Kenanga Wholesale City, City Centre, RM 6,383
Get Directions HereHang Tuah 5F 555sf, Jalan Kenanga, Kuala Lumpur
BrochureDescription
Kenanga Whole City, Hang Tuan KL City
Good Location,High end place in lower ground ald have tenanted rental is rm10900 tenancy agreement sign in 2years. Have return 6.25% per anmun.
At lower ground 464sf joining lot corner rm2,150,000
Kenenaga Whole City Lower Ground have 2unit
352sf=rm1,654,400
464sf=rm2,150,000 have tenancy rm10900
Kenanga Wholesale City 3floor
369sf=rm1,500,000 not tenancy agreement
534sf=rm2,250,000 not tenancy agreement
Kenanga Wholesale City 5floor
286sf=rm950,000 not tenancy agreement
555sf=rm1,800,000 not tenancy agreement
740sf=rm2,400,000 not tenancy agreement
562sf=rm1,900,000 not tenancy agreement
Kenanga Wholesale city ar 6th floor
640sf=rm2,000,000 not tenancy agreement
534sf=rm1,650,000 not tenancy agreement
Rental at Kenanga Wholesale is
LG per sf rm25.50+ rm1.80=rm27.30 per sf
GF per sf rm26.50+ rm1.80=rm28.30 per sf
1stFlr per sf rm22.50+ rm1.80=rm24.30 per sf
2ndflr per sf rm18.50+ rm1.80=rm20.30 per sf
3rdflr per sf rm17.50+ rm1.80=rm19.30 per sf
3A flr per sf rm16.50+ rm1.80=rm18.30 per sf
5 flr per sf rm15.50+ rm1.80=rm17.30 per sf
6 flr per sf rm14.50+ rm1.80=rm16.30 per sf
7 flr per sf rm13.50+ rm1.80=rm15.30 per sf
OLDTOWN WHITE COFFEE, STARBUCKS COFFEE, BANK CIMB, RHB, HSBC, HLB
Lower Ground LGF:
Food & Beverage, Ladies fashion, men fashion, unisex fashion, banking, courier services, money changers.
Ground Floor:GF
Unisex fashion & branded fashion retailers
Level 1 :
Young ladies fashion & ladies fashion any special business also can any Floor
Level 2 :
Young ladies fashion & ladies fashion
Level 3 :
Ladies fashion, young men & men, unisex fashion, sportswear, undergarments
Level 3A:
Baju kurung, traditional fashion, undergarments, kids wear, pyjamas, ladies and mens fashion, Halal Restaurants
Level 5 :
Baju kurung, traditional fashion, undergarments, kids wear, pyjamas, ladies & mens fashion
Level 6 :
Accessories, bags, costume jewellery, gifts, shoes, souvenirs, home furnishing, toys and more
Level 7 :
Accessories, Food Court
Easy & access and busy up & coming. Next year on march 2011 get cf, start business on September 2011.
At level 2 have 1uint 583sf rm2,215,400 rental rm10900.
Under developer Central Market. Interested please call and good invest property. Next like sungai Wang Plaza property.
Please call to view...Daniel Ho 012-2943338
Please login to my website
dnielho.iagent.my
www.trislow.com
Owner please list any property Rent or Sale to me
(Any Place also can)
Thank for your support.....
An any invester Please sms or email to me and you phone number. I have a lot property have good return. I have under developer property on my hand. On my hand have 3to5 storey shop, Bungalow House, factory Bungalow, Residence land, Condo, Serviced Aparment, Serviced Residence.
Kenanga Whole City, Hang Tuan KL City
Good Location,High end place in lower ground ald have tenanted rental is rm10900 tenancy agreement sign in 2years. Have return 6.25% per anmun.
At lower ground 464sf joining lot corner rm2,150,000
Kenenaga Whole City lower have 2unit
352sf=rm1,654,400
464sf=rm2,150,000 have tenancy rm10900
Easy & access and busy up & coming. Next year on march 2011 get cf, start business on june 2011.
At level 2 have 1uint 583sf rm2,215,400 rental rm10900.
Under developer Central Market. Interested please call and good invest property. Next like sungai wang property.
Please call to view...Daniel Ho 012-2943338
Please login to my website
dnielho.iagent.my
Owner please list any property Rent or Sale to me
(Any Place also can)
Thank for you support.....
An any invester Please sms or email to me and you phone number. I have a lot property have good return. I have under developer property on my hand. On my hand have 3to5 storey shop, Bungalow House, factory Bungalow, Residence land, Condo, Serviced Aparment, Serviced Residence.
