CHERAS FREEHOLD SHOPPING MALL FOR SALE | LARGE LAND | FUTURE DEVELOPMENT POTENTIAL | BELOW MARKET
Rare opportunity to acquire a landmark shopping mall in the established Cheras township, strategically surrounded by dense residential and commercial developments. The property offers strong current rental income, high occupancy, and significant upside potential due to its large land size and approved development order.
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Property Details • Location: Cheras • Property Type: Shopping Mall / Retail Investment • Tenure: Freehold • Land Size: Approximately 10 Acres • Building: 2.5 Storeys Shopping Mall • Car Park: Open & Rooftop Car Park • Occupancy Rate: 95% • Status: Fully Tenanted Surrounding Residential & Commercial Area • Landmark Property within Cheras township
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Financial & Development Information • Total Rental Income: Approximately RM15,000,000 per annum • Tenancy: Tenanted with several established anchor tenants • Development Order (DO): Approved • Potential GDV: Approximately RM450,000,000 • Future Potential: Suitable for redevelopment or expansion • Selling Price: RM130,000,000 • Pricing: Below Market Value
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Investment Highlights • Large 10-acre freehold land in mature township • Strong existing rental income • High occupancy rate (95%) • Landmark mall in Cheras area • Significant redevelopment potential (High GDV upside) • Surrounded by dense residential catchment • Suitable for developers, investors, and property funds
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* 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.
* 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.