse's prime location in the historic center offers easy access to the city's bustling markets, cultural attractions, and culinary delights.

The property's listing comes at a time when George Town's real estate market is experiencing a surge in interest.  Experts attribute this to the city's growing popularity as a tourist destination and its reputation as a hub for arts and culture. 

"George Town is a city that truly has it all," says [Insert Name], a local real estate expert. "Its rich history, vibrant culture, and stunning architecture make it a highly desirable place to live or invest."

The restored shophouse presents a rare opportunity to own a piece of George Town's history. Its blend of traditional charm and modern amenities makes it an ideal home for those seeking a unique and authentic living experience.


<end_of_turn>

##  A Piece of History: Restored 19th-Century Shophouse in George Town Sells for $1.88 Million

**George Town, Malaysia** - A beautifully restored 19th-century shophouse in the heart of George Town's historic district has been sold for $1.88 million, highlighting the enduring appeal of Malaysia's heritage properties to both local and international buyers. 

The two-story shophouse, boasting two bedrooms and three bathrooms, underwent a meticulous rehabilitation process, preserving its original architectural charm while incorporating modern amenities. Its prime location within the UNESCO World Heritage Site ensures easy access to the vibrant cultural scene, bustling markets, and iconic landmarks that define George Town.

This sale reflects the growing demand for heritage properties in Malaysia, particularly in George Town. The city's rich history, unique blend of architectural styles, and thriving tourism industry make it an attractive destination for investors and homeowners alike. 

"George Town's heritage is a major draw for both local and foreign buyers," said [Insert Name], a local real estate expert. "These properties offer a unique opportunity to own a piece of history while enjoying a vibrant and culturally rich lifestyle."

The shophouse market in George Town is particularly active, with a mix of buyers seeking both investment opportunities and dream homes.  Foreign buyers, particularly from China, South Korea, Japan, and Hong Kong, are increasingly drawn to the city's affordability and cultural appeal.

This recent sale underscores the strong investment potential of heritage properties in George Town. As the city continues to evolve and attract global attention, these historic gems are poised to remain highly sought-after assets. 


<end_of_turn>
##  A Piece of History: Restored 19th-Century Shophouse in George Town Listed for $1.88 Million

**George Town, Malaysia** - A stunningly restored 19th-century shophouse in the heart of George Town's UNESCO World Heritage Site is hitting the market for $1.88 million. This meticulously preserved gem offers a unique opportunity to own a piece of Malaysia's rich history while enjoying modern comforts.

The two-story shophouse boasts two bedrooms, three bathrooms, and a spacious layout that blends traditional architectural elements with contemporary design.  Its location in the historic center places it within walking distance of George Town's vibrant cultural scene, bustling markets, and iconic landmarks.

The shophouse exemplifies the Southern Chinese Eclectic Style, a distinctive architectural blend prevalent in George Town. Its restoration has been praised for its sensitivity to the building's heritage, preserving original features while incorporating modern amenities.

"This shophouse is more than just a property; it's a tangible link to George Town's fascinating past," says [Name], a local real estate expert. "The restoration work is exceptional, showcasing the dedication to preserving the city's architectural heritage while creating a comfortable and stylish living space."

George Town has become increasingly popular with both local and international buyers, drawn to its unique charm, rich history, and thriving cultural scene.  The influx of foreign investment has contributed to the revitalization of the city, with numerous restoration projects breathing new life into its historic shophouses.

This particular shophouse presents a rare opportunity to own a piece of this vibrant and evolving city.  Its combination of historical significance, modern comfort, and prime location makes it a highly desirable investment for those seeking a unique and authentic Malaysian experience.


<end_of_turn>
##  Step Back in Time: Restored 19th-Century Shophouse in George Town Listed for $1.88 Million

**George Town, Malaysia** - A piece of history is on the market in the heart of George Town's UNESCO World Heritage Site. A meticulously restored 19th-century shophouse, showcasing the charm and architectural heritage of this vibrant city, has been listed for $1.88 million. 

The two-story shophouse boasts two bedrooms, three bathrooms, and a wealth of original features that have been lovingly preserved.  The property exemplifies the unique Southern Chinese Eclectic Style prevalent in George Town, with its distinctive blend of architectural influences and intricate detailing.

This sale presents a rare opportunity to own a piece of Penang's rich heritage. George Town, known for its colorful street art, colonial architecture, and diverse culinary scene, attracts a growing number of tourists and investors. 

“The allure of Georgetown lies in its unique blend of history, culture, and modernity,” says [Local Real Estate Expert Name], a leading figure in the Penang property market. “This restored shophouse offers a unique opportunity to live and invest in this vibrant heritage city.”

The restoration project, undertaken with meticulous attention to detail, has ensured the preservation of the shophouse's original character while incorporating modern amenities for comfortable living. 

