Kampung Air, Kota Kinabalu

Kota Kinabalu, Sabah

RM 3,888,000


Bath

0

Bath

sqft (floor)

6,000

sqft (floor)

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RM 648

psf (floor)


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Photos

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Map View

Property details

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Shop / Office for sale
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Partially fitted
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Leasehold
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Listed on 6 Nov 2025
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Listing ID - 500338056
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6,000 sqft floor area

About this property

35% Below Market Value Kampung Air 5-Storey Shoplot For Sale

Urgent Sale | 35% Below Market Value | Rare Item | Facing Mainroad | High Exposure

5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre
Super prime location · High foot traffic · Surrounded by hotels, eateries & retail

Internal Price: RM3,888,000
5-storey building (approx. 1,200 sq.ft per floor)
35% below bank valuation
Leasehold balance approx. 30+ years (extension possible)

* Current Tenancy & Potential
- Ground floor rented to massage centre – RM6,000/month
- 2nd–5th floors rented to Bilixewa long-term tenant – RM6,000/month
- Total rental income: RM12,000/month (steady cash flow)

But the true value isn’t just the rental — it’s the opportunity
~ Rare full block in KK city centre
~ Priced one-third below market value
~ Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business
~ Not listed publicly – internal sale only

* Note
Buyer to allocate around RM150,000 for lease extension — can renew now or later (around 10 years).

* Reason for Sale
Owners are elderly and no longer wish to manage the property, hence decided to sell internally.

* KK City Centre + 35% Below Market = Rare Opportunity
For serious buyers who understand location value.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Your Appointed Property Negotiator
Contact me now for more info or to arrange a viewing!
www.w*****

Annie Hee
REN 46494
+6*****
The Roof Realty Sdn Bhd
2***** 147810-W)
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FAQs
The unit for sale in Kota Kinabalu, Sabah is RM 3,888,000.
No.
Kota Kinabalu, Sabah.
The estimated loan repayment amount is RM 16,705 / mo.