Prime 999-Year Commercial Building (Hotel + Retail Podium) in Taiping
An exceptional, high-yield commercial investment opportunity is now available in the heart of Taiping’s Central Business District (CBD).
This substantial 6 storey mixed-use development features a retail podium, a 76 room hotel, and dedicated basement parking, making it an ideal asset for institutional buyers, hospitality brands, or healthcare operators.
Property Highlights:
- Rare Tenure: 999-Year Leasehold (855 years remaining) - Total Built-Up Area: Approx. 103,513 sq. ft. - Total Land Size: Approx. 18,011 sq. ft. (10 contiguous lots with individual titles under single ownership) - Structure: Basement parking + Ground floor lobby/F&B + 2 floors of retail + 3 floors of hotel rooms + Roof plant room
Functional Layout & Breakdown:
- Basement: 25 secure car bays & 51 motorcycle lots - Ground Floor: Main lobby with lift access and prime F&B/retail storefronts - 1st & 2nd Floors: Spacious retail levels equipped with lift and escalator access - 3rd to 5th Floors: Dedicated hospitality levels featuring 76 hotel rooms (all with attached bathrooms), a meeting room, and an open terrace - Building Infrastructure: Fitted with escalators, passenger lifts, a dedicated TNB substation, centralized air-conditioning plant, and water management systems
Strategic Location & Proximity:
- Prime Heritage Zone: Situated in a highly visible commercial hotspot within Taiping CBD. - Tourism Footfall: Located within short walking distance of Taiping’s famous heritage attractions and directly adjacent to an iconic historical clock tower landmark. - Accessibility: Excellent transport connectivity with a strong influx of domestic, eco-tourism, and weekend travellers.
Versatile Redevelopment Potential:
- Hospitality: Ideal for immediate rebranding into a boutique heritage hotel, budget transit lodging, or a modern co-living hybrid. - Healthcare & Wellness: Perfectly structured for a senior-living facility, specialist medical center, dialysis clinic, or rehabilitation hub. - Education: Suitable for a city-campus college or TVET training institute with integrated student accommodations on the upper floors. - Corporate / GLC: Excellent for an enterprise training academy, cultural hub, or a public sector one-stop service center.
Asking price : RM20M as per valuation
Serious buyers and corporate entities are invited to inquire for further details and to arrange a private viewing.
Contact our appointed representative today to discuss this premium asset.
Bazzy REN34579 Rahim & Co International Sdn Bhd VEPM(1)0065/16
⚠️ 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.