The Grand@Kelana Damansara Suite, Kelana Jaya, Petaling Jaya
The Grand Sofo, Kelana Jaya, 47301, Selangor
Negotiable
RM 4,700,000
1
Bath
4,067
sqft (floor)
RM 1,156
psf (floor)
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Property details
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About The Grand@Kelana Damansara Suite
Secure Bank-Tenanted Corner Lot – with RM800k Valuation Upside
Own a rare freehold, corner-lot commercial property in the heart of Kelana Jaya — tenanted by Bank. This ground + mezzanine floor unit (4,067 sq. ft.) offers investors a secure, long-term income stream with exceptional capital appreciation potential.
Tenant: Bank
Rental Income: RM16,000/month
Tenancy: 3-year term from Apr 2024 to Mar 2027, with two further 3-year renewal options (at prevailing market rate or max 10% increase)
Price: RM4.7M (Valuation: RM5.5M – RM800k above asking)
Yield: 4.1%
Renovation: Fully upgraded in Jan 2023 at a cost of RM2M
Extras: 2 strata-titled carparks directly in front of the bank
Tenure: Freehold
Location Advantage: Situated beside the upcoming UEM Sunrise mixed development (on the former Giant Kelana Jaya site) — featuring condominiums, offices, supermarkets, and retail lots — this property is poised for a major value boost upon project completion (expected 2025/2026). Its prime frontage along the Damansara–Puchong Expressway (LDP) and proximity to Paradigm Mall ensure high visibility and consistent foot traffic.
Ideal for investors seeking a blue-chip tenant, stable returns, and strong capital growth in one of PJ’s most strategic commercial hubs
Tenant: Bank
Rental Income: RM16,000/month
Tenancy: 3-year term from Apr 2024 to Mar 2027, with two further 3-year renewal options (at prevailing market rate or max 10% increase)
Price: RM4.7M (Valuation: RM5.5M – RM800k above asking)
Yield: 4.1%
Renovation: Fully upgraded in Jan 2023 at a cost of RM2M
Extras: 2 strata-titled carparks directly in front of the bank
Tenure: Freehold
Location Advantage: Situated beside the upcoming UEM Sunrise mixed development (on the former Giant Kelana Jaya site) — featuring condominiums, offices, supermarkets, and retail lots — this property is poised for a major value boost upon project completion (expected 2025/2026). Its prime frontage along the Damansara–Puchong Expressway (LDP) and proximity to Paradigm Mall ensure high visibility and consistent foot traffic.
Ideal for investors seeking a blue-chip tenant, stable returns, and strong capital growth in one of PJ’s most strategic commercial hubs
Amenities
24-hour access
Covered car parking
Common facilities
24-hour security
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
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FAQs
The selling price is RM 4,700,000.
The Grand Sofo, Kelana Jaya, 47301, Selangor.
This floor size of this unit is 4,067 sqft.
Freehold.
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