Chow Kit
Chow Kit, KL City Centre, Kuala Lumpur
RM 5,500,000
Negotiable
10
Baths
9,560
sqft
RM 575.31
psf
420 m (5 mins) from Masjid Jamek
820 m (10 mins) from Bank Negara
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About this property
ROI 5.45% - 5-Story Freehold - 37 Rooms - Earning RM25k / Month!
❈ LOCATION HIGHLIGHTS
▸ Prime area in Chow Kit / Jalan TAR, a bustling commercial & tourism center in KL
▸ Enveloped by SOGO, Quill City Mall, Jalan TAR shopping district, hotels, offices, and wholesale markets
▸ Proximity to Hospital Kuala Lumpur (HKL), government offices, Medan Tuanku, and KL city attractions
▸ Strong influx from tourists, business travelers, shoppers, healthcare visitors, and urban workforce
▸ Monorail Chow Kit / Medan Tuanku (~3–5 mins walk) ensuring connectivity to KL Sentral & Bukit Bintang
▸ Excellent access via Jalan TAR, Jalan Raja Laut, DUKE, and AKLEH
▸ Growth fueled by KL city revitalization, tourism recovery, and transit-oriented developments
❈ PROPERTY DETAILS
▸ 5-Storey Hotel For Sale
▸ Freehold
▸ Land Area: Approx. 1,940 sf
▸ Built-up: Approx. 9,560 sf (RM575 psf)
▸ Configuration: 37 fully fitted guest rooms (~RM157k per room)
▸ Tastefully renovated with modern touches, stylish interiors, and efficient room layouts – saving up to RM1.75 million in renovation costs
▸ Boutique-hotel atmosphere featuring cozy guestrooms, inviting reception area, and practical hospitality setup ideal for city travelers and short-stay guests
▸ Currently tenanted – RM25,000/month (below market, upside potential)
▸ Asking Price: RM5.5 million
▸ ROI: Approx. 5.45%
❈ INVESTMENT EDGE
▸ Strategic freehold hospitality property within high-footfall KL city center
▸ Attractive entry point at ~RM157k per room only
▸ Existing tenancy ensures immediate recurring cash flow
▸ Rental below market with potential for future enhancement
▸ Strong long-term demand backed by tourism, healthcare, and commercial activities
▸ Suitable for boutique hotel, budget hotel, co-living, workforce accommodation, or healthcare stay concept
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
▸ Prime area in Chow Kit / Jalan TAR, a bustling commercial & tourism center in KL
▸ Enveloped by SOGO, Quill City Mall, Jalan TAR shopping district, hotels, offices, and wholesale markets
▸ Proximity to Hospital Kuala Lumpur (HKL), government offices, Medan Tuanku, and KL city attractions
▸ Strong influx from tourists, business travelers, shoppers, healthcare visitors, and urban workforce
▸ Monorail Chow Kit / Medan Tuanku (~3–5 mins walk) ensuring connectivity to KL Sentral & Bukit Bintang
▸ Excellent access via Jalan TAR, Jalan Raja Laut, DUKE, and AKLEH
▸ Growth fueled by KL city revitalization, tourism recovery, and transit-oriented developments
❈ PROPERTY DETAILS
▸ 5-Storey Hotel For Sale
▸ Freehold
▸ Land Area: Approx. 1,940 sf
▸ Built-up: Approx. 9,560 sf (RM575 psf)
▸ Configuration: 37 fully fitted guest rooms (~RM157k per room)
▸ Tastefully renovated with modern touches, stylish interiors, and efficient room layouts – saving up to RM1.75 million in renovation costs
▸ Boutique-hotel atmosphere featuring cozy guestrooms, inviting reception area, and practical hospitality setup ideal for city travelers and short-stay guests
▸ Currently tenanted – RM25,000/month (below market, upside potential)
▸ Asking Price: RM5.5 million
▸ ROI: Approx. 5.45%
❈ INVESTMENT EDGE
▸ Strategic freehold hospitality property within high-footfall KL city center
▸ Attractive entry point at ~RM157k per room only
▸ Existing tenancy ensures immediate recurring cash flow
▸ Rental below market with potential for future enhancement
▸ Strong long-term demand backed by tourism, healthcare, and commercial activities
▸ Suitable for boutique hotel, budget hotel, co-living, workforce accommodation, or healthcare stay concept
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
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The unit for sale in Chow Kit, KL City Centre is RM 5,500,000.
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Chow Kit, KL City Centre, Kuala Lumpur.
The estimated loan repayment amount is RM 23,632 / mo.
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