Bukit Chagar, Johor Bahru

❈ LOCATION HIGHLIGHTS
▸ Prime city-centre address in Johor Bahru, directly adjacent to JB CIQ – the busiest Malaysia–Singapore land crossing
▸ Immediate surroundings include JB Sentral, City Square, Komtar JBCC, government offices, banks, corporate towers, medical centres & major retail malls
▸ Catchment strength: Singaporean tourists, business travellers, cross-border workforce, medical tourists, retail & office professionals
▸ Connectivity: Walking distance to JB CIQ, JB Sentral (KTM & bus hub); seamless access to Singapore; approx. 10 mins to Johor Bahru city hotspots; direct links to major highways
▸ Growth potential: Continued growth in Singapore spillover demand, JB CBD rejuvenation, RTS Link (Johor Bahru–Singapore) & rising cross-border travel volume

❈ PROPERTY DETAILS
▸ 12-storey freehold standalone hotel
▸ Fully operational and managed by an established international hotel brand
▸ Land area: ≈44,000 sf
▸ Total built-up: ≈143,000 sf (≈RM550 psf)
▸ Configuration: 208 fully fitted ensuite guest rooms (≈RM389k per room)
▸ Condition: Well-maintained and tastefully renovated; substantial CAPEX savings from upgraded rooms, bathrooms, M&E systems and public areas
▸ Design & ambience: Contemporary, clean and efficient international-brand concept focused on comfort, functionality and high guest turnover
▸ Facilities & income-generating spaces:
– Branded lobby & reception lounge
– Breakfast dining area / F&B space
– Meeting rooms for corporate demand
– Ample parking facilities supporting guest and public usage
– Strong upside for ancillary income via corporate bookings, long-stay packages and cross-border demand
▸ Bonus: Approx. 20,000 sf vacant land within the title for future expansion, additional rooms, F&B, serviced apartments or mixed-use development
▸ Asking price: RM79 million

❈ DISCLAIMER
Content & photos may differ. Viewing recommended for accurate assessment