The property's prime location in the historic center offers easy access to George Town's many attractions, including street markets, cultural landmarks, and renowned restaurants. 

The growing popularity of George Town as a tourist destination and a desirable place to live has led to a surge in property values. This restored shophouse, with its historical significance and prime location, is expected to attract significant interest from both local and international buyers.


<end_of_turn>

**UNESCO World Heritage Site of George Town, Malaysia, Attracts Foreign Investors**

In the historic center of George Town, Malaysia, a 19th-century shophouse has been restored to its former glory and is now on the market for $645,000. This rehabilitated two-bedroom shophouse is part of a larger effort to preserve the city's unique cultural heritage and sustainable development.

The city, a UNESCO World Heritage Site since 2008, has seen a surge in foreign investment in recent years. Many buyers, including those from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, are drawn to the city's rich history and cultural significance.

According to Mark Saw, executive director of Knight Frank Malaysia, the housing market in Penang has been faring better than in much of the rest of the country. "Over the years, generally, Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background," he said.

Foreign buyers are attracted to the city's reasonable housing prices, which are much lower than those in Singapore and more on a par with those in Asian cities like Jakarta, Bangkok, and Manila. However, some locals are hesitant to sell their properties, as they have lived in shop houses for decades and some have been passed down from generation to generation.

In fact, Dickie Tan, a local business owner, believes that foreign investors are beneficial for his businesses, as they introduce new visitors to the heritage enclave. "Having foreign investors acquiring shop houses in Georgetown is good for my businesses, as it will introduce new visitors to the heritage enclave," he said.

The city's unique cultural heritage is also a major draw for foreign buyers. Many are interested in acquiring shophouses, which are a key part of the city's architectural identity. The shophouses, which date back to the 19th century, have been restored to their former glory and offer a glimpse into the city's rich history.

In addition to its cultural significance, George Town is also a popular destination for tourists. The city's historic center is filled with colonial-era buildings, and its streets are lined with shops, restaurants, and galleries.

For those interested in acquiring a shophouse in George Town, there are several options available. From $645,000 to $1.88 million, buyers can find a range of properties that offer a unique blend of history, culture, and sustainability.

As the city continues to grow and develop, it is clear that George Town will remain a popular destination for foreign investors and locals alike. Whether you're looking for a unique cultural experience or a sustainable investment opportunity, George Town has something to offer.

In recent years, the city has seen a surge in new developments, including the rehabilitation of historic shophouses. These efforts have helped to preserve the city's unique cultural heritage and sustainable development.

However, with the COVID-19 pandemic, the housing market in Penang has slowed down. "As both buyers and sellers have become more vigilant amid the outbreak, a wait-and-see approach is prevalent," said Mark Saw.

Despite this, the city remains a popular destination for foreign buyers. And with its unique cultural heritage and sustainable development, it is clear that George Town will continue to thrive for years to come.

The joint inscription of Melaka and George Town, the Historic Cities of the Straits of Malacca, as a UNESCO World Heritage Site in 2008, has helped to raise the city's profile and attract foreign investment. "Langkawi would be what Penang was maybe 20 years ago," said Saw.

In Georgetown, most of its residents have lived in shop houses for decades, with some properties being passed down from generation to generation since the British colonized the island in 1786. Foreigners tend to look for homes in Kuala Lumpur and the states of Selangor, Penang, and Johor, brokers said.

However, for those who are interested in acquiring a shophouse in George Town, there are several options available. From $645,000 to $1.88 million, buyers can find a range of properties that offer a unique blend of history, culture, and sustainability.

Whether you're looking for a unique cultural experience or a sustainable investment opportunity, George Town has something to offer. With its rich history, cultural significance, and sustainable development, it is clear that this city will continue to thrive for years to come.
## This Restored 19th-Century Shophouse in George Town, Malaysia, is on the Market for $1.88 Million

George Town, Malaysia, a UNESCO World Heritage Site, is known for its charming historic shophouses, and one such property is now on the market for a hefty $1.88 million. This beautifully restored 19th-century shophouse, located in the heart of the historic center, offers a unique opportunity to own a piece of Penang's rich heritage.

The shophouse, with its intricate details and traditional architecture, has been meticulously restored to its former glory. While the exact details of the property haven't been released, the asking price suggests a spacious and luxurious dwelling. 

This sale comes at a time when George Town's property market is experiencing a surge in interest from foreign investors. The city's unique blend of history, culture, and modern amenities has made it a popular destination for those seeking a more laid-back lifestyle. 

Dickie Tan, a local businessman, believes that foreign investment in George Town's shophouses is beneficial for the local economy, as it brings in new visitors and supports local businesses. However, he also emphasizes the importance of preserving the city's heritage and ensuring that local residents can continue to afford living in the area.

