Iskandar Puteri, Johor Bahru ⭐ High ROI ⭐ 3 Adjoining 3 Storey Lots ⭐ Freehold ⭐ RM458 psf ⭐

Description
Near Legoland – Horizon Hills – Singapore 2nd Link – Strong ROI 5.89% ❈ LOCATION HIGHLIGHTS ▸ Strategically located in Nusa Sentral, Iskandar Puteri – A fast-growing township within Johor’s premier development corridor ▸ Next to Horizon Hills – One of Johor Bahru’s most prestigious gated & guarded residential enclaves ▸ 5 min to Stadium Sultan Ibrahim (major event & tourism driver) ▸ 8 min to Columbia Asia Hospital Iskandar Puteri ▸ 10 min to Legoland Malaysia, Educity & premium international schools ▸ 23 min to Malaysia–Singapore Second Link (Tuass CIQ) ▸ Surrounding Amenities – Near EcoBotanic, Gleneagles Hospital, Sunway Citrine Hub, X-Park, government agencies & various established neighbourhoods ▸ Strong Catchment Strength – Supported by families, professionals, students, tourists, industrial workforce, and Singapore–Malaysia cross-border crowd ▸ Future Development Trends – Benefiting from continuous Iskandar Puteri expansion, rising population inflow, new commercial hubs, Singapore-linked demand ❈ PROPERTY DETAILS ▸ Boutique Hotel – 3 adjoining 3-storey lots ▸ Land Area: approx. 5,280 sf ▸ Built-Up: approx. 12,672 sf (≈ RM458 psf) ▸ Configuration: 48 fully fitted ensuite rooms (~RM132k per room) ▸ Condition: Tastefully renovated with modern hotel-standard finishes – save up to RM2.5 million in renovation cost ▸ Investment Performance: ROI approx. 5.89% based on RM5.8 million asking price ▸ Additional Upside: Potential for further room optimization, F&B concept addition, or rental rate enhancement ❈ INVESTMENT EDGE / ADVANTAGES ▸ Rare boutique hotel within booming Iskandar Puteri corridor ▸ Surrounded by high-income residents, strong tourist flow & major attractions ▸ Positioned for long-term appreciation with continuous regional development ▸ Renovated asset — significant capex saved ▸ Multiple future value-add options for higher yield ❈ DISCLAIMER Content & photos may differ from reality, safeguarding the privacy of owner & tenant. Arrange an in-person viewing for accurate assessment of the property.
Location
79100, Johor, Malaysia
Listed By
Seamus Kor
Premium Property Specialist
Property Details
RM 5800000.00
Commercial, Hotel / Resort
46
Bedrooms
46
Bathrooms
12600
Built-up (sq.ft.)
5280
Land (sq.ft.)
0
Car Parks
