Kampung Loke Yew

RARE INVESTMENT OPPORTUNITY – 114 ROOM HOTEL BUILDINGJalan Loke Yew, Kuala LumpurA fully operating 114-room hotel building is now available for acquisition in the strategic commercial corridor of Jalan Loke Yew, Kuala Lumpur. The property is currently operated by the international hotel operator OYO, making it an income-generating hospitality asset with existing operational management in place.Strategically located along one of Kuala Lumpur’s main arterial roads, the property offers excellent connectivity to Kuala Lumpur City Centre, Pudu, Cheras, Tun Razak Exchange (TRX) and Bukit Bintang, areas well known for tourism, business activities and high traffic flow.Asking Price: RM20,000,000Estimated Market Value: RM25,000,000Address:No. 172 & 174, Jalan Loke Yew54200 Kuala Lumpur, MalaysiaPROPERTY DETAILS• Property Type: Hotel Building• Title: Open Title• Tenure: Leasehold (Expiry 29 December 2071)• Building Condition: Good• Operational Status: Fully operating (Managed by OYO)• Total Rooms: 114 Hotel KeysLAND & BUILDING SIZE• Land Area: 558 sq.m (6,006 sqft)• Built-up Area: Approx. 4,780.98 sq.m (51,462 sqft)BUILDING CONFIGURATIONBasement: Car park, motorcycle parking, office rooms, storage room, water tank room and male & female toilets.Ground Floor: Reception area, guest lounge, luggage storage, manager office, control room, lift lobby, café/restaurant area, kitchen and storage.Level 1 – Level 6: Each floor consists of 19 hotel rooms with attached bathrooms, lift lobby, utility rooms and staircases.Total guest rooms: 114 units.Level 7 (Facilities Floor): Prayer room, meeting rooms, changing rooms, pool area and recreational space.Rooftop: Lift motor room and water tank facilities.PRIVATE VIEWING & INVESTMENT ENQUIRIESAiz AhmadPEA 2762Qhomes Realty+6*****www.w*****