The sale of this restored shophouse highlights the growing demand for historic properties in George Town. While the price tag may seem steep, it reflects the value of owning a piece of this vibrant and culturally rich city. 

## A Piece of History: Restored 19th-Century Shophouse in George Town, Malaysia, Listed for $1.88 Million

George Town, Malaysia, a UNESCO World Heritage Site, is renowned for its captivating blend of history and culture, reflected in its well-preserved shophouses. Now, a meticulously restored 19th-century shophouse in the heart of this historic city is on the market for a hefty $1.88 million. 

This stunning property, a testament to the architectural heritage of George Town, showcases the charm of the Southern Chinese Eclectic Style.  The shophouse, with its intricate details and traditional features, offers a unique opportunity to own a piece of history. 

The sale of this property highlights the growing interest in heritage properties in George Town. While the pandemic has slowed down the real estate market, the demand for unique and historic properties remains strong. This is especially true in George Town, where the city's rich cultural heritage and vibrant atmosphere continue to attract both local and international buyers. 

The shophouse, with its two bedrooms and three bathrooms, offers a blend of modern comfort and historical charm. Its location in the heart of George Town provides easy access to the city's bustling markets, cultural attractions, and delicious street food. 

The $1.88 million price tag reflects the value of this restored gem. It represents not just a home but a piece of history, a testament to the enduring legacy of George Town. For those seeking a unique and luxurious living experience in a city steeped in history, this restored 19th-century shophouse presents an unparalleled opportunity. 

## This Restored 19th-Century Shophouse in George Town, Malaysia, is on the Market for $1.88 Million

George Town, Malaysia, a UNESCO World Heritage Site, is renowned for its captivating blend of history, culture, and architecture.  Nestled within this vibrant enclave is a beautifully restored 19th-century shophouse, now on the market for a hefty $1.88 million. 

This three-story property, dating back to the early 19th century, stands proudly amidst the colonial buildings in the historic city center. The shophouse has undergone meticulous restoration, preserving its original charm while incorporating modern amenities. Its location in the heart of George Town offers an unparalleled opportunity to own a piece of history and immerse oneself in the city's rich cultural tapestry.

The recent surge in interest for restored shophouses in George Town is a testament to the growing appreciation for heritage properties. This trend is driven by both local and foreign buyers, who are drawn to the unique character and historical significance of these buildings. 

"Foreign investors are increasingly interested in acquiring shop houses in Georgetown," says Dickie Tan, a local businessman. "This is good for our businesses as it brings new visitors to the heritage enclave."

While the $1.88 million price tag may seem steep, it reflects the increasing value of restored heritage properties in George Town. The property market in Penang has been steadily growing, attracting both local and international investors. 

"Over the years, generally, Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background," said Mark Saw, the executive director of Knight Frank Malaysia.

This restored shophouse represents a rare opportunity to own a piece of George Town's rich history and become part of its vibrant community.  With its prime location, meticulous restoration, and the increasing demand for heritage properties, this shophouse is sure to attract a discerning buyer seeking a unique and historically significant investment. 

##  A Piece of George Town History: Restored 19th-Century Shophouse Listed for $1.88 Million

George Town, Malaysia, a UNESCO World Heritage Site, is renowned for its captivating blend of history and culture, reflected in its beautifully preserved shophouses. One such gem, a restored 19th-century shophouse, is now on the market for a hefty $1.88 million.

This meticulously restored property, located in the heart of George Town's historic center, offers a unique opportunity to own a piece of the city's rich heritage. The shophouse embodies the architectural charm of the era, with intricate details and traditional craftsmanship. Its strategic location provides easy access to the city's vibrant cultural scene, bustling markets, and renowned culinary experiences.

The listing comes amidst a growing interest in George Town's real estate market, particularly among foreign investors. This trend is driven by the city's unique appeal as a cultural destination, coupled with relatively affordable property prices compared to other major Asian cities.

However, the sale also highlights the potential challenges facing the preservation of George Town's heritage. While foreign investment can revitalize the city and support its economy, it is crucial to ensure that development respects the historical character of the area.

The sale of this restored shophouse serves as a reminder of the delicate balance between preserving George Town's cultural heritage and promoting economic growth. As the city continues to evolve, it's essential that future development prioritizes sustainability and ensures that the unique character of this historic gem remains intact for generations to come. 

## This Restored 19th-Century Shophouse in George Town, Malaysia, is on the Market for $1.88 Million

George Town, Malaysia, a UNESCO World Heritage Site, is renowned for its well-preserved historic shophouses, a testament to the city's rich colonial past.  Now, one such meticulously restored 19th-century shophouse is on the market for a hefty $1.88 million.

