Sungei Wang Plaza, Bukit Bintang, KL City Centre

Sungei Wang Plaza (also known as Plaza Sungei Wang) is a freehold shopping mall that is located in Bukit Bintang, KL City Centre. There are 500 units available at this property with built-up from 621 sf. It was developed by Landmarks Bhd, and was completed in 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
RM2,010,000
Total Units
500 Units
Completion Date
1977
Developer
Launch Price
-NA-

This shopping mall has some amenities nearby, i.e. universities, transit stations, hospitals and schools. The following are some of the major universities here:

As for transit stations, there are LRT Plaza Rakyat, LRT/Monorail Hang Tuah, Monorail Imbi, Monorail Raja Chulan and Monorail/MRT Bukit Bintang. There are also some hospitals here, for example Chinese Maternity Hospital, Santaria Medical, Tung Shin Hospital and Tung Shin Hospital Chinese Medical Division.

Lastly, the schools here are Kung Min Chinese Primary School, Model Town S.S.S School and SM Stella Maris.

The current rental yield of Sungei Wang Plaza is around 1.67%, compared to 2.67% 2 years ago in Q4 2021. The highest rental yield ever recorded was 11.25% in Q2 2020; while the lowest one was 1.56% in Q2 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Sungei Wang Plaza sale listings:

DateProperty TypeBuilt-upPrice
TodayRetail334 sfRM780,000
13 Mar 2024Retail388 sfRM1,000,000
7 Mar 2024Shop-Office388 sfRM1,000,000
26 Feb 2024Office581 sfRM2,700,000
14 Feb 2024Shop-Office388 sfRM1,000,000
15 Jan 2024Retail388 sfRM1,000,000
20 Jan 2024Retail388 sfRM1,000,000
13 Dec 2023Retail614 sfRM3,440,000
23 Oct 2023Retail350 sfRM648,000
23 Oct 2023Retail621 sfRM2,880,000

Latest Sungei Wang Plaza rental listings:

DateProperty TypeBuilt-upRental
TodayRetail343 sfRM1,500
12 Mar 2024Retail200 sfRM1,600
14 Mar 2024Retail742 sfRM4,000
13 Mar 2024Retail500 sfRM3,100
29 Feb 2024Commercial Room-NA-RM1,204
22 Feb 2024Commercial Room-NA-RM850
27 Feb 2024Room-NA-RM900
21 Feb 2024Room-NA-RM1,350
25 Feb 2024Room-NA-RM1,000
17 Feb 2024Retail742 sfRM5,000
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