Ipoh, Perak

Ipoh Old Town Concubine Lane 2.5 Storey Shoplot

Asking Price: RM1,280,000

“Owners welcome to list”

Overview:
This freehold 2.5-storey heritage shoplot presents a rare opportunity to acquire a sizeable commercial property in the heart of Ipoh's thriving Old Town district. Its strategic position near Concubine Lane, strong road frontage, tourism-driven surroundings, and flexible commercial usage make it ideal for both owner-occupiers and investors seeking rental income and long-term capital appreciation.

Property Details:
Freehold
Built Up: 5700 sq ft
Land Area: 20 x 110 (2200 sq ft)
Non Bumi Lot
Gross Rental Yield: 4.9% – 7.5%

Investment Highlights
✅ Prime Ipoh Old Town heritage location
✅ Walking distance to major tourist attractions
✅ Strong visibility along a main road frontage
✅ Freehold commercial title
✅ Suitable for cafe, boutique hotel, hostel, retail, gallery, restaurant or office use
✅ Consistent tourist footfall throughout the year
✅ Attractive entry price for a heritage commercial asset
✅ Potential for value appreciation driven by tourism growth and urban revitalisation initiatives

Suitable For
✅ Cash-rich investors seeking long-term appreciation
✅ Boutique hotel operators
✅ F&B entrepreneurs
✅ Investors looking for a tourism-related asset
✅ Buyers comfortable with renovation projects

Nearby Amenities
Tourism & Attractions
• Concubine Lane
• Han Chin Pet Soo Museum
• Birch Memorial Clock Tower
• Ipoh Heritage Trail
• Kong Heng Square
Food & Beverage
• Famous Old Town coffee shops
• Local eateries and cafés
• Boutique restaurants
• Tourist-focused dining outlets

Commercial Facilities
• Banks and financial institutions
• Convenience stores
• Retail outlets
• Professional offices
• Hotels and boutique accommodations

Road Network
Excellent connectivity via:
• Jalan Sultan Idris Shah
• Jalan Bandar Timah
• Jalan Panglima Bukit Gantang Wahab
• Jalan Tun Sambanthan
• Jalan Raja Musa Aziz

Public Transportation
• Approximately 5 minutes to Ipoh Railway Station
• Taxi and e-hailing services readily available
• Easy access to local bus routes

Connectivity
• Approximately 10 minutes to North-South Expressway access
• Approximately 15 minutes to Sultan Azlan Shah Airport

Allan Tilay, MBA
Snr REN 43090
CiD Realtors Sdn Bhd
HP: Show contact number