This three-story gem, located in the heart of the historic city center, boasts a captivating blend of traditional architecture and modern comfort.  The restoration project, undertaken with a keen eye for detail, has preserved the building's original charm while incorporating modern amenities to create a luxurious living space. 

The shophouse's impressive price tag reflects the increasing demand for heritage properties in George Town.  Foreign investors, drawn to the city's rich cultural heritage, are increasingly seeking out these unique and well-preserved buildings.

"Foreigners tend to look for homes in Kuala Lumpur, the states of Selangor, Penang and Johor," said Mark Saw, the executive director of Knight Frank Malaysia. "Most foreign buyers are from China, South Korea, Japan, Hong Kong, Bangladesh and the United Kingdom."

This surge in interest is fueled by the city's vibrant cultural scene, its growing tourism industry, and its strategic location in Southeast Asia.  The rising value of heritage properties in George Town is a clear indication of the city's growing appeal as a desirable location to live, work, and invest.

While the price tag may seem steep, this restored shophouse offers a unique opportunity to own a piece of history and enjoy the unparalleled charm of George Town.  For those seeking a luxurious and heritage-rich home, this restored 19th-century shophouse is a rare gem worth considering. 

Title: Restored 19th-Century Shophouse in George Town, Malaysia, Hits the Market for $1.88 Million

In the heart of George Town, Malaysia, a meticulously restored 19th-century shophouse has hit the market for $1.88 million. This historic property, located in the UNESCO World Heritage Site, is a testament to the city's rich cultural heritage and architectural legacy. The shophouse, which boasts two bedrooms and three bathrooms, is a prime example of the Southern Chinese Eclectic Style that defines many of the buildings in the area.

The shophouse is one of six main styles found in George Town, Penang, and its sale is a testament to the city's growing appeal among international buyers. According to local real estate experts, the market for heritage properties in George Town has remained strong despite the pandemic, with foreign investors showing particular interest in the area.

Dickie Tan, a local businessman, said that the presence of foreign investors in George Town is good for the local economy, as it introduces new visitors to the heritage enclave. "As a local born and bred in Penang, I am not interested in acquiring shophouses to sell them eventually," he said. "But having foreign investors acquire shop houses in George Town is good for my businesses, as it will introduce new visitors to the heritage enclave."

Before the pandemic, the housing market in Penang was faring better than those in much of the rest of the country, according to Mark Saw, the executive director of Knight Frank Malaysia. However, the outbreak has led to a more cautious approach among buyers and sellers, with many opting for a wait-and-see approach.

Despite this, the market for heritage properties in George Town remains strong, with many buyers attracted to the area's unique blend of history, culture, and architecture. The restored shophouse on the market for $1.88 million is a prime example of this, offering buyers a rare opportunity to own a piece of George Town's rich cultural heritage.

The shophouse is located in the historic center of George Town, the capital of the Malaysian state of Penang and the country's third-largest city, with about 700,000 residents. The area is known for its well-preserved colonial buildings, vibrant street life, and rich cultural heritage, making it a popular destination among Western tourists.

According to local experts, the market for heritage properties in George Town is expected to remain strong in the coming years, with many buyers attracted to the area's unique blend of history, culture, and architecture. With its prime location, stunning restoration, and rich cultural heritage, the 19th-century shophouse on the market for $1.88 million is sure to attract interest from buyers around the world.
Title: Restored 19th-Century Shophouse in George Town, Malaysia, on the Market for $1.88 million

A beautifully restored 19th-century shophouse located in the heart of George Town, Malaysia, is now on the market for $1.88 million. The historic property is situated in the George Town UNESCO World Heritage Site, which has been managed with innovative ideas and a holistic approach to benefit the local people. The shophouse is a perfect blend of built conservation, disaster risk reduction, and intangible cultural heritage safeguarding, making it a sustainable heritage city for the people who live, work, and use George Town.

The shophouse is a two-story property with two bedrooms and three bathrooms, and it is one of the six main shophouse styles in George Town, Penang. The property has undergone extensive rehabilitation, making it a perfect blend of old-world charm and modern amenities. The Southern Chinese Eclectic Style shophouse features intricate carvings, ornate decorations, and a unique blend of Chinese and Western architectural styles.

The property is located in the historic center of George Town, which is the capital of the Malaysian state of Penang and the country's third-largest city, with about 700,000 residents. The city is a popular destination among Western tourists, and the shophouse is a perfect investment opportunity for those interested in new property launches in Malaysia.

The housing market in the state of Penang, which encompasses Penang Island and the city of Seberang Perai on the Malay Peninsula, was faring better than those in much of the rest of the country before the pandemic, according to Mark Saw, the executive director of Knight Frank Malaysia. However, both buyers and sellers have become more vigilant amid the outbreak, and a wait-and-see approach is prevalent.

