The First Guesthouse (traditional Chinese: 第一賓館; simplified Chinese: 第一宾馆; pinyin: Dì Yī Bīnguǎn) is a historical building and former guesthouse of President Chiang Kai-shek in Magong City, Penghu County, Taiwan.

The beam raising ceremony was held on 26 October 1942 and the building construction was completed in February 1943.

In 2009, it underwent restoration for the main architecture and was reopened to the public on 18 May 2011.

The interior wall of the building was constructed by coral rock.

Additionally, there is huge grass plaza for star observation during the night.