Chow Kit, KL City Centre
Chow Kit, KL City Centre, Kuala Lumpur
Negotiable
RM 5,500,000
10+
Bath
9,560
sqft
RM 575.31
psf
Photos
Map View
Property details
 | |
| |
| |
About Chow Kit
ROI 5.45% - 5sty Freehold - 37 Rooms - Collected RM25k / Month !
❈ LOCATION HIGHLIGHTS
▸ Prime location in Chow Kit / Jalan TAR, one of KL’s busiest commercial & tourism hotspots
▸ Surrounded by SOGO, Quill City Mall, Jalan TAR shopping belt, hotels, offices and wholesale hubs
▸ Close to Hospital Kuala Lumpur (HKL), government offices, Medan Tuanku and KL city attractions
▸ Strong catchment from tourists, business travellers, shoppers, healthcare visitors and urban workforce
▸ Monorail Chow Kit / Medan Tuanku (~3–5 mins walk) with connectivity to KL Sentral & Bukit Bintang
▸ Excellent accessibility via Jalan TAR, Jalan Raja Laut, DUKE and AKLEH
▸ Growth driven by KL city rejuvenation, tourism recovery and transit-oriented developments
❈ PROPERTY DETAILS
▸ 5-Storey Hotel For Sale
▸ Freehold
▸ Land Area: Approx. 1,940 sf
▸ Built-up: Approx. 9,560 sf (RM575 psf)
▸ Configuration: 37 fully fitted guest rooms (~RM157k per room)
▸ Tastefully renovated with modern finishes, contemporary interiors and efficient room layouts – save up to RM1.75 million renovation cost
▸ Boutique-hotel ambience featuring comfortable guestrooms, welcoming reception area and practical hospitality setup suitable for city travellers and short-stay guests
▸ Currently tenanted – RM25,000/month (below market, upside potential)
▸ Asking Price: RM5.5 million
▸ ROI: Approx. 5.45%
❈ INVESTMENT EDGE
▸ Strategic freehold hospitality asset within high-footfall KL city centre
▸ Attractive entry at ~RM157k per room only
▸ Existing tenancy provides immediate recurring cashflow
▸ Rental below market with upside potential for future enhancement
▸ Strong long-term demand supported by tourism, healthcare and commercial activities
▸ Suitable for boutique hotel, budget hotel, co-living, workforce accommodation or healthcare stay concept
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
▸ Prime location in Chow Kit / Jalan TAR, one of KL’s busiest commercial & tourism hotspots
▸ Surrounded by SOGO, Quill City Mall, Jalan TAR shopping belt, hotels, offices and wholesale hubs
▸ Close to Hospital Kuala Lumpur (HKL), government offices, Medan Tuanku and KL city attractions
▸ Strong catchment from tourists, business travellers, shoppers, healthcare visitors and urban workforce
▸ Monorail Chow Kit / Medan Tuanku (~3–5 mins walk) with connectivity to KL Sentral & Bukit Bintang
▸ Excellent accessibility via Jalan TAR, Jalan Raja Laut, DUKE and AKLEH
▸ Growth driven by KL city rejuvenation, tourism recovery and transit-oriented developments
❈ PROPERTY DETAILS
▸ 5-Storey Hotel For Sale
▸ Freehold
▸ Land Area: Approx. 1,940 sf
▸ Built-up: Approx. 9,560 sf (RM575 psf)
▸ Configuration: 37 fully fitted guest rooms (~RM157k per room)
▸ Tastefully renovated with modern finishes, contemporary interiors and efficient room layouts – save up to RM1.75 million renovation cost
▸ Boutique-hotel ambience featuring comfortable guestrooms, welcoming reception area and practical hospitality setup suitable for city travellers and short-stay guests
▸ Currently tenanted – RM25,000/month (below market, upside potential)
▸ Asking Price: RM5.5 million
▸ ROI: Approx. 5.45%
❈ INVESTMENT EDGE
▸ Strategic freehold hospitality asset within high-footfall KL city centre
▸ Attractive entry at ~RM157k per room only
▸ Existing tenancy provides immediate recurring cashflow
▸ Rental below market with upside potential for future enhancement
▸ Strong long-term demand supported by tourism, healthcare and commercial activities
▸ Suitable for boutique hotel, budget hotel, co-living, workforce accommodation or healthcare stay concept
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
View Phone Number
Send Enquiry
FAQs
The selling price is RM 5,500,000.
Chow Kit, KL City Centre, Kuala Lumpur.
This floor size of this unit is 9,560 sqft.
Freehold.
Our LoanCare service can help you increase your chances of home loan approval.
Explore other options in and around Chow Kit
Based on the property criteria, you might be interested in the following
View Phone Number
Send Enquiry