Dickie Tan, a local businessman, said that having foreign investors acquiring shophouses in George Town is good for his businesses, as it will introduce new visitors to the heritage enclave. He added that he is not interested in acquiring shophouses to sell them eventually, as he is a local born and bred in Penang. In George Town, most of its residents have lived in shophouses for decades, with some properties being passed down from generation to generation since the British colonized the island in 1786.

Foreign buyers have long been attracted to Malaysia for the reasonable housing prices, which are much lower than those in Singapore and more on a par with those in Asian cities like Jakarta, Bangkok, and Manila. Most foreign buyers are from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, brokers said.

The joint inscription of Melaka and George Town, the Historic Cities of the Straits of Malacca, as a UNESCO World Heritage Site on July 7, 2008, was based on the unique blend of Eastern and Western influences that shaped the city over the centuries. The shophouse is a perfect representation of this blend, making it a unique investment opportunity for those interested in owning a piece of history in one of Malaysia's most vibrant cities.
Title: Restored 19th-Century Shophouse in George Town, Malaysia, on the Market for $1.88 Million

In the heart of George Town, Malaysia, a beautifully restored 19th-century shophouse is up for sale at an asking price of $1.88 million. The historic city, which is a UNESCO World Heritage Site, has been carefully managed to preserve its unique character and heritage, while also catering to the needs of the local people and the growing tourism industry.

This two-story, two-bedroom, and three-bathroom shophouse is a stunning example of the Southern Chinese Eclectic Style that is prevalent in the area. With its intricate details and traditional design elements, the property offers a rare glimpse into the rich cultural history of George Town. The shophouse is one of six main styles found in the historic center, and its restoration has been carried out with meticulous care to maintain its original charm.

The property market in George Town has seen a surge in interest from foreign buyers, particularly from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom. The reasonable housing prices, which are significantly lower than those in Singapore, have made Malaysia an attractive destination for property investment. This has been further bolstered by the state of Penang's strong housing market, which has outperformed much of the rest of the country.

However, the COVID-19 pandemic has led to a more cautious approach among buyers and sellers, with many adopting a wait-and-see attitude. According to Mark Saw, the executive director of Knight Frank Malaysia, the housing market in Penang has fared better than other regions due to the island's unique position as a popular tourist destination and its historical significance.

Despite the challenges posed by the pandemic, the restored shophouse in George Town offers a unique opportunity for those looking to invest in a piece of living history. For local businessman Dickie Tan, the presence of foreign investors in George Town is a positive development, as it helps to introduce new visitors to the heritage enclave and supports local businesses.

Tan, who was born and raised in Penang, has no intention of acquiring shophouses for resale. Instead, he is focused on the long-term sustainability of his businesses in the area. He is also considering opening a bookshop in George Town if a well-maintained shophouse becomes available for rent.

In a city where many residents have lived in shophouses for decades, with some properties being passed down through generations since the British colonized the island in 1786, the restored 19th-century shophouse represents a rare chance to own a piece of George Town's rich cultural heritage. For those interested in new property launches in Malaysia, there are many featured new launches by top property developers available for consideration.

For more information on the George Town shophouse market, visit EdgeProp.my, Malaysia's most useful property website for home buyers and investors. With its wealth of information and resources, EdgeProp.my is the perfect platform to explore the unique property opportunities available in this historic city.
Title: Restored 19th-Century Shophouse in George Town's Historic Center Hits the Market for $1.88 Million

George Town, the capital of Malaysia's Penang state, is a city that has been working towards innovative ideas and holistic management for the benefit of its local community. With the UNESCO World Heritage Site designation, the city is a prime example of built conservation combined with elements of disaster risk reduction and intangible cultural heritage safeguarding, creating a sustainable heritage city for its residents. This effort has led to the availability of a restored 19th-century shophouse in the heart of the historic center, which is now on the market for $1.88 million.

The shophouse on offer is a well-preserved two-bedroom property that has been meticulously restored. The building boasts a total of three bathrooms across its two-story layout and is a prime example of George Town's six main shophouse styles, specifically the Southern Chinese Eclectic style. This type of shophouse was popular among the Chinese community during the 19th century and can be easily identified by its unique architectural features.

Dickie Tan, a local businessman, commented on the acquisition of shophouses by foreign investors. "This is good for my businesses, as it will introduce new visitors to the heritage enclave," he said. Tan, who was born and bred in Penang, has no intention of reselling the properties he acquires and sees it as an opportunity to introduce new visitors to the city. "It is more a more sustainable model at this point of time," he added. Moreover, Tan is looking into opening a bookshop in this heritage enclave, provided that a well-maintained shophouse is available for rent.

According to Mark Saw, the executive director of Knight Frank Malaysia, the housing market in Penang has been faring better than in other parts of the country due to its unique position as the "pearl of the Orient" and its historical background. "Over the years, generally, Penang property has sustained itself more than the rest of Malaysia," he said.

