Anyone who has had experience in buying a commercial property as an investment can tell that there will be challenges along the way. After going through the entire process until signing on the dotted line, the hassle of securing a tenant comes next. Those who are lucky will manage to rent out the property in a fairly short period of time but this is normally not the case for others.
In recognition of these challenges, IOI Properties Group has recently introduced its first-of-its-kind IOI Buy with Tenant campaign to offer potential investors an easy entry into the commercial property market with the comfort of guaranteed rental return and peace of mind.
“With the IOI Buy with Tenant campaign, investing in a shop or office becomes easy. As the campaign name suggests, all the participating commercial properties are completed and tenanted. This means that when you buy the property, you will take over the existing tenancy agreement and ownership of the property. You will then become an instant landlord and enjoy instant rental income with a yield as high as 6%”, said Nicole Lee, Head of Group Sales, Marketing & Branding.
IOI Properties Group, who also owns and manages IOI City Mall, Malaysia’s largest mall, is armed with years of experience and expertise in property leasing and management. The Group is able to offer some of its matured commercial portfolio in bustling locations such as Puchong and Bangi.
“These are mature townships with vibrant communities, bustling trades and robust economic activities. Investing in these townships, therefore, makes perfect sense because of the ready market and catchment. With the IOI Buy with Tenant campaign, you can look forward to own a tenanted commercial property in an address such as IOI Business Park in Bandar Puchong Jaya at a starting price of RM440,000”, said Nicole.
To make it even more attractive, IOI Properties Group will bear the cost of stamp duty on MOT and legal fees on the Sale and Purchase and loan agreements for all units transacted. Potential investors may also take advantage of the IOI Finance scheme that offers zero-interest repayment for 10 years.
“We are driven by the IOI Properties Group’s vision of Trusted. and our focus on value creation, which is an integral part of our business model. We do not just develop properties, in many instances, we also co-invest. Hence, we have a keen interest to continue to enhance the value of our developments as we bring in quality tenants and a relevant business mix to improve the economic ecosystem, that in turn generates positive returns for property owners who have placed their trust in us”, said Dato’ Voon Tin Yow, CEO of IOI Properties Group.
IOI Buy with Tenant campaign will run from 21 November 2022 to 15 January 2023. Participating properties include IOI Business Park, IOI Boulevard and Skypod Square in Bandar Puchong Jaya, and Enigma Square in Bandar Puteri Bangi.
For more information, please call 03-8060 8833 (Puchong) or 03-8912 3333 (Bangi), visit www.ioiproperties.com.my/buywithtenant or drop by IOI Galleria in Puchong or Bangi.