Section 14, Shah Alam
Seksyen 14, Shah Alam, Selangor
RM 48,000,000
32,561
sqft
RM 1,474.16
psf

Photos

Floor Plan
About this property
Stand-Alone Commercial Building For Sale
16-storey stand-alone purpose-built office building
Property Highlights
- Property: Commercial Building
- Location: Precinct 3.4, Persiaran Perbandaran, Seksyen 14, Shah Alam
- Property Type: 16-storey purpose-built office building
- Basement: 4 levels
- Parking: 174 bays
- Approx. Land Area: 32,561 sq ft
- Approx. Built-Up Area: 229,478 sq ft
- Tenure: Leasehold, expiring May 2100
- Use: Commercial / Office / Institutional, subject to approvals
- Prominent Shah Alam location
- Excellent accessibility and visibility
- Substantial floor plate and overall built-up area
- Suitable for investors, owner-occupiers and corporate users
VALUATION & DISTRESSED SALE
Forecasted Current Market Value: RM65 million
Distressed Sale Price: RM48 million
AN EXCEPTIONAL ACQUISITION OPPORTUNITY
A substantial stand-alone purpose-built office asset offering scale, location, parking capacity and long leasehold tenure, presented at an attractive distressed-sale price of RM48 million.
Serious enquiries from qualified purchasers and investors are welcome.
Estimated mortgage
Section 14, Shah Alam
Section 14, also known as Seksyen 14, is the designated city centre of Shah Alam, Selangor. As a mature and integrated leasehold township, it serves as the administrative hub for the state, featuring a blend of commercial, residential, and civic amenities. This area is characterized by its mix of properties, including condominiums, SOHO units, shop-offices, and various residential buildings, making it a vibrant core for both living and business.Section 14 offers a diverse property market, from high-rise condominiums to commercial shop-offices. Notable integrated developments like Vista Alam provide a mix of residential SOHO and condo units, with built-up areas ranging from 714 sq ft to 1,351 sq ft. The presence of various property types, including apartments and semi-detached houses, caters to a wide range of residents and investors.As the city centre, Section 14 is rich with public facilities and attractions. The headquarters of the Shah Alam City Council (MBSA) are located here. Residents have access to a public library, museum, parks, and the Shah Alam Stadium sports complex.The area is a shopper's paradise, hosting several prominent malls providing a wide array of retail, dining, and entertainment options. A well-known 'Neighbourhood Mall' offering a mix of local and international brands. As the first shopping mall in Shah Alam, it remains a popular destination for fashion, dining, and electronics. One of Shah Alam's largest retail destinations.Section 14 and its surroundings are an educational hub, with numerous institutions from primary to tertiary levels. The area is home to Universiti Teknologi MARA (UiTM) Shah Alam, Management & Science University (MSU), and Universiti Selangor (UNISEL). Other institutions include Dwi Emas International School and Rich Talents International College. Nearby schools include SMK Sultan Salahuddin Abdul Aziz Shah.A comprehensive network of hospitals and specialist clinics serves the community, ensuring access to quality medical care. Located directly within Section 14, offering a wide range of medical services. A dedicated facility also located in Section 14. Situated in the vicinity, providing extensive healthcare services. A major private hospital located in Shah Alam.Section 14 benefits from Shah Alam's robust transportation network, although reliance on private transport is common. Feeder buses connect the area to the LRT network, and the Shah Alam KTM station is a key hub for the KTM Komuter train service. The upcoming Shah Alam LRT line (LRT3), expected to begin operations by March 2025, will further enhance connectivity. The township is well-connected to major cities through an extensive network of highways.
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