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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 7:25 PM Asia / Kuala Lumpur
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 50 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.

Recent Activity
  • Earlier than 15 days
    M&A Business Broker, São Paulo, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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