Chow Kit, KL City Centre

❈ LOCATION HIGHLIGHTS

▸ Prime location in Chow Kit, Jalan Raja Laut, one of Kuala Lumpur's busiest commercial and tourism corridors
▸ Surrounded by SOGO, Quill City Mall, Jalan TAR shopping district, Medan Tuanku, hotels, offices and wholesale business hubs
▸ Strong catchment from tourists, business travellers, healthcare visitors, office workers and city-centre residents
▸ Monorail Chow Kit & Medan Tuanku stations (~3–5 mins walk) with direct connectivity to KL Sentral and Bukit Bintang
▸ Growth driven by KL city revitalisation, tourism recovery, transit-oriented developments and increasing hospitality demand

❈ PROPERTY DETAILS

▸ 5-Storey Detached Hotel – 3 Adjoining Lots
▸ Freehold
▸ Land Area: Approx. 6,500 sf
▸ Built-up: Approx. 30,000 sf
▸ Configuration: 42 fully fitted guest rooms

▸ Additional Income Components:
• 1 entire level dedicated for spa & wellness operations
• 3 ground floor retail units providing diversified rental income

▸ Existing setup allows substantial savings of up to RM1 million in renovation and fit-out costs
▸ Functional hospitality layout with spacious lobby, guest facilities and commercial components integrated within the building

▸ Asking Price: RM10 million
▸ Only RM333 psf

❈ INVESTMENT EDGE

▸ Rare freehold detached hospitality asset within KL city centre
▸ Attractive entry at only RM333 psf, significantly below replacement cost
▸ Multiple income streams from hotel rooms, spa operations and retail lots
▸ Strategic location within established tourism, healthcare and commercial district
▸ Strong redevelopment and long-term appreciation potential due to city-centre positioning
▸ Excellent visibility and accessibility with nearby public transport connectivity

❈ DISCLAIMER

Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.