The building is located right next to the Ampang Point Shopping Centre and KPJ Ampang Puteri Medical Centre, while nearby are many developments such as M-City Residences, Arte Ampang and One Ampang Avenue.
Dynamic Realtors real estate negotiator Michael Wong said the shopoffice is a rare find for the good location and main road frontage.
“The subject property was very well located. It was also one of the best units in the project as it was a corner unit with better visibility from the main road,” Wong shared.
He said the owner was putting up this unit for sale because he wanted to cash out for another investment opportunity.
Meanwhile, the buyer liked the unit for it being a corner lot and providing a good rental yield history. He was buying for investment purposes.
As at October 2021, four shop units in Ampang Point Commercial Centre were listed for sale on EdgeProp.my. The average asking price was RM6.3 million or RM521.69 psf. Meanwhile, eight units were looking for tenants at an average asking monthly rental of RM12,025 or RM3.25 psf.
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