Senai Hostel For Sale

A rare opportunity to acquire a fully tenanted workers’ accommodation asset in the established Senai industrial area.

Property Highlights

Existing Workers Hostel
Multiple Corporate Tenants
Fully Operational
Immediate Rental Income
Strategically Located Near Senai Industrial Hub
Suitable for Hostel Operators, Labour Suppliers, Manufacturing Groups & Investors

Accommodation Details

Total Units: 11
Total Capacity: 274 Pax
Occupancy: Currently Occupied
Existing Corporate Tenants

Rental Income
Total Monthly Rental Collection: RM62,465
Annual Rental Income: RM749,580
Tenancy Profile
Majority of tenancy agreements valid until December 2025
Selected units secured until 2026 and 2028
Diversified tenant mix reduces dependency on a single occupier

Investment Highlights
Immediate Cash Flow Asset
Existing Tenant Base
Established Workers Accommodation Operation
Located Within Major Industrial Catchment Area
Close to Senai Airport, Senai Industrial Park, i-Park, SAC and Kulai Industrial Zones
Increasing Demand for Legal Workers Accommodation
Limited New Supply Due to Regulatory Requirements

Asking Price
RM18,000,000

Indicative Yield
Approx. 4.16% Gross Yield Based On Existing Rental Collection

Suitable For
Workers Hostel Operators
Labour Supply Companies
Manufacturing Companies
Institutional Investors
Property Investment Funds