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Plaza Haji Taib is a new retail space located in the heart of Chow KIt, at the historically busy street of Lorong Haji Taib. Developed by Kha Seng Group, the retail space is a 10-storey tower, with 7 floors of retail units and 2 floors of Small Office Flexible Office (SOFO) units. Located amongst two-storey shop offices, it isn’t too hard to miss.
The retail building, which was completed in 2016, has units with built-ups ranging from 97 sf to 674 sf. Being a retail space, there is 24 hours security, equipped with CCTV. Each floor will also be equipped with escalators and elevators to provide easy and convenient access to each level and also easier to move products.
Plaza Haji Taib is also the latest one-stop wholesale centre in Kuala Lumpur, aiming to provide various products under one roof. That being said, there will also be a loading bay customized for users to transport things around easily. Being placed in a landmark zone, traffic condition is not the best around the area. However, amenities are everywhere within the vicinity of the plaza, which means almost everything is a walk away.
Right behind the retail building is the iconic Plaza GM, which provides almost similar services. That does not necessarily mean only competition, but also extra options to the amenities that are ready within the premises. Other than that, Lorong Haji Taib also provides amenities such as restaurants, various services, offices, convenience stores and banks.
Furthermore, Maju Junction and Quill City Mall are some of the malls that are also within walking distance from the plaza. Open University Malaysia is also close, which means investors can take advantage by starting education-based businesses or become a source of materials needed by the students there.
Plaza Haji Taib is easiest to be accessed via the Jalan Kuching federal route, but the Ampang - Kuala Lumpur Elevated Highway (AKLEH) is also another way to get to the retail space. Again, with traffic being a disadvantage, it is compensated by the distance it takes to get to the Chow Kit Monorail station, and the number of Light Rail Transit (LRT) stations that are nearby, among them are the PWTC and Sultan Ismail stations.
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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 (%) |
---|---|---|---|---|---|
Plaza Haji Taib | 2016 | From RM800,000 | From RM1,500 | NIL | NIL |
JKG Tower | 2017 | NIL | From RM16,500 | 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 % |
188 Suites | Mar 2013 |
RM558,000
-
RM1,880,000
RM 611 psf - RM 1,606 psf |
RM1,700 - RM1,700 | NIL | 4.77 % |
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 841 psf | RM 17,000,000 psf | RM 2,805 psf |
500 - 1,000 SQ. FT | RM 642 psf | - | RM 762 psf |
1,000 - 1,500 SQ. FT | RM 521 psf | - | RM 626 psf |
1,500 - 2,500 SQ. FT | RM 597 psf | - | - |
2,500 - 4,000 SQ. FT | RM 474 psf | - | - |
4,000 SQ. FT and above | RM 515 psf | RM 13,800,000 psf | - |
Note:
Down Payment (10%) | RM 80,000 |
Loan Amount ( 90 %) | RM 720,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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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