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For Sale

Plaza Damas 3

Sri Hartamas, Kuala Lumpur

RM 5,890,000

Property Type

Shop

Listing Type

Sale

Property ID

20180125154320

Listed By

REN: E(1)1670
Agency: Vivahomes Realty (Kota Damansara) (E(3)1353)
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Specifications

Tenure

Freehold

Built Up Area

2950

Bumiputera Lot

No

Furnishing

Partly Furnished

Postcode

50480

Township

Kuala Lumpur

Negotiable

Yes

Title Type

Strata

Land Title Type

Commercial

Occupancy

Tenanted

Direction

Unknown

Unit Type

Intermediate

Floor

Ground Floor

Description

2 adjoining shop @ Plaza Damas 3

This 2-adjoining ground floor is shop is located at Plaza Damas 3. It is located directly opposite of Hartamas Shopping Center and Plaza Damas.

FREEHOLD property with high visibility as these shops are facing Jalan Hartamas 1 main road and Hartamas Shopping Centre. The location is easily access via Jalan Duta & Penchala Link.

This stretch of shop is always fully tenanted as it is facing the major wide road connecting Desa Sri Hartamas to Dutamas.

It is a high-end enclave and plenty of quality spenders passing by every minute. Semi-D houses in the vicinity already cost more than RM4mil per unit.

Facilities and amenities nestling in the vicinity are such as Hartamas Shopping Center, Plaza Damas, Solaris Dutamas, Solaris Mont Kiara. Publika, Desa Sri Hartamas, Plaza Mont Kiara, food and beverages hubs including chic cafes and fine dining, banks, commercial centres as well as medical centre.

Provided with plenty of parking bays available, it has made easy for the tenants to run their business here.

This property is undeniable a good buy for investment as it is currently tenanted to an anchor tenant at RM20,000 per month. The tenant has been renting for the past 6 years and intends to continue for the next 6 years.

The actual market rental is around RM14,000 per unit, so this means it should be renting around RM28,000 if follow today's market.

Selling price is RM5,900,000 and negotiable for genuine prospects. At this rate, the rental yield is currently at 4%. Capital appreciation is expected around 3-5% for 2018 according to property experts.

Perhaps you should call Kayden @ 0123757057 to discuss further.

Loan & Insurance Calculator

Estimates only

Rates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.

10%

Monthly Instalment

-

Loan Amount

-

Total Interest

-

MRTA vs MLTA Comparison

Indicative estimates - actual premiums depend on insurer, health & plan
MRTA MLTA
Estimated Premium - -
Payment One-off (usually financed into loan) Monthly / yearly premium
Coverage Reducing - follows loan balance Level - fixed sum assured
Beneficiary Bank (settles the loan) Family (loan settled, balance to family)
Cash Value None / minimal Yes - may have cash value
Transferable Tied to this loan Portable to next property

All figures are estimates for reference only and do not constitute financial advice. Loan approval, interest rates and insurance premiums vary by bank, insurer, age, health condition and coverage chosen. Please consult your banker or licensed financial adviser for exact quotations.

Nearby Places

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