George Town's historic city center is listed as a UNESCO World Heritage Site, and its colonial buildings, including the 19th-century shophouse for sale, are a testament to the city's rich history. The city is known for its bustling street markets, vibrant street art scene, and delicious street food. It is a popular destination among Western tourists, and the shophouse for sale is located in the heart of this heritage enclave.

Despite the pandemic's impact on the property market, both buyers and sellers have become more cautious, resulting in a wait-and-see approach. However, the housing market in Penang has remained stable, with the state being a preferred location for foreign investors. In recent years, foreigners have been attracted to Malaysia for the reasonable housing prices, which are much lower than those in Singapore. Foreign buyers are primarily from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom.

In conclusion, the restored 19th-century shophouse in the heart of George Town's historic center is a rare opportunity for investors looking to own a piece of the city's rich heritage. With its unique architectural features and historical significance, it is an excellent addition to any property portfolio. The shophouse is not only a testament to George Town's rich history but also an opportunity for investors to contribute to the city's sustainable heritage model.
Title: Restored 19th-Century Shophouse in George Town, Malaysia, Hits the Market for $1.88 Million

In the heart of George Town, Malaysia, a meticulously restored 19th-century shophouse is up for grabs, listed at an asking price of $1.88 million. The historic dwelling presents an opportunity to own a piece of George Town's rich heritage, a UNESCO World Heritage Site. Boasting a two-bedroom layout on a two-story structure with three bathrooms, the shophouse is a stunning example of the region's Southern Chinese Eclectic Style. 

Located in the historic center of George Town, Penang, Malaysia's third-largest city, and home to about 700,000 residents, the property has undergone a painstaking rehabilitation process to retain its original charm while offering modern comforts and conveniences. The shophouse stands proudly among other Colonial structures, contributing to the unique architectural landscape of George Town, which is a source of pride for its residents. 

Dickie Tan, a local businessman, views the sale of the shophouse in a positive light. According to him, foreign investors acquiring properties in George Town is advantageous as it introduces a new audience to the heritage enclave. Tan himself is hesitant to part with any shop houses he owns, as he wants his businesses to stay rooted in the area for the long run. 

While the pandemic has led to uncertainty in Malaysia's property market, a wait-and-see approach has become prevalent. Both buyers and sellers have become more circumspect amidst the outbreak, minimizing physical visits to showrooms and sales galleries. Before the pandemic, the housing market in Penang, which encompasses Penang Island and the city of Seberang Perai on the Malay Peninsula, fared better than most other regions in the country. 

According to Mark Saw, the executive director of Knight Frank Malaysia, the state of Penang has sustained its property prices better than other parts of the country due to its reputation as the "Pearl of the Orient" and its historical significance. As a result, some foreign buyers are now looking to Langkawi, a less developed area, as an alternative retreat offering an idyllic lifestyle reminiscent of Penang from two decades ago.

Foreign buyers, primarily from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom, have found Malaysia's housing prices far more reasonable than those in neighboring Singapore, with prices more in line with cities like Jakarta, Bangkok and Manila. While many foreigners gravitate toward properties in Kuala Lumpur, Selangor, Penang, and Johor, the unique appeal of George Town may offer something special and sustainable. 

For the potential buyer, the $1.88 million shophouse stands as a testament to the successful blend of preservation and innovation in George Town. It provides a rare opportunity to be part of the heritage city's vibrant tapestry and further contribute to its cultural richness and economic prosperity.
**Restored 19th-Century Shophouse in George Town, Malaysia, Hits the Market for $1.88 Million**

A beautifully restored 19th-century shophouse in the heart of George Town, Malaysia, has been listed for sale at $1.88 million. The two-story property, located in the historic center of the city, boasts two bedrooms and three bathrooms, and is a rare example of a Southern Chinese Eclectic Style shophouse.

The shophouse, which dates back to the early 19th century, has been meticulously restored to maintain its original charm and character. The property's facade features a mix of Chinese and European architectural styles, with intricate carvings and ornate details that reflect the cultural heritage of the region.

The interior of the shophouse has been tastefully renovated to provide modern comforts while preserving the original layout and features of the property. The two bedrooms are spacious and well-appointed, with high ceilings and large windows that allow for plenty of natural light. The three bathrooms are modern and well-equipped, with sleek fixtures and fittings.

The shophouse is located in the heart of George Town, a UNESCO World Heritage Site that is known for its rich cultural heritage and historic architecture. The city is a popular destination for tourists and locals alike, with its vibrant streets, bustling markets, and world-class restaurants.

According to Mark Saw, executive director of Knight Frank Malaysia, the housing market in Penang has been performing well in recent years, with foreign buyers attracted to the state's unique cultural heritage and relatively affordable property prices. "Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background," he said.

