Summary: MJC Grd Flr Shop RM550K
Asking Price (RM): 550,000
Size (Square Feet): 1,051
Car Parks: 0
Lift or Elevator: Without Lift
Swimming Pool: No Swimming Pool
Exercise & Gym Facility: No Gym
Security Level: No Security
Ground floor Strata Shop for SALE! This unit is near to Papillon Street Mall.
MJC Batu Kawah New Township is a place you cannot miss. It is the major satellite township before you exit to outskirt of Kuching – Lundu or Bau.
The whole township will have another 20+ years of growing potential with the big plot of land across the rectangular round about. The surrounding BK Square and EMart are recent commercial centre mushrooming due to the MJC Commercial Centre development some 15 years ago.
Surrounded by many residential housing – Desa Wira, RPR Batu Kawa, Tmn Seri Emas, One Residency, Mutiara, Courtyard Sanctuary, Skyvilla Residence and upcoming HK Square Stapok and Inpira Jln Stapok, there is long term commercial value in property here.
This is a ground floor strata unit. Ground floor strata shops are better investment choices because its special characteristic as shop yet only ground floor. Firstly, you can own the ground floor (of the best commercial value) without wasting money on higher floors. Higher floors are used as offices which are of lower commercial yield. Secondly, MJC Shops are in big numbers, and thus they have collective crowd pulling effect for all types of businesses. You can find car workshop, hardware, laundry, electronic repair, restaurant, fresh markets and SME (small medium enterprises) around this area. Many of these businesses cannot be housed inside a shopping mall.
Buying commercial property you need the vibrant of the entire business community, NOT just an individual unit. So far based on past pattern, MJC Shops had been on a gradual appreciation of about 6-7% per year.
Although competition from surrounding commercial properties, the price range for MJC Shops are within affordable range. New Papillon Shops were sold more than RM700k. Most commercial shops around Kuching are at above RM1mio price range.
Size: 1,051 Square Feet
Price: RM550,000, Negotiable. Booking Fee: RM12,000.
Interested, please contact Thomas Sim, PEA2066 of H. Simon Real Estate E(3)1176 at 012 – 8866 090.