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Menara Raja Laut
No. 288, Jalan Raja Laut, 50350 Kuala Lumpur
Office
Details:
Property Details
From RM57,000
Built Up
From 3,618 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
1
Total Storeys
27
Total Units
NIL
Description
Menara Raja Laut is an office building located in Jalan Raja Laut, in the heart of Kuala Lumpur city centre. This commercial building has been here for a while, and has changed from Wisma Eon Bank to Menara Hong Leong. It is still more widely known as Menara Raja Laut.
Investors will be delighted at the fact that there are a variety of sizes with decent rental prices that come with it. The building’s interior is clean and gives off a feel of class, giving an extra edge to the building and its units.
Within the building itself there are amenities, such as banks and other service offices. The vicinity surrounding Menara Raja Laut offers a lot of amenities, all within walking distance from the building. Head branches of CIMB bank and Maybank (Maybank Tower) are within a stone’s throw away. There are also 4 shopping complexes with a variety of services offered, which are Quill City Mall, SOGO, Pertama Complex and Maju Junction Mall.
Being in the heart of the city also means being close to some of the big names and landmarks in the area. Tenants of Menara Raja Laut can also enjoy a bit of heritage, as Dataran Merdeka, Masjid Jamek, Central Market and the Royal Selangor Club are all within a short drive from the office building.
Apart from that, investors can look to take advantage of the number of academic institutions and hotels that are in the area. For those interested in education businesses, schools and universities such as SK (Lelaki) Jalan Batu, SMK Puteri Wilayah, Open University Malaysia, and Universiti Tun Abdul Razak are nearby. For businesses that revolve around international clients, the number of hotels nearby will prove to be a plus point for investing in the office building.
Menara Raja Laut can be reached via a number of major highways, with the main route of Jalan Kuching situated just adjacent to it. The office building can be reached via the SMART Tunnel, the Ampang-Kuala Lumpur Elevated Highway (AKLEH) as well as the Sultan Iskandar Highway. Those who find the heavy traffic a hindrance can feel lighter as there are buses running the route, and the Sultan Ismail Light Rail Transit (LRT) station is just nearby.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
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Shops / Malls
Nothing found within 10km
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Places of Worship
Nothing found within 10km
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Menara Raja Laut | 0 | NIL | From RM57,000 | NIL | NIL |
| JKG Tower | 2017 | NIL | From RM16,500 | NIL | NIL |
| Plaza Haji Taib | 2016 | From RM800,000 | From RM1,500 | NIL | NIL |
| Summer Suites | 2015 |
RM410,000
-
RM1,100,000
RM 652 psf - RM 1,379 psf |
RM140 - RM140 | NIL | 412.95 % |
| Menara Centara | Oct 2014 | RM499,400 - RM2,652,500 | From RM2,400 | NIL | NIL |
| Kenny Hills Residence | Mar 2014 |
RM500,000
-
RM8,500,000
RM 410 psf - RM 1,346 psf |
RM10,000 - RM10,000 | NIL | 3.2 % |
| Vue Residences | Dec 2013 |
RM288,000
-
RM810,000
RM 576 psf - RM 940 psf |
RM900 - RM900 | NIL | 4.26 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | RM 766 psf | RM 17,000,000 psf | RM 1,937 psf |
| 500 - 1,000 SQ. FT | RM 642 psf | - | RM 762 psf |
| 1,000 - 1,500 SQ. FT | RM 502 psf | - | RM 626 psf |
| 1,500 - 2,500 SQ. FT | RM 584 psf | - | RM 15,425,000 psf |
| 2,500 - 4,000 SQ. FT | RM 515 psf | - | RM 170 psf |
| 4,000 SQ. FT and above | RM 538 psf | RM 13,800,000 psf | RM 300 psf |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 494 psf
Non Landed Properties
RM 5,059,075 psf
Landed Properties
RM 271,967 psf
Commercial Properties
Note:
- This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
- 'Nearby distance' is based on 1 kilometre
- Average Rental Yield takes into account an estimated amount of maintenance fees
My Affordability:
| Down Payment (10%) | RM 50,000 |
| Loan Amount ( 90 %) | RM 450,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(3,618 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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