⭐ High ROi ⭐ 4sty x 4 Adjoining Lot ⭐ Freehold ⭐ RM488 psf ⭐, Permas Jaya, Johor Bahru

❈ LOCATION HIGHLIGHTS
▸ Prime location in Bandar Baru Permas Jaya, Johor Bahru, a well-established and high-density commercial township
▸ Surrounded by strong hotel demand drivers including AEON Mall Permas Jaya, Lotus’s Permas, banks, shoplots, eateries, offices, and neighbourhood commercial hubs
▸ Close to key amenities such as KPJ Bandar Dato’ Onn Specialist Hospital, Regency Specialist Hospital, schools, colleges, and government-related offices
▸ Approx. 15–20 minutes drive to Johor Bahru CIQ (Woodlands) and JB city centre
▸ Approx. 30 minutes drive to Johor Bahru–Singapore RTS Link (future connectivity catalyst)
▸ Growth supported by Johor–Singapore economic integration, industrial expansion in Pasir Gudang, and sustained residential population growth

❈ PROPERTY DETAILS
▸ Property type: Shop lot / commercial building
▸ Configuration: 4 adjoining lots of 3-storey commercial buildings
▸ Tenure: Freehold
▸ Land area: Approx. 5,704 sf
▸ Total built-up: Approx. 17,000 sf (approx. RM488 psf based on asking)
▸ Condition: Tastefully renovated with modern finishes, estimated RM2.5 million renovation cost saved
▸ Current status: Fully tenanted
▸ Current rental income: RM44,000 per month
▸ Asking price: RM8.3 million
▸ Indicative ROI: Approx. 6.36%

❈ INVESTMENT EDGE / ADVANTAGES
▸ Freehold asset in a proven Johor growth corridor
▸ Immediate cashflow from existing tenancy
▸ Value protection via recent renovation and modernised condition
▸ Strong and diversified demand from business, medical, and domestic travel segments
▸ Competitive entry price on psf
▸ Suitable for long-term hold, yield play, or future repositioning

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

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