6 Commercial Properties for Sale at Southgate Commercial Centre

Updated: 21st May 2021 Southgate Commercial Centre is a freehold development project by Mah Sing Group Bhd located along the prime Jalan Sungai Besi in Sungai Besi, Kuala Lumpur. Launched in 2008, Southgate Commercial Centre was completed around 2011, built on a 1.92 ha freehold land as an integrated commercial and leisure hub, housing 226 standard and duplex office suites as well as 64 units of retail lots. Southgate Commercial Centre was Mah Sing’s first venture into a commercial centre, comprising a mixture of office suites and retail lots. Despite being the developer’s first venture, it was beautifully and trendily done with cutting edge infrastructure while its strategic location gave extensive visibility and ready catchment from the enormous passing traffic daily, and such a dynamic environment is essentially what every business needs. Located right across Wisma Mah Sing and next to the Volkswagen Showroom, Southgate Commercial Centre is surrounded by automotive industry businesses and there is a large catchment reigning daily from this exciting business area, especially to the F&B outlets within the commercial centre. Located at the southern gateway of KL city, Southgate Commercial Centre is less than 5 km away (ie. approximately 5 minutes’ drive away) from the city centre. Granted excellent accessibility to major roads and highways, some of the main roads and highways include Jalan Tun Razak, Jalan Dua, Jalan Chan Sow Lin, Jalan Loke Yew, Besraya Eastern Extension Expressway (BEE), SMART Tunnel and Mahameru Highway. The nearest train stations are Chan Sow Lin LRT station on the STAR line located about 12 minutes’ walk away meanwhile the said area is mainly served by the RapidKL buses with the nearest bus stop located right at the doorstep. Made up of five (5) different blocks namely the Corporate, Apex, Vertex, Vivo and the Vox, the Corporate block is where all the office suites are with the remaining (Apex, Vertex, Vivo, Vox) blocks house merely retail lots. There are a total 226 office suites within the corporate block coming in the form of standard or duplex suites, while the 64 retail lots spread across the remaining 4 blocks. Most common areas are covered with high speed wireless internet hotspots and security wise, there are 24-hour security patrols with CCTV surveillance and entry point lift access system.Within the area, there are a number of educational institutions, ranging from primary, secondary to tertiary. These include SJK (C) Sam Yoke, SK (P) Pudu, SMK Dato 'Onn, Edufly College, Imperium International College and Reliance College. All these schools and colleges are within 5 minutes’ driving distance from Southgate Commercial Centre. There are quite a number of medical centres and hospitals located within a short driving distance from Southgate Commercial Centre with the nearest one being Sunway Medical Centre Velocity (SMCV) located within 5 minutes’ drive away. Surrounding the area are a number of well-established malls, and one of them is Sunway Velocity Mall located about 5 minutes’ drive away, featuring 1.4 million square feet lifestyle shopping mall and 6-storey retail podium comprising approximately 550 shops. Besides that, other malls nearby include Aeon Maluri, IKEA Cheras, MyTown Shopping Centre, Metromall and Viva Shopping Mall. Sungai Besi is one of the areas where there is a widespread number of restaurants and eateries to choose from. Whether it is rain or shine, these are some of the places worth exploring. Started off as a plastics trading firm in 1965, Mah Sing Group Berhad is one of the largest leading property development companies in Malaysia today. First listed on the Kuala Lumpur Stock Exchange (KLSE) Second Board under the industrial sector back in 1992, the company ventured into property development in 1994 with its first project in Ulu Yam comprising single-storey link houses. With its tremendous growth and development, the Group was transferred to the Main Board of Bursa Malaysia soon after in 2004 and launched its largest township by acreage, spanning across a whopping 1,313 acres in Meridin East Iskandar Malaysia, Johor in 2016. The project was launched with a selling price from RM550 psf for its office suites and from RM1,100 for its retail lots. As of Q2 2021, its office suites are listed at prices ranging between RM465,000 to RM750,000, which gives an average list price of RM750 psf (approximately 36% appreciation since launched) while its retail lots are listed at prices ranging between RM2.16mil to RM3.24mil, averaging RM1,750 psf (approximately 59% appreciation since launched). If you are interested in other projects within the same price range, check out this list of properties.Located at the prime and strategic location that warrants high visibility furnishes business owners with ready catchment hence it is particularly ideal for sale and for rent to F&B and retail businesses that attract crowds and surrounding worker groups. In addition there are several residences encompassing the area which provide a good mix of population which is an added plus point for the commercial centre. Nonetheless the resulting downside of Jalan Sungai Besi being its congested traffic issue of which can be mitigated by the Chan Sow Lin MRT station located within a short walk distance.