Sungei Wang Plaza, Bukit Bintang, KL City Centre

Sungei Wang Plaza (also known as Plaza Sungei Wang) is a freehold shopping mall located in Bukit Bintang, KL City Centre. There are 500 units available at this project with built-up from 621 sf. It was developed by Landmarks Bhd, and was completed around 1977.

Landmarks Bhd is a mid-scale property developer listed on Bursa Malaysia, and it has developed about 5 property projects in Malaysia. Other similar projects by the same developer are Desa Andaman, Lojing Heights 1, Sri Lojing and Wangsa Link.

Property Type
Shopping Mall
Land Tenure
Freehold
Built-up
621 sf
Market Price
RM2,790,000
Density
500 Units
Completed In
1977
Developer
Launch Price
-NA-

This shopping mall has many amenities nearby, i.e. universities, schools, metro transport stations and hospitals. The following are some of the main universities here:

As for schools, there are Kung Min Chinese Primary School, Model Town S.S.S School, SM Stella Maris and Sub International School. There are also some metro transport stations here, for example LRT Plaza Rakyat, Monorail Imbi and Monorail Raja Chulan.

Lastly, the hospitals here are Chinese Hill Maternity Hospital and Hospital Bersalin Cina.

The current rental yield of Sungei Wang Plaza is around 2.63%, compared to 11.25% a year ago in Q2 2020. The highest rental yield ever recorded was 11.25% in Q2 2020; while the lowest one was 2.32% in Q2 2013. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Sungei Wang Plaza for sale listings:

DateTypeBuilt-upPrice
TodayRetail388 sfRM2,300,000
15 Dec 2021Retail388 sfRM2,300,000
20 Nov 2021Retail620 sfRM2,700,000
12 Oct 2021Retail614 sfRM1,999,000
11 Oct 2021Retail621 sfRM2,880,000
14 Sep 2021Retail4,682 sfRM11,000,000
13 Sep 2021Retail1,787 sfRM2,900,000
13 Sep 2021Retail600 sfRM2,700,000
18 Aug 2021Retail388 sfRM2,106,000
29 Jul 2021Retail570 sfRM500,000

Latest Sungei Wang Plaza for rent listings:

DateTypeBuilt-upRental
31 Oct 2021Retail517 sfRM2,000
25 Sep 2021Retail338 sfRM2,500
28 Apr 2021Retail667 sfRM11,000
23 Mar 2021Shop-Office340 sfRM2,500
20 Mar 2021Retail311 sfRM2,800
20 Mar 2021Retail622 sfRM6,300
30 Jan 2021Retail440 sfRM3,000
15 Jan 2021Retail517 sfRM2,800
8 Jan 2021Retail622 sfRM6,300
21 Dec 2020Retail16,641 sfRM64,200
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