⭐ 21sty Detached ⭐ Freehold ⭐ 332 Rooms ⭐ Collected RM278k / Month ⭐ Iskandar Puteri, Johor Bahru

❈ LOCATION HIGHLIGHTS

▸ Strategic address in Iskandar Puteri, within the flagship growth corridor of Iskandar Malaysia.
▸ Surrounded by strong demand drivers – Educity Iskandar, LEGOLAND Malaysia, Puteri Harbour, and Kota Iskandar (government hub).
▸ Nearby medical support: Gleneagles Medini Hospital.
▸ Retail & lifestyle nodes: Mall of Medini, Sunway Big Box Retail Park.
▸ Mature & expanding township with strong expatriate, corporate & tourist catchment.
▸ Public transport: bus connectivity within walking distance; approx. 20–25 mins drive to Sultan Iskandar CIQ Complex.
▸ Growth catalyst: Rapid cross-border demand uplift from the upcoming Johor Bahru–Singapore RTS Link and continued Medini commercial expansion.

❈ PROPERTY DETAILS

▸ 21-Storey Detached 3-Star Hotel
▸ Freehold
▸ Land Area: 71,800 sf
▸ Built-Up: ~152,000 sf (≈ RM546 psf)
▸ Configuration: 332 fully fitted guestrooms (≈ RM258k / key)

▸ Design & Ambience: Contemporary façade with functional mid-scale hospitality layout; welcoming lobby, efficient floor plates, practical room design catering to business, education & leisure segments

▸ Facilities & Revenue Streams: Coffee house / F&B outlet, meeting & function rooms, ballroom facilities, gymnasium, parking bays & ancillary services – supporting room revenue plus event & corporate bookings
▸ Potential for upgrade to 4-5 Star hotel
▸ Current Income: Minimum rental collected RM278,000 per month
▸ Asking Price: RM83 million
▸ Indicative ROI: ~4.02%

❈ INVESTMENT EDGE

▸ Strategic government & education hub location
▸ 332 keys – strong scale advantage
▸ Freehold tenure for long-term holding
▸ Positioned within high-growth southern corridor
▸ Suitable for yield hold or hospitality repositioning strategy

❈ DISCLAIMER
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❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share