35% Below Market Value | 5-Storey Shoplot | Kampung Air | FOR SALE 1
3

Kota Kinabalu, Sabah

RM 3,888,000

Shop lot For Sale

, posted 2 weeks ago
RM 3,888,000Kota Kinabalu, Sabah
PhotoCrop

6,000

ย sq.ft

Description

35% Below Market Value | 5-Storey Shoplot | Kampung Air | FOR SALE

Urgent Sale | 35% Below Market Value | Rare Item | Facing Mainroad | High Exposure

๐Ÿข 5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre
๐Ÿ“ Super prime location ยท High foot traffic ยท Surrounded by hotels, eateries & retail

๐Ÿ’ฐ Internal Price: RM3,888,000
๐Ÿฌ 5-storey building (approx. 1,200 sq.ft per floor)
๐Ÿ“‰ 35% below bank valuation
โณ Leasehold balance approx. 30+ years (extension possible)

โœจ Current Tenancy & Potential
๐Ÿ”น Ground floor rented to massage centre โ€“ RM6,000/month
๐Ÿ”น 2ndโ€“5th floors rented to Bilixewa long-term tenant โ€“ RM6,000/month
๐Ÿ’ต Total rental income: RM12,000/month (steady cash flow)

But the true value isnโ€™t just the rental โ€” itโ€™s the opportunity๐Ÿ‘‡
โœ… Rare full block in KK city centre
โœ… Priced one-third below market value
โœ… Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business
โœ… Not listed publicly โ€“ internal sale only

๐Ÿ’ก Note
Buyer to allocate around RM150,000 for lease extension โ€” can renew now or later (around 10 years).

๐Ÿ‘ค Reason for Sale
Owners are elderly and no longer wish to manage the property, hence decided to sell internally.

๐Ÿ“Œ KK City Centre + 35% Below Market = Rare Opportunity
For serious buyers who understand location value. ๐Ÿ”’
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

๐Ÿ“ฒ Your Appointed Property Negotiator
Contact me now for more info or to arrange a viewing!
www.wasap.my/6/kampungairshoplot3.888mil

Annie Hee
REN 46494
+6
The Roof Realty Sdn Bhd
2 (1147810-W)

Property Details

Property Type

Shop lot

Tenure Type

Leasehold

Land Title

Non Bumi Lot

https://cdn.rnudah.com/image_logo/plain/db3f0c19ffa777d473a18b2fd1951800-2941787474843113736.jpg
Property agent

THE ROOF REALTY SDN BHD

Firm: E - 11605, REN 46494

All ads from this advertiser (38 For Sale, 6 For Rent)

Mortgage Estimation

RM 16,305

Estimated monthly installment (Interest rate 3.8%)

โš ๏ธ This is for reference only and is not a quote. Results vary according to different financial institutions. Mudah.my doesn't guarantee it's accuracy or applicability to your circumstances.

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