Kenanga Wholesale City, Loke Yew

Kenanga Wholesale City is a freehold shopping mall located in Loke Yew, Cheras. There are 800 units available at this project with built-up from 369 sf to 534 sf. It was developed by Kha Seng Group. Kha Seng Group is a small-scale property development group, and it has developed about 2 property projects in Malaysia.

Property Type
Shopping Mall
Land Tenure
Freehold
Built-up
369 sf - 534 sf
Market Price
RM1,050,000 - RM1,500,000
Density
800 Units
Completed In
-NA-
Launch Price
-NA-

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

As for universities, there are Berjaya College, Berjaya Tvet College, Berjaya University College, Edufly College and Universiti Antarabangsa KL. There are also some metro transport stations here, for example LRT Pudu, MRT Merdeka and Monorail Imbi.

The current market prices for Kenanga Wholesale City are from RM1,050,000 to RM1,500,000 (about RM2,850 psf); while the monthly rentals are from RM4,400 to RM7,500 (about RM18.58 psf). The highest median price psf ever recorded was RM4,500 psf in Q1 2012; while the lowest one was RM2,389 psf in Q2 2018.

The current rental yield of Kenanga Wholesale City is around 7.79%, compared to 3.58% 3 years ago in Q1 2016. The highest rental yield ever recorded was 8.16% in Q1 2018; while the lowest one was 3.27% in Q3 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Kenanga Wholesale City is 369 sf with a median price of RM2,850 psf. For price wise, the most expensive one is 403 sf with a median price of RM2,850 psf; while the cheapest one is 534 sf with a median price of RM2,800 psf.

Latest Kenanga Wholesale City for sale listings:

DateTypeBuilt-upPrice
11-Feb-19Retail726 sfRM1,320,000
11-Feb-19Retail1,000 sfRM4,000,000
11-Feb-19Retail419 sfRM1,399,000
11-Feb-19Retail605 sfRM1,310,000
07-Feb-19Retail872 sfRM697,357
25-Jan-19Retail872 sfRM697,357
21-Jan-19Retail419 sfRM1,500,000
20-Jan-19Retail331 sfRM1,092,300
20-Jan-19Retail370 sfRM1,110,000
20-Jan-19Retail556 sfRM2,500,000

Latest Kenanga Wholesale City for rent listings:

DateTypeBuilt-upRental
14-Feb-19Retail533 sfRM5,500
23-Jan-19Retail297 sfRM4,000
28-Nov-18Retail700 sfRM6,500
11-Sep-18Retail700 sfRM6,500
06-Jul-18Retail369 sfRM4,500
01-Jun-18Retail380 sfRM10,629
08-May-18Retail369 sfRM4,500