Taman Wangsa Melawati, Setapak
Jalan Wangsa Perkasa, Taman Wangsa Melawati, Setapak, Kuala Lumpur
Negotiable
RM 3,200,000
6
Baths
5,200
sqft
RM 615.38
psf
About Taman Wangsa Melawati
Wangsa Melawati 4-Storey Shoplot with 6% ROI, Freehold
Freehold | Non-Bumi | Fully Tenanted | Income Generating
Asking Price: RM3,200,000
________________________________________
Property Details
• 4-Storey Shoplot
• Freehold (Non-Bumi)
• Land Size: 20’ x 65’ (Approx. 1,300 sqft per floor)
• Estimated Total Built-up: ±5,200 sqft
• Individual Title
• Newer phase development
________________________________________
Tenancy & Rental Income
Fully tenanted with diversified rental stream.
Current Estimated Monthly Rental:
• Ground Floor (Restaurant): Approx. RM4,800
• 1st Floor (Office): Approx. RM2,200
• 2nd & 3rd Floors (26 rooms – lodging use):
o Standard Room: RM300 – RM350
o Window Room (6 units): RM380 – RM430
Estimated Lodging Collection: Approx. RM9,000/month
Estimated Total Rental: Approx. RM16,000/month
Estimated Annual Rental: Approx. RM192,000/year
Estimated ROI based on asking price: Approximately 6% per annum (subject to tenancy verification).
________________________________________
Lodging Setup (2nd & 3rd Floor)
• 26 rooms (Renovation cost approx. RM300,000)
• Bed provided
• Clothes hanger
• 2 power sockets per room
• Exhaust fan
• Security tag access system
• 24-hour CCTV
• Water heater and water pump in toilets
• Lodging use only (no cooking allowed)
• Well maintained condition
________________________________________
Location
Jalan Wangsa Setia 3, Wangsa Melawati
Established commercial area with consistent rental demand.
________________________________________
Contact for Viewing:
AHMAD GADAFI MD NOR
IQI Realty
0*****
Asking Price: RM3,200,000
________________________________________
Property Details
• 4-Storey Shoplot
• Freehold (Non-Bumi)
• Land Size: 20’ x 65’ (Approx. 1,300 sqft per floor)
• Estimated Total Built-up: ±5,200 sqft
• Individual Title
• Newer phase development
________________________________________
Tenancy & Rental Income
Fully tenanted with diversified rental stream.
Current Estimated Monthly Rental:
• Ground Floor (Restaurant): Approx. RM4,800
• 1st Floor (Office): Approx. RM2,200
• 2nd & 3rd Floors (26 rooms – lodging use):
o Standard Room: RM300 – RM350
o Window Room (6 units): RM380 – RM430
Estimated Lodging Collection: Approx. RM9,000/month
Estimated Total Rental: Approx. RM16,000/month
Estimated Annual Rental: Approx. RM192,000/year
Estimated ROI based on asking price: Approximately 6% per annum (subject to tenancy verification).
________________________________________
Lodging Setup (2nd & 3rd Floor)
• 26 rooms (Renovation cost approx. RM300,000)
• Bed provided
• Clothes hanger
• 2 power sockets per room
• Exhaust fan
• Security tag access system
• 24-hour CCTV
• Water heater and water pump in toilets
• Lodging use only (no cooking allowed)
• Well maintained condition
________________________________________
Location
Jalan Wangsa Setia 3, Wangsa Melawati
Established commercial area with consistent rental demand.
________________________________________
Contact for Viewing:
AHMAD GADAFI MD NOR
IQI Realty
0*****
Common facilities
24-hour security
Parking
Playground
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
FAQs
The selling price is RM 3,200,000.
Jalan Wangsa Perkasa, Taman Wangsa Melawati, Setapak, Kuala Lumpur.
This floor size of this unit is 5,200 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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