Office

16-Storey Office Building along Jalan Tun Razak

Kuala Lumpur, Malaysia
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1998
Tenure Type Freehold
Building Area
Land Area ()

Property Description

JLL has been exclusively appointed to facilitate in the sale of a 16-storey office building located along Jalan Tun Razak. The subject property is 3km away from Petronas Twin Towers, the tallest twin towers in the world. It is located next to the future CBD of Kuala Lumpur, Tun Razak Exchange. It is conveniently located within walking distance to MRT 1 & MRT 2 Stations. The subject property is suitable for value-add investors to enhance the property.

Investment Highlights

  • Prominent location; within 3km away from KLCC
  • Close proximity to TRX development, which is set to become a leading centre for international finance and business in Malaysia
  • Excellent frontage onto Jalan Tun Razak
  • Conveniently located within 5 minutes walking distance to Tun Razak Exchange MRT1 and future MRT2 interchange station
  • Surrounded by various multinational companies, embassies and retail
  • Road infrastructure upgrades along Jalan Tun Razak are underway
  • Value-add opportunity: Due to its proximity to TRX development, infrastructure upgrades or conversion into alternative asset will result in better yield and return
Last Updated Date: 02 Dec 2020
Janice Chin
Janice Chin
Capital Markets (Office, Retail Malls, Hotels)
Ethan Lee
Producer, Capital Markets Transactions
Last Updated Date: 02 Dec 2020

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