Petaling Street Market, KLCC, KL City Centre
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur
Negotiable
RM 6,800,000
10+
Bath
10,210
sqft
RM 666.01
psf
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Property details
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About Petaling Street Market
ROI 4.4% - 5sty Endlot - Freehold - Collected RM25k / Month - Prime !
❈ LOCATION HIGHLIGHTS
▸ Prime address in Bukit Bintang, Kuala Lumpur – one of KL’s busiest tourism, retail & hospitality zones
▸ Main road frontage with strong visibility and continuous pedestrian flow
▸ Strategic access to major landmarks:
– LRT Station (3 min walk)
– Chinatown & Merdeka 118 (4 min walk)
– Jalan Alor & Tung Shin Hospital (8 min walk)
▸ Strong catchment from tourists, backpackers, office workers, retail staff & urban commuters
▸ Excellent public transport connectivity via LRT, MRT & Monorail, all within short walking distance
▸ Significant future upside driven by Merdeka 118 rise, TRX financial district & Bukit Bintang rejuvenation projects
❈ PROPERTY DETAILS
▸ 5-Storey CORNER Commercial Building (Hotel specification)
▸ FREEHOLD tenure
▸ Equipped with lift
▸ Total Built-Up: Approx. 10,210 sq.ft (≈ RM666 psf)
▸ Configuration: 26 fully fitted rooms with attached bathrooms
▸ Condition: Tastefully upgraded – save up to RM1.3mil in renovation cost
▸ Ground Floor: Large retail frontage ideal for F&B / convenience retail / specialty tenant
▸ Plot Ratio 7: Potential redevelopment up to 13 floors with approx. 99 rooms (subject to authority approval)
▸ Rooftop: Wide usable deck with direct Merdeka 118 view – suitable for sky café / event space
❈ FINANCIAL HIGHLIGHTS
▸ Tenanted with RM25,000 monthly rental
▸ ROI: Approx. 4.4% based on RM6.8 million asking price
❈ INVESTMENT EDGE / ADVANTAGES
▸ Rare FREEHOLD corner asset in KL’s Golden Triangle
▸ Walking distance to multiple rail lines & major tourist attractions
▸ High rental demand area with stable occupancy
▸ Strong long-term capital appreciation potential
▸ Redevelopment-friendly with Plot Ratio 7
▸ Merdeka 118 & TRX expansions continue to uplift the micro-market
❈ DISCLAIMER
Content & photos may differ from actual conditions. Arrange a viewing for accurate assessment.
❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to Share
▸ Prime address in Bukit Bintang, Kuala Lumpur – one of KL’s busiest tourism, retail & hospitality zones
▸ Main road frontage with strong visibility and continuous pedestrian flow
▸ Strategic access to major landmarks:
– LRT Station (3 min walk)
– Chinatown & Merdeka 118 (4 min walk)
– Jalan Alor & Tung Shin Hospital (8 min walk)
▸ Strong catchment from tourists, backpackers, office workers, retail staff & urban commuters
▸ Excellent public transport connectivity via LRT, MRT & Monorail, all within short walking distance
▸ Significant future upside driven by Merdeka 118 rise, TRX financial district & Bukit Bintang rejuvenation projects
❈ PROPERTY DETAILS
▸ 5-Storey CORNER Commercial Building (Hotel specification)
▸ FREEHOLD tenure
▸ Equipped with lift
▸ Total Built-Up: Approx. 10,210 sq.ft (≈ RM666 psf)
▸ Configuration: 26 fully fitted rooms with attached bathrooms
▸ Condition: Tastefully upgraded – save up to RM1.3mil in renovation cost
▸ Ground Floor: Large retail frontage ideal for F&B / convenience retail / specialty tenant
▸ Plot Ratio 7: Potential redevelopment up to 13 floors with approx. 99 rooms (subject to authority approval)
▸ Rooftop: Wide usable deck with direct Merdeka 118 view – suitable for sky café / event space
❈ FINANCIAL HIGHLIGHTS
▸ Tenanted with RM25,000 monthly rental
▸ ROI: Approx. 4.4% based on RM6.8 million asking price
❈ INVESTMENT EDGE / ADVANTAGES
▸ Rare FREEHOLD corner asset in KL’s Golden Triangle
▸ Walking distance to multiple rail lines & major tourist attractions
▸ High rental demand area with stable occupancy
▸ Strong long-term capital appreciation potential
▸ Redevelopment-friendly with Plot Ratio 7
▸ Merdeka 118 & TRX expansions continue to uplift the micro-market
❈ DISCLAIMER
Content & photos may differ from actual conditions. Arrange a viewing for accurate assessment.
❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to Share
Common facilities
Cafe
Eateries
Retail stores
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The selling price is RM 6,800,000.
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur.
This floor size of this unit is 10,210 sqft.
Freehold.
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