Petaling Street Market, KLCC, KL City Centre
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur
Negotiable
RM 38,000,000
10+
Bath
52,500
sqft (floor)
RM 723.81
psf (floor)
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About Petaling Street Market
9sty Hotel - Freehold - 3 Adjoin-lot - RM724 psf - Prime Location
❈ LOCATION HIGHLIGHTS
▸ Prime location in Petaling Street, Kuala Lumpur, one of Malaysia's most iconic tourism, heritage and commercial destinations
▸ Surrounded by Central Market, Merdeka 118, Pasar Seni, Dataran Merdeka, River of Life, offices, restaurants and major tourist attractions
▸ Strong catchment from international tourists, business travellers, backpackers, local visitors and city-centre workers
▸ Approx. 3–5 mins walk to MRT & LRT Pasar Seni, 10 mins to MRT Merdeka, providing excellent citywide connectivity
▸ Excellent accessibility via Jalan Tun Tan Cheng Lock, Jalan Pudu and Jalan Sultan
▸ Growth driven by tourism recovery, Merdeka 118 development and Chinatown revitalisation initiatives
❈ PROPERTY DETAILS
▸ 9-Storey Hotel – 3 Adjoining Lots
▸ Freehold
▸ Land Area: Approx. 7,832 sf
▸ Built-up: Approx. 52,500 sf
▸ Configuration: 110 Fully Fitted Guest Rooms
▸ Tastefully renovated with modern finishes – save up to RM5 million in renovation cost
▸ Contemporary boutique hotel with stylish lobby, comfortable guestrooms and efficient operational layout
▸ Designed to cater for leisure travellers, tour groups, corporate guests and long-stay visitors
▸ Freehold city-centre asset with strong branding and operational potential
▸ Asking Price: RM38 Million
❈ INVESTMENT EDGE
▸ Rare freehold hotel in Kuala Lumpur's heritage tourism district
▸ Strong demand from year-round domestic and international tourism
▸ Ready-to-operate with substantial renovation savings
▸ Excellent potential for branding, occupancy optimisation and yield enhancement
▸ Strategic long-term investment supported by Merdeka 118 and ongoing city rejuvenation
▸ Attractive entry based on freehold tenure, prime Petaling Street location, 110-room inventory and strong tourism-driven growth potential
❈ 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 Petaling Street, Kuala Lumpur, one of Malaysia's most iconic tourism, heritage and commercial destinations
▸ Surrounded by Central Market, Merdeka 118, Pasar Seni, Dataran Merdeka, River of Life, offices, restaurants and major tourist attractions
▸ Strong catchment from international tourists, business travellers, backpackers, local visitors and city-centre workers
▸ Approx. 3–5 mins walk to MRT & LRT Pasar Seni, 10 mins to MRT Merdeka, providing excellent citywide connectivity
▸ Excellent accessibility via Jalan Tun Tan Cheng Lock, Jalan Pudu and Jalan Sultan
▸ Growth driven by tourism recovery, Merdeka 118 development and Chinatown revitalisation initiatives
❈ PROPERTY DETAILS
▸ 9-Storey Hotel – 3 Adjoining Lots
▸ Freehold
▸ Land Area: Approx. 7,832 sf
▸ Built-up: Approx. 52,500 sf
▸ Configuration: 110 Fully Fitted Guest Rooms
▸ Tastefully renovated with modern finishes – save up to RM5 million in renovation cost
▸ Contemporary boutique hotel with stylish lobby, comfortable guestrooms and efficient operational layout
▸ Designed to cater for leisure travellers, tour groups, corporate guests and long-stay visitors
▸ Freehold city-centre asset with strong branding and operational potential
▸ Asking Price: RM38 Million
❈ INVESTMENT EDGE
▸ Rare freehold hotel in Kuala Lumpur's heritage tourism district
▸ Strong demand from year-round domestic and international tourism
▸ Ready-to-operate with substantial renovation savings
▸ Excellent potential for branding, occupancy optimisation and yield enhancement
▸ Strategic long-term investment supported by Merdeka 118 and ongoing city rejuvenation
▸ Attractive entry based on freehold tenure, prime Petaling Street location, 110-room inventory and strong tourism-driven growth potential
❈ 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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FAQs
The selling price is RM 38,000,000.
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur.
This floor size of this unit is 52,500 sqft.
Freehold.
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.
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