5-Storey Shoplot @ Kampung Air, Kota Kinabalu
88000, Sabah
RM 3,888,000
1
Bath
6,000
sqft (floor)
RM 648
psf (floor)
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About 5-Storey Shoplot @ Kampung Air
5-Storey Shoplot @ Kampung Air For Sale
Urgent Sale | 35% Below Market Value | Rare Item | Facing Mainroad | High Exposure
5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre
Super prime location · High foot traffic · Surrounded by hotels, eateries & retail
Internal Price: RM3,888,000
5-storey building (approx. 1,200 sq.ft per floor)
35% below bank valuation
Leasehold balance approx. 30+ years (extension possible)
—
Current Tenancy & Potential
Ground floor rented to massage centre – RM6,000/month
2nd–5th floors rented to Bilixewa long-term tenant – RM6,000/month
Total rental income: RM12,000/month (steady cash flow)
But the true value isn’t just the rental — it’s the opportunity
Rare full block in KK city centre
Priced one-third below market value
Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business
Not listed publicly – internal sale only
—
Note
Buyer to allocate around RM150,000 for lease extension — can renew now or later (around 10 years).
Reason for Sale
Owners are elderly and no longer wish to manage the property, hence decided to sell internally.
KK City Centre + 35% Below Market = Rare Opportunity
For serious buyers who understand location value.
Contact us today to arrange a private viewing!
Celine Teah 0*****
REN14439
The Roof Realty Sabah Sdn Bhd
www.h*****
5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre
Super prime location · High foot traffic · Surrounded by hotels, eateries & retail
Internal Price: RM3,888,000
5-storey building (approx. 1,200 sq.ft per floor)
35% below bank valuation
Leasehold balance approx. 30+ years (extension possible)
—
Current Tenancy & Potential
Ground floor rented to massage centre – RM6,000/month
2nd–5th floors rented to Bilixewa long-term tenant – RM6,000/month
Total rental income: RM12,000/month (steady cash flow)
But the true value isn’t just the rental — it’s the opportunity
Rare full block in KK city centre
Priced one-third below market value
Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business
Not listed publicly – internal sale only
—
Note
Buyer to allocate around RM150,000 for lease extension — can renew now or later (around 10 years).
Reason for Sale
Owners are elderly and no longer wish to manage the property, hence decided to sell internally.
KK City Centre + 35% Below Market = Rare Opportunity
For serious buyers who understand location value.
Contact us today to arrange a private viewing!
Celine Teah 0*****
REN14439
The Roof Realty Sabah Sdn Bhd
www.h*****
Estimated mortgage
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RM 0 / mo
RM 0 Principal
RM 0 Interest
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RM 0 Loan amount at 0% Loan-to-value
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FAQs
The selling price is RM 3,888,000.
88000, Sabah.
This floor size of this unit is 6,000 sqft.
Leasehold.
Our LoanCare service can help you increase your chances of home loan approval.
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