Petaling Street Market, KLCC, KL City Centre
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur
Negotiable
RM 12,800,000
10+
Bath
12,000
sqft (floor)
RM 1,066.67
psf (floor)
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Property details
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About Petaling Street Market
ROI 6.1% - 8sty - Freehold - 12000sf - Walking Distance to 118 & MRT
❈ 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, hotels, offices, restaurants and major tourist attractions
▸ Strong catchment from international tourists, business travellers, backpackers and city-centre visitors throughout the year
▸ Approx. 3–5 mins walk to MRT & LRT Pasar Seni, 10 mins to MRT Merdeka, providing seamless connectivity across Kuala Lumpur
▸ Growth supported by Merdeka 118, Chinatown revitalisation, tourism recovery and ongoing city-centre regeneration
❈ PROPERTY DETAILS
▸ 8-Storey Hotel For Sale
▸ Freehold
▸ Land Area: Approx. 2,300 sf
▸ Built-up: Approx. 12,000 sf
▸ Configuration: 44 Fully Fitted Guest Rooms
▸ Tastefully renovated with modern finishes – save up to RM2.1 million in renovation cost
▸ Contemporary boutique hotel featuring a stylish lobby, efficient room layouts and warm, modern interiors designed for leisure and business travellers
▸ Functional operational layout with lift access, quality fittings and move-in-ready condition, minimising additional capital expenditure
▸ Currently tenanted RM65,000 / month
▸ ROI 6.1% based on RM12.8mil for sale
❈ INVESTMENT EDGE
▸ Attractive entry at only ~RM1.07k psf and ~RM291k per room
▸ Rare freehold boutique hotel within Kuala Lumpur's heritage tourism belt
▸ Immediate operational readiness with significant renovation savings
▸ Excellent potential to enhance ADR and occupancy through branding and professional management
▸ Attractive entry based on freehold tenure, prime Petaling Street location, fully renovated condition and strong upside in Kuala Lumpur's fastest-growing tourism corridor
❈ 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, hotels, offices, restaurants and major tourist attractions
▸ Strong catchment from international tourists, business travellers, backpackers and city-centre visitors throughout the year
▸ Approx. 3–5 mins walk to MRT & LRT Pasar Seni, 10 mins to MRT Merdeka, providing seamless connectivity across Kuala Lumpur
▸ Growth supported by Merdeka 118, Chinatown revitalisation, tourism recovery and ongoing city-centre regeneration
❈ PROPERTY DETAILS
▸ 8-Storey Hotel For Sale
▸ Freehold
▸ Land Area: Approx. 2,300 sf
▸ Built-up: Approx. 12,000 sf
▸ Configuration: 44 Fully Fitted Guest Rooms
▸ Tastefully renovated with modern finishes – save up to RM2.1 million in renovation cost
▸ Contemporary boutique hotel featuring a stylish lobby, efficient room layouts and warm, modern interiors designed for leisure and business travellers
▸ Functional operational layout with lift access, quality fittings and move-in-ready condition, minimising additional capital expenditure
▸ Currently tenanted RM65,000 / month
▸ ROI 6.1% based on RM12.8mil for sale
❈ INVESTMENT EDGE
▸ Attractive entry at only ~RM1.07k psf and ~RM291k per room
▸ Rare freehold boutique hotel within Kuala Lumpur's heritage tourism belt
▸ Immediate operational readiness with significant renovation savings
▸ Excellent potential to enhance ADR and occupancy through branding and professional management
▸ Attractive entry based on freehold tenure, prime Petaling Street location, fully renovated condition and strong upside in Kuala Lumpur's fastest-growing tourism corridor
❈ 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 12,800,000.
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur.
This floor size of this unit is 12,000 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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