Petaling Street Market, KLCC, KL City Centre

Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur

RM 50,000,000


10+

Bath

70,000

sqft (floor)

RM 714

psf (floor)


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Photos

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Map View

Property details

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Hotel / Resort for sale
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Fully fitted
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Freehold tenure
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Listed on 4 Mar 2026
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Listing ID - 500830576
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70,000 sqft floor area

About Petaling Street Market

9sty Detached - 4 Adjoining Lot - Freehold - 115 Rooms - Prime Area !

❈ LOCATION HIGHLIGHTS
▸ Prime positioning in Chinatown / Petaling Street, Kuala Lumpur — one of the city’s most vibrant tourist and heritage districts.
▸ Surrounded by Central Market, Kasturi Walk, Merdeka 118, River of Life, boutique hotels, cafés, retail outlets and cultural attractions.
▸ Strong catchment from international tourists, backpackers, city travellers and nearby office workforce.
▸ Excellent connectivity: approx. 3–5 minutes’ walk to Pasar Seni MRT & LRT interchange
▸ Growth supported by ongoing Chinatown revitalisation, Merdeka 118 development and rising tourism activity in KL city centre.

❈ PROPERTY DETAILS
▸ 9-storey Detached 3-Star Hotel
▸ Tenure: Freehold
▸ Land area: approx. 10,442 sf
▸ Total built-up: approx. 70,000 sf (≈ RM714 psf)
▸ Configuration: 115 fully fitted guest rooms

▸ Recently refurbished with modern finishes, saving up to approx. RM7 million in renovation cost.
▸ Contemporary urban hospitality concept featuring welcoming lobby, efficient guestroom layout and comfortable interior ambience designed for city travellers.

▸ Facilities include reception lobby, café / dining space, lift access, housekeeping and management areas, and operational service spaces supporting hotel operations.
▸ Additional income potential from F&B outlets, tour services, vending, and tourism-related partnerships.

▸ Asking Price: RM50 million
▸ Attractive entry based on freehold city-centre asset, strong tourism location, competitive psf pricing and ready operational condition.

❈ INVESTMENT EDGE / ADVANTAGES
▸ Tourist hotspot location
▸ Freehold city-centre hotel
▸ Recently refurbished asset
▸ Strong tourism-driven demand

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

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

FAQs
The selling price is RM 50,000,000.
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur.
This floor size of this unit is 70,000 sqft.
Freehold.
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Vivahomes Realty - Kota Damansara