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: 30 Jul 2020

Janice Chin

Capital Markets (Office, Retail Malls, Hotels)

+85239733932

Ethan Lee

Capital Markets

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Last Updated Date: 30 Jul 2020