Cheras Freehold Shopping Mall Selling Below Market 1
11

Cheras, Kuala Lumpur

RM 130,000,000

Hotel / Resort For Sale

, posted 1 week ago
RM 130,000,000Cheras, Kuala Lumpur
PhotoCrop

600,000

 sq.ft

Description

Cheras Freehold Shopping Mall Selling Below Market

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.



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



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



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



For more information or to arrange a private discussion, please contact:

Eddy

Property Details

Property Type

Hotel / Resort

Tenure Type

Freehold

Land Title

Non Bumi Lot

Facilities

Parking

Security

Lift

Property agent

WINPROP REALTY SDN BHD

Firm: E - 12012, REN 01085

All ads from this advertiser (37 For Sale, 12 For Rent)

Mortgage Estimation

RM 518,046

Estimated monthly installment (Interest rate 4.0%)

* 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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