Jalan Alam Jaya 15
Jalan Alam Jaya 15, Taman Alam Jaya, Cheras, Selangor
RM 7,600,000
Negotiable
8
Baths
26,400
sqft (floor)
RM 288
psf (floor)
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Property details
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About this property
En Bloc: 4 Connected Freehold Shophouses with Main Road Exposure
An outstanding opportunity to secure four (4) connected 4-storey shophouses situated in the vibrant commercial center of Taman Alam Jaya, Cheras (8th Mile). With prime main road visibility and significant foot traffic, these freehold properties provide a robust investment return with a reliable, long-term anchor tenant.
Investment Highlights
- Attractive Yield: Produces an ROI of approximately 4.2% based on existing rental income.
- Solid Tenancy: The ground floors and one 1st floor are leased to a well-known supermarket (tenant for over a decade with strong business performance).
- Immediate Income: Fully leased with a total monthly rental income of RM 26,850.
- Flexibility: Upper floors are rented with adaptable terms, permitting the new owner to vacate for personal use or renegotiate terms if needed.
Property Details
Tenure: Freehold.
Land Area: 22ft x 75ft per unit.
Building Height: 4 Storeys.
Features: Top floor residence/quarters and rear loading access.
Asking Price
Total Price (4 Units): RM 7,600,000
(Breakdown: RM 1.9 Million per unit)
Investment Highlights
- Attractive Yield: Produces an ROI of approximately 4.2% based on existing rental income.
- Solid Tenancy: The ground floors and one 1st floor are leased to a well-known supermarket (tenant for over a decade with strong business performance).
- Immediate Income: Fully leased with a total monthly rental income of RM 26,850.
- Flexibility: Upper floors are rented with adaptable terms, permitting the new owner to vacate for personal use or renegotiate terms if needed.
Property Details
Tenure: Freehold.
Land Area: 22ft x 75ft per unit.
Building Height: 4 Storeys.
Features: Top floor residence/quarters and rear loading access.
Asking Price
Total Price (4 Units): RM 7,600,000
(Breakdown: RM 1.9 Million per unit)
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
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FAQs
The unit for sale in Taman Alam Jaya, Cheras is RM 7,600,000.
No.
Jalan Alam Jaya 15, Taman Alam Jaya, Cheras, Selangor.
The estimated loan repayment amount is RM 32,655 / mo.
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