The shophouse is being marketed by a local real estate agent, who notes that the property is a rare find in the current market. "This is a unique opportunity to own a piece of history in one of the most charming cities in Southeast Asia," the agent said. "We expect strong interest from buyers who are looking for a unique and authentic living experience."

The sale of the shophouse is expected to attract interest from local and foreign buyers, including those from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom. With its rich history, cultural significance, and modern comforts, this restored 19th-century shophouse is a rare gem in the heart of George Town.

**Property Details:**

* Price: $1.88 million
* Location: George Town, Malaysia
* Property Type: Shophouse
* Age: 19th century
* Style: Southern Chinese Eclectic Style
* Bedrooms: 2
* Bathrooms: 3
* Built-up area: 2,674 sqft
* Built-up price: RM 2,198/sqft

**Contact:**

For more information or to schedule a viewing, please contact the listing agent at [insert contact information].
**Restored 19th-Century Shophouse in George Town, Malaysia, Hits the Market for $1.88 Million**

A beautifully restored 19th-century shophouse in the heart of George Town, Malaysia, has been listed for sale at $1.88 million. This stunning property, located in the historic center of George Town, offers a unique opportunity for buyers to own a piece of history in one of Malaysia's most vibrant and culturally rich cities.

The shophouse, which dates back to the 19th century, has been meticulously restored to maintain its original charm and character. The property features a mix of traditional and modern elements, blending seamlessly into the surrounding heritage architecture of George Town. With its beautifully preserved facade and interior, this shophouse is a rare gem in the heart of the city.

The property is situated in a prime location, surrounded by other historic shophouses, temples, and cultural landmarks. The area is bustling with activity, with a mix of local businesses, restaurants, and cafes, making it an ideal location for those looking to experience the authentic charm of George Town.

According to local real estate experts, the demand for heritage properties in George Town has been increasing in recent years, driven by a growing interest in preserving the city's cultural heritage. "Foreign buyers are attracted to George Town's unique blend of history, culture, and architecture," said Mark Saw, executive director of Knight Frank Malaysia. "The city's UNESCO World Heritage Site status has also contributed to its appeal, making it a sought-after destination for investors and buyers looking for a unique and authentic experience."

The property market in Penang, which includes George Town, has been relatively resilient despite the COVID-19 pandemic. According to Saw, the market has been driven by local demand, with many buyers looking for homes in the state's popular areas. "Penang has a unique position as the 'Pearl of the Orient' and its historical background, which has sustained its property market over the years," he said.

The sale of this restored shophouse is expected to attract significant interest from local and foreign buyers, particularly those looking for a unique and historic property in the heart of George Town. With its rich history, cultural significance, and prime location, this property is a rare opportunity for buyers to own a piece of George Town's heritage.

**Property Details:**

* Price: $1.88 million
* Location: Historic center of George Town, Malaysia
* Property type: 19th-century shophouse
* Bedrooms: 2
* Bathrooms: 3
* Built-up area: 2,674 sqft
* Features: Restored facade and interior, traditional and modern elements, prime location in the heart of George Town.

**Contact:**

For more information or to schedule a viewing, please contact [insert contact information].
Here is a news article based on the topic:

**Historic 19th-Century Shophouse in George Town, Malaysia, Hits the Market for $1.88 Million**

A beautifully restored 19th-century shophouse in the heart of George Town, Malaysia, has been listed for sale at a price of $1.88 million. The two-story property, located in the historic center of George Town, features two bedrooms and three bathrooms, and is a rare example of a Southern Chinese Eclectic Style shophouse, one of six main shophouse styles found in the area.

The property has been meticulously restored to maintain its original charm and character, while incorporating modern amenities and comforts. The shophouse is situated in a prime location, surrounded by other historic buildings and within walking distance to many of George Town's famous attractions.

The listing of this property comes at a time when the housing market in Penang is experiencing a slowdown due to the COVID-19 pandemic. According to Mark Saw, executive director of Knight Frank Malaysia, the market has become more cautious, with both buyers and sellers adopting a wait-and-see approach.

However, experts believe that the unique charm and character of George Town's historic shophouses will continue to attract buyers, particularly foreigners who are drawn to the area's rich cultural heritage and relatively affordable prices. "Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background," said Saw.

Foreign buyers have long been attracted to Malaysia's housing market, with many drawn to the country's reasonable prices and rich cultural heritage. According to brokers, most foreign buyers are from China, South Korea, Japan, Hong Kong, Bangladesh, and the United Kingdom.

The sale of this historic shophouse is a rare opportunity for buyers to own a piece of George Town's history, and to experience the unique charm and character of this UNESCO World Heritage Site. With its rich cultural heritage and relatively affordable prices, George Town continues to be a popular destination for tourists and investors alike.

