# Megan Avenue 1, KL City Centre
| PROPERTY OVERVIEW | |
| ----------------------- | --------------------------------------------- |
| **Title** | Megan Avenue 1, KL City Centre |
| **Address** | Jalan Tun Razak, KL City Centre, Kuala Lumpur |
| **Price** | RM 1,056,998 |
| **Is Verified Listing** | No |
| **Baths** | 2 |
| **sqft** | 3,208 |
| **psf** | RM 329.49 |
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- **sale-501461119**
## Media Gallery
Photos
- [](https://ipp1-cdn.pgimgs.com/listing/501461119/UPHO.382753908.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.jpg "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501461119/UPHO.382753914.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.jpg "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501461119/UPHO.382753915.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.jpg "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501461119/UPHO.382753916.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.jpg "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501461119/UPHO.382836034.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.jpg "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501461119/UPHO.382753917.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.jpg "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/listing/501461119/UPHO.382836079.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.jpg "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - Exterior - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/projectnet-project/78754/ZPPHO.109978700.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.png "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - iProperty.com.my")
- [](https://ipp1-cdn.pgimgs.com/projectnet-project/78754/ZPPHO.109978702.V800/Megan-Avenue-1-KL-City-Centre-Malaysia.png "Office for Sale in KL City Centre, Kuala Lumpur by Chloe Tan - iProperty.com.my")
---
## Property details
- Office for sale
- Bare
- Completed in 2008
- Freehold tenure
- Listed on 3 Jun 2026
- Listing ID - 501461119
- 3,208 sqft floor area
- RM 329.49 psf (floor)
- Not tenanted
- Strata title
- Not Bumi Lot
- Developed by Phileo Promenade Sdn Bhd
## About Megan Avenue 1
> BELOW MARKET 40% Megan Avenue 1 Corporate Office (3,208 sqft) @ KLCC
UNBEATABLE COMMERCIAL ARBITRAGE | RM329 PSF IN THE HEART OF KL CITY CENTRE
Location: Megan Avenue 1, Jalan Tun Razak, KL City Centre
Property Type: Stratified Corporate Office Space
Tenure: Freehold
Built-up Size: 3,208 sq.ft.
Auction Reserve Price: RM 1,056,998
Rate per Sq Ft: RM 329.49 psf Only! (Market Value: RM 500 - RM 550 psf)
Auction Date: 18th June 2026 (Thursday)
Rare opportunity to acquire a massive, premium-sized 3,208 sq.ft. corporate office asset at an unprecedented entry price. Located within the ultra-strategic Golden Triangle perimeter, this asset is being liquidated at nearly 40% below standard market transacted values (typically RM 500+ psf).
Whether you are a corporate owner-occupier looking to eliminate monthly rental expenses or a seasoned investor aiming for a high-yield cash cow, the numbers on this unit make total financial sense.
Why This Asset is a High-Yield Masterstroke:
1)Instant Capital Cushion: Buying at RM 329 psf gives you immediate paper equity upon a successful bid.
2) Blank Canvas for Maximum Efficiency: Perfect layout flexibility to customize a modern plug-and-play setup for 30–35 staff, including executive boardrooms, manager suites, and open-plan hot-desking.
3)Double-Digit ROI Potential: Once fitted, standard market rental for this size commands approx. RM 3.50 psf (Est. RM 11,200+/month), projecting a stellar gross yield of over 10% against your purchase price.
4)Low Entry Barrier: A 3,200+ sqft commercial asset in KLCC under RM 1.1 million is practically unheard of in today's market.
Important Note for Bidders:
1)This is a bank auction asset (Lelong).
2)The property is sold on an "as-is-where-is" basis (basic/bare condition).
3)Prospective bidders are required to prepare a 10% bank draft of the reserve price.
4)Loan financing is applicable subject to profile eligibility.
5) Act Fast — Auction is happening on June 18, 2026.
For full legal documentation and step-by-step registration guidance, contact Chloe 012.232.88.99
## Common facilities
- 24-hour security
- Cafe
- Covered car park
- Multi-purpose hall
## Property Agent
- **Name**: Chloe Tan
- **Agency**: PROPNEX REALTY SDN BHD [ E (1) 1800/2 ]
- **Profile**: [https://www.iproperty.com.my/property-agent/chloe-tan-370329/#Agent-RightSideProfile](https://www.iproperty.com.my/property-agent/chloe-tan-370329/#Agent-RightSideProfile)
- **Ways to enquire**: Whatsapp, Phone, Email
## FAQs
#### What is the asking price for this unit?
The selling price is RM 1,056,998.
#### Where is the unit located?
Jalan Tun Razak, KL City Centre, Kuala Lumpur.
#### How big is this unit?
This floor size of this unit is 3,208 sqft.
#### Is the property freehold or leasehold?
Freehold.
#### How can I estimate my monthly home loan repayment?
You can estimate your monthly home loan repayment based on the property price, loan amount, interest rate, and financing tenure. To get a better idea of affordability, use the iProperty Mortgage Calculator here.
## Explore other options in and around KL City Centre
Based on the property criteria, you might be interested in the following
#### Office for Sale
- [At Megan Avenue 1](https://www.iproperty.com.my/commercial-properties-for-sale/at-megan-avenue-1-10082 "At Megan Avenue 1")
- [In KL City Centre](https://www.iproperty.com.my/offices-for-sale/in-kl-city-centre-kpycl "In KL City Centre")
- [In Kuala Lumpur](https://www.iproperty.com.my/offices-for-sale/in-kuala-lumpur-58jok "In Kuala Lumpur")
- [Under 2M RM](https://www.iproperty.com.my/offices-for-sale/in-kl-city-centre-kpycl/priced-under-2m-rm "Under 2M RM")
- [3000 - 4000 sqft](https://www.iproperty.com.my/offices-for-sale/in-kl-city-centre-kpycl/between-3000-and-4000-sqft "3000 - 4000 sqft")
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