Seven Sheraton and Merlin hotels, Penang Plaza for sale at RM450m


SEVEN Sheraton and Merlin hotels and the Penang Plaza commercial complex – formerly owned and operated by Faber Group Bhd and with a total indicative value of RM450mil –are up for sale via open tender.  

The tender opens on Monday and closes on Jan 10. Tender documents are available at Zerin Properties at RM100 per document per property.  

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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