The Horizon II is a leasehold office building located in Bangsar South, Kuala Lumpur. It is another office project developed by UOA Development Bhd. Some of the amenities nearby are Kerinchi and Universiti LRT stations, shopping malls and hospital.
According to real estate negotiator of Propnex Realty, Victor Lim, the office was a fully-furnished unit owned by an asset investment company which held the asset for recurring income.
“The tenant was an international logistics company looking for a bigger office space to set up its call centre. The tenant liked the fully-furnished unit and it helped to save on the hassle of renovation. This also allowed them to start their operation immediately even during the FMCO (full movement control order) period,” Lim shared.
In terms of location, he noted that Bangsar South has enjoyed a big advantage as it is located in between Kuala Lumpur and Petaling Jaya. Its strategic location is easily accessible and close to various public transportation systems, such as LRT (light rail transit), buses and trains.
As at Oct 2021, only one unit of Horizon II was listed for rent at an asking monthly rental of RM40,000 or RM5 psf. Meanwhile, there was no listing for sale.
Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.
Get the latest news @ www.EdgeProp.my