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Property Insights & Reviews : AmpWalk

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AmpWalk

1 for Sale

1 for Rent

Freehold

F/H

AmpWalk (also known as Ampang Walk) is a retail and office space located next to The Nomad Sucasa All Suites Hotel along Jalan Ampang. It was a joint venture project by between IGB Corp and Wearnes Brothers Ltd, developed by Permata Alasan Sdn Bhd, completed in 1997 just before the Asian Financial Crisis at the end of 1997.AmpWalk consists of 2 blocks of office spaces and 3-storey of retail spaces. Retail is conveniently located from the ground floor up and it is accessible right from street level. Offices are securely located above retail spaces. Retail and office spaces at AmpWalk are rather evenly distributed where retail space has 65,000 sf and office space has 70,000 sf. Retail spaces are owned by Permata Alasan Sdn Bhd and are solely for rental. Where else some office spaces were sold to individual owners, others are for rental.Located conveniently on the famous Embassy Row, AmpWalk is accessible via Jala Ampang, where to the west leads to downtown Kuala Lumpur, and to the east leads to Ampang and Middle Ring Road 2 (MRR2). In terms of amenities, it is a stone's throw away from downtown Kuala Lumpur, shopping havens, local and international schools, hospitals and business.

Property Details

Name: AmpWalk (also known as Ampang Walk)

Address: 218, Jalan Ampang, 50450 Kuala Lumpur

Developer: Permata Alasan Sdn Bhd

Completed Date: 1997

Tenure: Freehold

Type: Commercial Retail & Office

Built-up: From 600 sf

Maintenance Fee: RM0.50 psf

Subsale Price

Retail: RM650 psf

Office: RM550 psf

Rental:

Facilities

24 hours security with CCTV

Covered Car Park

Retail

Restaurants

Analysis

Developed and owned by renowned property development companies, as well as located in prime commercial and residential land in downtown Kuala Lumpur, AmpWalk is poised to shine as a landmark in Kuala Lumpur. Unfortunately, AmpWalk was built and completed right before the Asian Financial in 1997, and thus marked it mediocre performance for the past decade. Even during good times, AmpWalk failed to shine as newer and more attractive properties sprout up around it.AmpWalk has the classic retail cum office design, which has been proven as good commercial design where office workers will fuel the retail outlets, as well as provide convenience to office workers, especially lunches and a quick trip to the shop. There are 3-storey of retail space of up to 65,000 sf of various lot sizes. Retails spaces at AmpWalk are solely owned by Permata Alasan Sdn Bhd, and are for rental. Office space measured 70,000 sf where some of it is sold to individual owners. Office suites are furnished with pantry, manager room, conference room and air-conditioners, perfect for small office of up to 6 people.AmpWalk is estimated to be worth RM120 million for the whole building, but it has been rumored that it is put up for sale for an estimated RM85 millions, 30% below estimated market price. The below market rate may be due to its poor performance in the past decade.It may be a bargain for investors, considering AmpWalk is very attractive in terms of location, especially its prestige neighbors and proximity to downtown Kuala Lumpur. An updated modern look may very well do the job of turning around this property and be a real competition to those up and coming new developments around the area.

AmpWalk （又称Ampang Walk）是位于Jalan Ampang的零售和办公楼项目，毗邻The Nomad Sucasa All Suites酒店。项目由IGB Corp和Wearnes Brothers Ltd联手合作，并由Permata Alasan Sdn Bhd发展，在1997年建竣，恰恰在1997年底亚洲金融风暴爆发前。AmpWalk共有2栋办公楼，其中3层为零售店铺；零售商店坐落在底楼、1和2楼，面积为65, 000平方尺，由发展商Permata Alasan全数拥有，仅供出租；办公室则在零售店楼上，总面积有70, 000平方尺，部分出售给个人买家，另一部分则出租。坐落在大使馆路，AmpWalk衔接Jalan Ampang，可向西通往吉隆坡，或向东前往安邦和第二中环大道（MRR2）。它距离吉隆坡、购物天堂、本地学校和国际学校、医院和商业中心都非常近。

产业资讯一览

名称：AmpWalk （又称Ampang Walk）

地址：218, Jalan Ampang, 50450 Kuala Lumpur

发展商：Permata Alasan Sdn Bhd

竣工日期：1997年

产权：永久地契

类型：商业零售&办公室

实用面积：从600 sf

实用面积：RM0.50 psf

转售价

零售商店：RM650 psf

办公室：RM550 psf

租金：RM2,500 - RM6,840

设备

24 小时闭路电视保安监控

有棚停车场

零售店

餐厅

分析

AmpWalk由知名房地产发展商开发和拥有，座落在市中心商业和住宅高端地段，是吉隆坡地标之一。不幸的是，AmpWalk在1997年金融风暴前建竣，故过去十多年表现只属一般，即使在金融风暴后经济复苏，AmpWalk还是难以发光发亮锁住投资者目光，皆因周边涌现多个更崭新、更具吸引力的项目，直接影响AmpWalk的竞争力。AmpWalk结合零售店和办公楼，多年来此经典的设计概念也被证实可行，因为双方需求互补，在办公室工作的员工成为零售商店最直接的客户，而零售店则可为这些员工提供便利，如午餐和日用品等。此楼高3层的零售场所总面积约65,000平方尺，有多个不同面积的单位供选择。Permata Alasan有限公司拥有AmpWalk的零售店，不出售只限出租；而总面积约70, 000平方尺的办公空间，则出售部分给个人投资者。办公室配有茶水室、经理室、会议室和空调，适合作为约6人的小户型办公室。整个AmpWalk项目的市值料可达RM120 million，但市场传言，由于多年来表现差劲，所以它的售价只值约RM85 million，远低于市价30%。对于投资者而言，此价位非常吸引，毕竟AmpWalk的地理位置优越，靠近市中心，附近还有多栋著名建筑物。若此建筑物的外观可来个大翻修，以一个新颖时尚的全新设计，或能让AmpWalk “浴火重生”，在众多的新项目中，仍能维持一定的竞争力。