Permas Jaya, Johor Bahru ⭐ High ROI ⭐ 4sty Corner + Intermediate ⭐ Freehold ⭐ RM638 psf ⭐

Description
ROI 6.07% – 2 Adjoining Lot of Corner & Intermediate – Freehold ❈ LOCATION HIGHLIGHTS ▸ Prime location within Permas Jaya, Johor Bahru, a well-established active township ▸ Surrounded by hotel-supporting amenities such as AEON Permas Jaya, retail shops, banks, offices, eateries & daily conveniences ▸ Close to KPJ Specialist Hospital, clinics, government offices & business areas, supporting steady accommodation demand ▸ Neighbourhood profile: Matured township with stable population and limited new hotel supply ▸ Strong catchment from families, professionals, business travellers, industrial workforce, and domestic tourists ▸ Growth potential supported by Johor Bahru expansion, spillover demand from city hotels, and scarcity of freehold hotel assets ❈ PROPERTY DETAILS ▸ Property type: Shoplot ▸ Tenure: Freehold ▸ Land area: 3,360 sf (2 adjoining lots – corner & intermediate) ▸ Built-up area: Approx. 13,000 sf (approx. RM638 psf) ▸ Floors: 4 storeys ▸ Condition: Well renovated, saving up to RM2.3 million in renovation cost ▸ Current operations: Fully tenanted ▸ Rental income: RM42,000 per month ▸ Asking price: RM8.3 million ▸ ROI / yield: Approx. 6.07% ❈ INVESTMENT EDGE / ADVANTAGES ▸ Strategic location in a matured township with consistent demand ▸ Rare freehold with limited comparable supply ▸ Attractive entry price on per-room and psf basis ▸ Immediate cashflow with minimal CAPEX ▸ Multiple exit and repositioning options ▸ Long-term capital appreciation potential ❈ DISCLAIMER Content & photos may differ. Viewing is recommended for accurate assessment. ❈ PUNCHLINES ▸ Prime Freehold Shop | Matured Township ▸ Fully Tenanted | Immediate Income ▸ Low Entry per Room | Renovation Savings
Location
Permas Jaya, 81750 Masai, Johor, Malaysia
Listed By
Seamus Kor
Premium Property Specialist
Property Details
RM 8300000.00
Commercial, Shop
0
Bedrooms
0
Bathrooms
13000
Built-up (sq.ft.)
0
Car Parks
