Jalan Tiong Nam
Jalan Tiong Name, Kuala Lumpur
RM 48,000,000
Negotiable
10
Baths
25,000
sqft (floor)
RM 1,920.00
psf (floor)
260 m (3 mins) from Chow Kit
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About this property
Operating Hotel for Sale on Jalan Tiong Nam Kuala Lumpur
A SPACIOUS HOTEL IN CHOW KIT, READY TO OPERATE
Jalan Tiong Nam, near Jalan Raja Laut, 50350 Kuala Lumpur
Kingston Hotel (formerly Hotel Club Dolphin) is a well-established, lift-served hotel of about [94] rooms in one of Kuala Lumpur's busiest budget-hospitality districts. Buyers acquire a fully built hotel with its facilities in place, rather than a shell to fit out.
THE INVESTMENT HIGHLIGHTS
Scale: 94 rooms in a single building, which supports lower operating cost per room than smaller properties
Facilities in place: restaurant, bar and lounge, conference space, fitness centre and lift access
Multiple revenue lines: room revenue, F&B, and meeting and event hire
[Freehold] tenure: no lease to renew and no lease-end value erosion
Vacant possession or hotel sold as a going concern: [state which]
THE LOCATION
Chow Kit is a well-known accommodation and retail address in Kuala Lumpur, with steady footfall from tourists, business travellers and the surrounding wholesale and retail trade. The hotel is off Jalan Raja Laut, close to Jalan Tuanku Abdul Rahman, SOGO and Pertama Complex, with Sultan Ismail and Chow Kit rail stations nearby and quick access to the Golden Triangle, KLCC and Bukit Bintang.
BUYER OPPORTUNITIES
Hotel groups and operators looking to add keys in central KL, and investors seeking a large freehold hospitality asset. The building can also be repositioned, for example as a rebranded hotel or co-living, subject to approvals.
Jalan Tiong Nam, off Jalan Raja Laut, 50350 Kuala Lumpur
Tenure: [Freehold]
Rooms: [94]
Available on request: as-built drawings, room mix and financial summary (under NDA)
Jalan Tiong Nam, near Jalan Raja Laut, 50350 Kuala Lumpur
Kingston Hotel (formerly Hotel Club Dolphin) is a well-established, lift-served hotel of about [94] rooms in one of Kuala Lumpur's busiest budget-hospitality districts. Buyers acquire a fully built hotel with its facilities in place, rather than a shell to fit out.
THE INVESTMENT HIGHLIGHTS
Scale: 94 rooms in a single building, which supports lower operating cost per room than smaller properties
Facilities in place: restaurant, bar and lounge, conference space, fitness centre and lift access
Multiple revenue lines: room revenue, F&B, and meeting and event hire
[Freehold] tenure: no lease to renew and no lease-end value erosion
Vacant possession or hotel sold as a going concern: [state which]
THE LOCATION
Chow Kit is a well-known accommodation and retail address in Kuala Lumpur, with steady footfall from tourists, business travellers and the surrounding wholesale and retail trade. The hotel is off Jalan Raja Laut, close to Jalan Tuanku Abdul Rahman, SOGO and Pertama Complex, with Sultan Ismail and Chow Kit rail stations nearby and quick access to the Golden Triangle, KLCC and Bukit Bintang.
BUYER OPPORTUNITIES
Hotel groups and operators looking to add keys in central KL, and investors seeking a large freehold hospitality asset. The building can also be repositioned, for example as a rebranded hotel or co-living, subject to approvals.
Jalan Tiong Nam, off Jalan Raja Laut, 50350 Kuala Lumpur
Tenure: [Freehold]
Rooms: [94]
Available on request: as-built drawings, room mix and financial summary (under NDA)
Common facilities
24 hours security
Gymnasium room
Swimming pool
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
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Downpayment
RM 0 Loan amount at 0% Loan-to-value
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FAQs
The unit for sale in Kuala Lumpur, Kuala Lumpur is RM 48,000,000.
Yes (24 hours security).
Jalan Tiong Name, Kuala Lumpur.
The estimated loan repayment amount is RM 206,243 / mo.
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