Any developer can sms or call email to me. I have group team can do it you are new projet.
Kenanga Wholesale City
Fashion hub gets a makeover
With its well-ordered structure and comprehensive facilities, Kenanga Wholesale City looks set to revolutionise the fashion wholesale industry – and match it with eye-catching investment returns.
“Former downmarket ‘black area’ fetches million-ringgit prices” – it sounds like the stuff of movies. Indeed, the history of the Kenanga area is the envy of many mid- to low-end segments that started off just like it. Threatened with becoming a victim of its own success, however, this South East Asian fashion wholesale hub is undergoing a makeover.
The saviour is Kenanga Wholesale City, a well-ordered RM880 million, 22-storey complex off Jalan Loke Yew. Positioning itself as a one-stop centre, Malaysia’s first wholesale mall brings together an exciting mix of merchandise, including garments, accessories, shoes, gifts, stationery and other lifestyle products. With its GUARANTEED 8% NETT annual rate of return for the first three years, 80% of the freehold lots have already been snapped up.
Skyrocketing value
It wasn’t always this way. In the 1970s, a four-storey shoplot block went for RM190,000, with ground-floor rental from RM700 to RM800. The 1980s saw prices doubling to RM400,000 and ground-floor rental ranging from RM1,000 to RM1,500. With the fashion wholesale industry emerging in the early 1990s, prices soared to RM1 million per block, with ground-floor rental ranging from RM15,000 to RM20,000.
With its well-developed fashion wholesale niche, Kenanga’s ground-floor shoplots today fetch rentals of RM25,000. A whole block fetches a cool sale price of RM3.5 million – if you can even find one for sale. Success has its hiccups however – the area faces perennial traffic jams due to insufficient carparks and loading/unloading bays.
Knight in well-accessorised armour
Kenanga Wholesale City comes as a boon, adding about 800 retail lots sized between 192 sq ft and 1,997sq ft, and priced from RM390,000 to RM5 million. Scheduled for completion by end 2010, it offers a gross built-up area of 1.8 million sq ft and a net lettable area of 500,000 sq ft, on a 3.2-acre site.
Amenities include food outlets, rooftop and event spaces, and business services like money changers, courier services, ATM banking and porter services. The 1,800 carpark bays, loading docks, cargo and passenger lifts, wide walkways, ample escalators, 24-hour security and CCTVs add to efficiency and peace of mind.
Global boost
The Kenanga area now hosts 350-odd fashion wholesale operators who transact about RM2 billion of business annually, 30% for export and 70% for the local market. However, the developer believes that its tenants will double their transactions within a year once Kenanga Wholesale City takes off.
To achieve this, the management is working with the Malaysia Garments Wholesale Merchants Association on overseas promotion efforts, targeting Singapore, South Thailand, Cambodia, the Philippines, Brunei and the Middle East.
Although the wholesale mall concept is new in Malaysia, it has proven successful in hubs like Pratunam Market in Bangkok, Dongdaemun in Korea, Mangga Dua in Jakarta as well as Shenzhen, Shenyang and Shanghai in China.
Hallmark of style and culture
Developer Kenanga Wholesale City Sdn Bhd is a member of an expanding group of companies which includes Daratan Asli Development Sdn Bhd, Central Market Sdn Bhd, Kha Seng Corporation Sdn Bhd and Kha Seng Textiles Sdn Bhd. Its projects include the turnaround of Central Market, which received the 2007 SME Brand Laureate Award in Corporate Branding, and an integrated commercial development along Jalan Loke Yew that includes a shopping mall, high-rise office blocks and a business-class hotel.
Guaranteed returns
Aside from new investors and business operators who previously lacked retail space, Kenanga Wholesale City is also targeted at business owners going global. With 80% to 90% financing, an average monthly instalment of RM5,000 gives you a comfortable, business-friendly environment – an inviting prospect for small/medium-size enterprises.
With the intense demand, interested purchasers should call now to take up the developer’s attractive leaseback option, GUARANTEEING an 8% nett annual rate of return for the first three years with an option to extend for another two years.
Property Details
- QuikPro No:UP1085119
- Property Type:Retail Space
- Tenure:Freehold
- Title Type:Strata
- Built-Up:555 sq. ft.
- Asking PriceRM 6,383
- Asking Price psf :RM 11.5
- Unit type:Intermediate
- Occupancy:Vacant
- Furnishing:Unfurnished
- Posted Date:31/03/2012
- Facilities:Covered Parking, 24hr Security
Send An Enquiry Now
- Name :Daniel Ho
- Company :Regahome Realty
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