Overview
About Property
An outstanding opportunity for property owners / investors
The subject property is a 3,200 sq. ft. rectangular shaped piece of land with potential for redevelopment into commercial space.
It holds a great opportunity for redevelopment into commercial space as it is situated within the part of the Golden Triangle of Kuala Lumpur that is undergoing rejuvenation with the opening of the MRT station in Bukit Bintang. The attractiveness of the Subject Property’s strategic location makes redevelopment of the property viable as it not only maximizes the potential of the location but the commercial usage of the Subject Property as well.
Currently there are two 2-storey terrace houses situated on the property converted to a guesthouse.
Aggregate Land Area
Approximately 1,600 sq.ft. per unit
Total Land Area for 2 units = 3,200 sq.ft.
Planning Permission
The Subject Property is designated for “Commercial” use under the Kuala Lumpur City Plan 2020.
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