28-Storey Headquarters Office Building in Kuala Lumpur
Completed in 1986, the Headquarters Office Building is very well-maintained for its age. It has 28-storeys, with 4 floors of retail podium and 3 levels of basement carparks.
JLL Property Services (M) Sdn Bhd takes great pride in being appointed as the Exclusive Marketing Agent for this Headquarters Office Building in Kuala Lumpur.
The JLL Capital Markets team assisted in providing a series of advisory services to the client, which included an overview of the office market in Klang Valley. A market study was then conducted to align the client with the optimal sale price and estimated achievable selling price.
JLL Capital Markets team has also advised the client on the preferred mode of sale, to ensure value and timing optimization in interest of the client.
The office market landscape in Kuala Lumpur City (KLC) has been dynamic and currently presents owner-occupational and value-add opportunities in a market which has traditionally been tightly held.
Completed in 1986, the Headquarters Office Building is very well-maintained for its age. It has 28-storeys, with 4 floors of retail podium and 3 levels of basement carparks. Sitting on a 1.7-acre freehold land, with approximately 400,000 square feet of net lettable area, this building is suitable for owner occupation, and as a value-add opportunity through Asset Enhancement Initiatives (AEI), resulting in improved yields.