As one local business owner noted, "I am not interested in acquiring shop houses to sell them eventually, as I am a local born and bred in Penang. This means that my businesses are here to stay for the long-term." The sale of this historic shophouse is a testament to the enduring appeal of George Town's historic center, and the continued interest in preserving and restoring the area's unique cultural heritage.
**Historic Gem in George Town, Malaysia, Hits the Market for $1.88 Million**

A beautifully restored 19th-century shophouse in the heart of George Town, Malaysia, is up for sale, offering a rare opportunity to own a piece of the city's rich history. The two-story property, which boasts two bedrooms and three bathrooms, is listed for a staggering $1.88 million.

Located in the historic center of George Town, a UNESCO World Heritage Site, the shophouse is a stunning example of the city's unique blend of Eastern and Western architectural styles. The property's façade features a mix of traditional Chinese and European elements, reflecting the cultural melting pot that is Penang.

The interior of the shophouse has been meticulously restored to its former glory, with original wooden flooring and ornate details preserved and refurbished. The property's spacious living areas and bedrooms are filled with natural light, and the three bathrooms are modern and sleek.

According to local experts, the property market in Penang has been resilient in recent years, with foreign buyers and investors drawn to the island's unique heritage and cultural attractions. "Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background," said Mark Saw, executive director of Knight Frank Malaysia.

While the COVID-19 pandemic has had an impact on the market, with both buyers and sellers taking a wait-and-see approach, the long-term prospects for Penang's property market remain positive. "As the world recovers from the pandemic, we expect to see a resurgence of interest in Penang's unique heritage properties," said Saw.

The sale of this historic shophouse presents a rare opportunity for buyers to own a piece of George Town's history. With its stunning architecture, prime location, and rich cultural heritage, this property is sure to appeal to discerning buyers looking for a unique investment opportunity.

For those interested in exploring other properties in Malaysia, EdgeProp.my offers a range of listings from top developers and agents. Whether you're looking for a modern high-rise apartment or a historic shophouse, EdgeProp.my has the expertise and resources to help you find your dream home.

**Property Details:**

* Location: George Town, Penang, Malaysia
* Property Type: Shophouse
* Price: $1.88 million
* Bedrooms: 2
* Bathrooms: 3
* Built-up Area: 2,674 sqft
* Built-up Price: RM 2,198/sqft

**Contact:**

To learn more about this property or to schedule a viewing, please contact the agent listed on EdgeProp.my.
**Historic 19th-Century Shophouse in George Town, Malaysia, Hits the Market for $1.88 Million**

A stunning restored 19th-century shophouse in the historic center of George Town, Malaysia, is up for sale for $1.88 million. This beautifully rehabilitated two-story property boasts two bedrooms and three bathrooms, retaining much of its original charm while incorporating modern amenities.

Located in the heart of George Town, a UNESCO World Heritage Site, the shophouse is a rare gem in a highly sought-after neighborhood. The property's unique blend of traditional and modern design elements makes it an attractive investment opportunity for buyers looking to own a piece of history.

According to Mark Saw, executive director of Knight Frank Malaysia, the housing market in Penang has been more resilient than in other parts of the country, thanks to its unique cultural heritage and popularity among tourists. "Penang property has sustained itself more than the rest of Malaysia, because of its unique position being known as the pearl of the Orient and its historical background," he noted.

While the COVID-19 pandemic has slowed down the market, with both buyers and sellers adopting a wait-and-see approach, the long-term prospects for Penang's property market remain positive. Saw pointed out that Langkawi, another popular tourist destination in Malaysia, is experiencing a similar resurgence in interest, but noted that Penang's unique character and history set it apart.

The shophouse, one of six main styles in George Town, features elements of the Southern Chinese Eclectic Style, a testament to the region's rich cultural heritage. Its proximity to the city's historic landmarks, restaurants, and shops makes it an ideal location for expats, tourists, and locals alike.

Dickie Tan, a local businessman, welcomes foreign investment in George Town's heritage enclave, citing the benefits of introducing new visitors to the area. "As a local, I'm not interested in acquiring shop houses to sell them eventually. I want to see sustainable businesses that will benefit the community."

As Malaysia's most useful property website, EdgeProp.my is proud to feature this extraordinary property, highlighting the best of Penang's heritage and culture. With its rich history, stunning architecture, and prime location, this 19th-century shophouse is a rare opportunity for buyers seeking a unique investment or residence in one of Southeast Asia's most vibrant cities.

**Property Details:**

* Location: George Town, Malaysia
* Type: Shophouse
* Age: 19th century
* Bedrooms: 2
* Bathrooms: 3
* Size: 2,674 sqft
* Price: $1.88 million

Contact us for more information and to schedule a viewing.