Rare investment opportunity | 94- room freehold hotel Chow Kit KL 1
20

City Centre, Kuala Lumpur

RM 52,000,000

Hotel / Resort For Sale

, posted 4 days ago
RM 52,000,000City Centre, Kuala Lumpur
PhotoCrop

83,074

 sq.ft

Description

Rare investment opportunity | 94- room freehold hotel Chow Kit KL

FREEHOLD 94-ROOM HOTEL FOR SALE – JALAN TIONG NAM, CHOW KIT, KUALA LUMPUR
Asking Price: RM52,000,000 ( Negotiation )

A rare opportunity to acquire a substantial freehold hotel property in the established Chow Kit / Jalan Tiong Nam area of Kuala Lumpur.

The property comprises approximately 17,600 sq ft of land with approximately 83,074 sq ft of built-up area, offering an attractive combination of an existing hotel asset and potential long-term redevelopment value.

Property Highlights
Freehold
Land size: approximately 17,600 sq ft
Built-up area: approximately 83,074 sq ft
94 rooms
Meeting room - 200 -250 pax
Approximately 5 levels + rooftop
Approximately 41 car park spaces
Ground-floor commercial/retail components
Restaurant facilities
Fully fitted hotel building
Strategic location in Chow Kit / Jalan Tiong Nam
Excellent accessibility to major roads and public transportation
Suitable for hotel investment, income generation or potential redevelopment, subject to relevant approvals
Strategic Location
The property is strategically located within the established Chow Kit commercial and hospitality district, with convenient access to:

Chow Kit Market
Sunway Putra Mall
World Trade Centre Kuala Lumpur (WTCKL)
Jalan Raja Laut
Jalan Sultan Ismail
Sultan Ismail LRT Station
Major commercial and business areas of Kuala Lumpur
Investment Opportunity
With its large freehold land parcel, substantial built-up area and existing hotel infrastructure, this property presents an opportunity for investors looking for a sizeable hospitality asset in central Kuala Lumpur.

The property may be suitable for:

Hotel investment
Hospitality operation
Long-term rental investment
Asset repositioning
Refurbishment and rebranding
Potential redevelopment, subject to planning and authority approvals
Asking Price: RM52,000,000

Serious investors are welcome to arrange a viewing and conduct further due diligence.

For further information, detailed property particulars and viewing arrangements, please contact the appointed agent.

Property Details

Property Type

Hotel / Resort

Tenure Type

Freehold

Land Title

Non Bumi Lot

Facilities

Parking

Security

Lift

Gymnasium

Minimart

Multipurpose hall

Club house

Property agent

Skyprop Real Estate

Firm: E - 31334, REN 38520

All ads from this advertiser (7 For Sale)

Mortgage Estimation

RM 218,068

Estimated monthly installment (Interest rate 3.8%)

⚠️ 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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