Vervea 3 Storey Shoplot Facing IKEA Main Road Lift 4.3% ROI Below MV

Batu Kawan, Penang

RM 1,500,000

View to Offer

Baths

2

Baths

sqft (floor)

3,850

sqft (floor)

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RM 390

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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Bare
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Freehold tenure
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Listed on 19 Mar 2026
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Listing ID - 500932189
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3,850 sqft floor area

About this property

Vervea Batu Kawan 3 Storey Shoplot Facing Ikea Main Road below MV

Vervea Batu Kawan 3-storey shoplot for sale. Strategically located fronting main road and directly facing IKEA, offering strong visibility and high traffic exposure.

Selling Price: RM1.5mil (nett)

Property Details:
3-storey commercial shoplot with lift
Size: 22’ x 75’
Built-up: approx. 3,850 sqft
Main road frontage
Selling with existing tenancy

Rental Details:
Ground Floor: RM2,700
1st Floor: RM1,900
2nd Floor: Vacant (est. RM800)
Total potential rental: RM5,400/month
Estimated annual: RM64,800
Approx. 4.3% yield
Indicative market value: RM1.65mil – RM1.9mil

Key Highlights:
Below market value
Facing IKEA Batu Kawan
High exposure commercial hotspot
Immediate rental income with upside potential

Suitable for investors or own business use

For more information or viewing arrangement
Chloe Ang
Property Consultant | Penang

WhatsApp: 0*1*1*3*6*3*2**8*9*8*2*
Instagram & Facebook: chloeang.property
XHS: 小红说房 · 槟城房产顾问
Amenities
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Security guard

Common facilities
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24 hours security

Estimated mortgage
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RM 0 Interest
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RM 0 Loan amount at 0% Loan-to-value

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FAQs
The unit for sale in Batu Kawan, Penang is RM 1,500,000.
Yes (Security Guard).
Batu Kawan, Penang.
The estimated loan repayment amount is RM 6,445 / mo.
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