Office Space for Sale in Johor Bahru, Malaysia

- Presently, our business is involved in property investment. We rent out properties to other tenants.
- Our current portfolio includes 2 residential and 1 commercial shop office properties. We are operating a co-working space.
- The two residential properties are located in a residential area while the office property is located in the heart of the city.
- The first residential property is 1 condominium with 3 bedrooms that has been tenanted. The total area is 1,600 square feet and we receive MYR 1,400/monthly.
- The second residential property is 1 double storey end lot terrace house. The area of the property is 2,000 square feet and we receive MYR 3,000/monthly.
- The co-working space has a total area of 1,623 square feet that has been partitioned into 7 private units. Usually at least 6 out of these 7 private units are occupied. However, due to the ongoing pandemic, only 2 units are occupied currently. We receive a rental income of around MYR 1000/monthly per unit.
- Additionally, our residential tenants have requested for rental concessions temporarily due to the ongoing pandemic. Maintenance and electrical expenses are handled by the tenants for the residential property.
- We also handle the maintenance and up-keep, and take care of the electricity and lighting for the co-working space. The co-working space is fully-furnished and air-conditioned with necessary office equipment like printers and office stationery.
- We also provide a virtual office address and meeting spaces. Owner is currently based in Singapore.