9
Sungai Penchala, Kuala Lumpur
RM 15,000,000Hotel / Resort For Sale
, posted 10 hours ago
87,120
sq.ft
Description
Redevelopment And or Land Banking Opportunity Sungai Penchala, KL
FOR SALE – REDEVELOPMENT OPPORTUNITY
Sungai Penchala, Kuala Lumpur
A rare opportunity to acquire a substantial land parcel with existing rental income, strategically positioned within the mature and highly sought-after Sungai Penchala / Bukit Lanjan growth corridor.
Property Details
Land Area : Approx. 2 Acres
Tenure : Freehold (subject to title verification)
Current Development :
Two blocks of apartment buildings
One bungalow
Several townhouse units
Total Existing Units : Approximately 50 units
Current Status :
Fully tenanted with recurring rental income.
Existing buildings are without Certificate of Fitness (CF).
Development Potential
This property is best suited for developers and investors seeking a redevelopment or land banking opportunity.
Potential future concepts include:
High-rise residential development
Gated & guarded landed community
Boutique serviced residences
Mixed residential development
Strategic land bank within Kuala Lumpur
Purchaser may opt to retain the existing rental yield temporarily before proceeding with redevelopment.
Price
Current Asking Price : RM15,000,000 Nett
(Reduced from RM20,000,000 for immediate disposal.)
Location
Sungai Penchala, Kuala Lumpur
Excellent connectivity to:
Bukit Lanjan
Damansara Perdana
TTDI
Desa ParkCity
DASH Highway
LDP Highway
SPRINT Highway
DUKE Highway
Serious buyer welcome for viewing.
Liana Sofea
PEA2361
IQI Putrajaya
https://wasap.irealty.my/liana
kmlkze
Sungai Penchala, Kuala Lumpur
A rare opportunity to acquire a substantial land parcel with existing rental income, strategically positioned within the mature and highly sought-after Sungai Penchala / Bukit Lanjan growth corridor.
Property Details
Land Area : Approx. 2 Acres
Tenure : Freehold (subject to title verification)
Current Development :
Two blocks of apartment buildings
One bungalow
Several townhouse units
Total Existing Units : Approximately 50 units
Current Status :
Fully tenanted with recurring rental income.
Existing buildings are without Certificate of Fitness (CF).
Development Potential
This property is best suited for developers and investors seeking a redevelopment or land banking opportunity.
Potential future concepts include:
High-rise residential development
Gated & guarded landed community
Boutique serviced residences
Mixed residential development
Strategic land bank within Kuala Lumpur
Purchaser may opt to retain the existing rental yield temporarily before proceeding with redevelopment.
Price
Current Asking Price : RM15,000,000 Nett
(Reduced from RM20,000,000 for immediate disposal.)
Location
Sungai Penchala, Kuala Lumpur
Excellent connectivity to:
Bukit Lanjan
Damansara Perdana
TTDI
Desa ParkCity
DASH Highway
LDP Highway
SPRINT Highway
DUKE Highway
Serious buyer welcome for viewing.
Liana Sofea
PEA2361
IQI Putrajaya
https://wasap.irealty.my/liana
kmlkze
Property Details
Property Type
Hotel / Resort
Tenure Type
Freehold
Land Title
Non Bumi Lot
Property agent
IQI REALTY SDN. BHD.
Firm: E - 11584, REN 11734
All ads from this advertiser (94 For Sale, 34 For Rent)
Mortgage Estimation
RM 62,904
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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