Petaling Street Market
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur
RM 55,000 /mo
Negotiable10
Baths
10,000
sqft (floor)
480 m (6 mins) from Plaza Rakyat
510 m (6 mins) from Pasar Seni

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About this property
RM1122 Per Room 8-Storey Detached 51 Rooms Main Road Facing New
▸ Prime position in Petaling Street / Chinatown KL, a premier tourism and heritage hotspot
▸ Encircled by Central Market, Merdeka 118, Jalan Sultan, Dataran Merdeka, offices, retail and F&B hubs
▸ Robust catchment from international tourists, backpackers, business travellers and city visitors
▸ MRT Pasar Seni (~3–5 mins walk), LRT Pasar Seni (~3–5 mins), KTM KL (~8–10 mins) with direct access to KL Sentral & KLCC
▸ High footfall area with vibrant day & night activities
▸ Growth driven by Merdeka 118 development and Chinatown rejuvenation
❈ PROPERTY DETAILS
▸ 8-Storey Detached Hotel Building
▸ Built-up: Approx. 10,000 sf
▸ Configuration: 51 fully fitted guest rooms
▸ Tastefully renovated with modern finishes, saving up to RM2.5 million renovation cost
▸ Contemporary boutique-hotel ambience with modern interiors, compact efficient rooms and welcoming reception suited for tourist stays
▸ Asking Rental: RM55,000 per month (No buyover fee required)
▸ Suitable for boutique hotel, budget hotel, backpacker hostel, co-living or short-stay accommodation
❈ INVESTMENT EDGE
▸ Located in high footfall tourist zone with strong occupancy demand
▸ No buyover fee – immediate operational advantage
▸ Strong demand from international and domestic tourism
▸ Strategic city-centre asset with excellent connectivity
❈ DISCLAIMER
Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
Common facilities
Cafe
Eateries
Retail stores
Petaling Street Market
Petaling Street Market or also known as Petaling Street is a freehold shop development. The development is located at Jalan Petaling in KLCC, Kuala Lumpur. Petaling Street Market is close to Kuala Lumpur city centre as tenants can get there in 5 to 10 minutes via Jalan Tun Tan Cheng Lock. Petaling Street Market is easily accessible through several major highways. Petaling Street Market is only 15 to 20 minutes away from Pudu via Jalan San Peng and Jalan Pudu. The closest public transport to Petaling Street Market is Serdang KTM station, MRT Merdeka, Monorail Maharajalela, LRT Masjid Jamek, and LRT Plaza Rakyat. Tenants and visitors can also locate several bus stops close by. The closest are located at Kotaraya, Hab Medan Pasar, Central Market, Menara Olympia and Pudu Sentral. There are several other amenities in the surrounding area as well such as schools, supermarkets, restaurants and many more. The closest schools to Petaling Street Market are Advance Tertiary College, Asia E University, Bandar Vollege, SM Stella Maris and SMJK Confucian. The closest supermarkets are Speedmart 99, KK Supermart, Family Convenient Store, Mydin Kotaraya and Pasara Mini Superimas. There are also some pharmacies nearby in case of medical emergency such as Guardian, Bio-Care Sdn bhd, Soon Hing Cheong, Farmasi M.S Ally and Jolly Pharmacy. The closest movie theatres to Petaling Street Market are Lotus Five Star Cinemas and LFC Cinema @ Coliseum. The shop development has a number of facilities that tenants and customers can make use of. Among the facilities available are cafes, eateries, restaurants and mini-marts in the surrounding area of Petaling Street Market. There is also a community plaza in the area that people can go to as well. The sale price for the units in Petaling Street Market ranges between RM 7,200,000 to RM 19,000,000. Petaling Street Market is a leasehold shop-office that is surrounded by established and populous neighbourhoods. There are a variety of sizing of the units available in Petaling Street Market. The size for the units averages at 1,400 square feet. Tenants can choose the ones they prefer the most and look into purchasing it. Petaling Street Market is located close to residential areas in KL City. Most of the residential developments in this area are low cost and affordable. Among the closest residential development tenants can check out are 231 TR, 1A Stonor and 188 Suites (Fraser Residence). There is luxury residential development as well such as Axon Bukit Bintang, Aria Luxury Residence, KLCC, St Mary Residences, Banyan Tree @ Pavilion, Stonor 3 @ KLCC and Marc Residence.
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