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Shopping Mall Assets for Sale in Kuala Lumpur, Malaysia

For Sale: Shopping mall with development order of serviced apartments located in a premium location.

Ownership Duration 20-30 year(s)
Industries Shopping Malls
Locations  Kuala Lumpur
Local Time 10:02 PM Asia / Kuala Lumpur
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 55 million (Native Currency: MYR 230,000,000)
Reason: The project is in liquidation, the property is owned by a corporate firm at the moment as they have ... View More
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Assets Description

- Shopping mall located in a mature township, around 10km from Kuala Lumpur City Centre.

- It is 50% operational at the moment and is occupied by an individual business operator and a Korean mini market.

- The total size of the property is 600,000 square feet which is spread across six floors, both land and building are included for sale under this transaction.

- This property is approved by the state authority for development of serviced apartments. Hence, the project can be converted to the business model of serviced apartments as well.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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