Type: 0 bedroom Commercial

Invest in a commercial property in the thriving heart of Kuala Lumper with projected rental yields of over 8% !!!!

Southgate features a modern European themed design, inspired by the Xintiandi development in Shanghai. It will house creative work spaces, F & B outlets, and retail and office units.
The development will consist of a total of 5 blocks. The main Corporate Building will be an 8 storey building fronting Jalan Tun Razak.

PROJECT DESCRIPTION

Anticipated Completion: Q3 2011
Developer: Jastamax subsidiary of Mah Sing Group; who currently have approximately USD 900 million worth of property under development
A contemporary investment grade, lifestyle commercial development
Mixed Use Commercial: Retail, Restaurants, Cafes and Offices
Ample Parking
26 Standard Office Suites
10 Duplex Office Suites
Sizes range from 674 to 1,712 sqft
Prices from approximately USD 97,000 to USD 284,350
Freehold ownership

Estimated gross rental yield of over 8% (source: Knight Frank)
Current office rentals are estimated to appreciate by approximately 10% per annum over the next 2 years (source: CLSA Asia-Pacific Markets)

There are standard office and duplex office suites ranging form 587- 1,712 sqf with an average price of RM 518 psf.
Prices range from RM316, 797 %u2013 RM 923,139 (GBP 50,688-GBP 147,702)



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