PropNex Sabah recently concluded their first-ever Commercial Suites Mini Expo, held at a prominent shopping mall in Kota Kinabalu, Sabah, to great success.
The Expo showcased a variety of commercial properties from both Peninsular Malaysia and within Sabah. These properties ranged from city-centre commercial suites in Kuala Lumpur to sea-fronting shop-offices in Kudat like the Oasis @ Kudat Waterfront project. While they varied in location, price, and features, they all shared the common feature of offering enticing rental yields and the potential for substantial capital gains, as is often the case with commercial properties.
This inaugural Commercial Suites Mini Expo not only marked an important milestone for PropNex Sabah but also for Sabah's real estate sector. As Kota Kinabalu continues to grow, investors from Sabah are becoming increasingly savvy and discerning. They seek choices that meet their investment needs; whether it's a property in Kuala Lumpur for their business trips, which can be rented out as short-term accommodation when not in use, or shop space needed for their business expansion in a town like Kudat, which they also anticipate will grow and enjoy rising prices.
Ms. Philomena Chai, Agency Leader, representing PropNex Sabah, said, "We are delighted to serve as a dynamic and creative provider of real estate services here in Sabah. The visitors to the Commercial Suites Mini Expo enthusiastically embraced this event as it provided great convenience - a one-stop spot featuring a wide range of choices, with professional agents sharing valuable insights on rental-yielding properties. We extend our sincere gratitude to the enthusiastic visitors who contributed to the success of our first Commercial Suites Expo! With such encouragement, we are considering more informative and innovative events as we continue to serve the real estate industry in Sabah."
Property developers too were pleased with the opportunity to showcase their commercial projects. Whilst there are other projects posing as competitive choices, Developers are still comfortable with this as there are professional agents in attendance to explain the inherent strengths of their respective projects.
Property developers expressed their continued commitment to providing such convenience to property investors too, with various projects from outside Sabah being showcased, including Neu Suites, Jalan Ampang, Kuala Lumpur; The Ria, KL Sentral, Kuala Lumpur; R Suites Chancery Residences, Jalan Ulu Klang Ampang, Kuala Lumpur; Solarvest Suites, Bangsar South, Kuala Lumpur and local projects including The Logg, Luyang ; The Shore, Kota Kinabalu City and New Launch Oasis @Kudat Waterfront.
Also particpating in this maiden event is prominent Short Term Rental (STR) provider Perfect Host. The commercial properties sector is increasingly more investor friendly and professional. After investing in a short term rental property for example, there are professional STR operators available to manage the property to high standards and ensuring high occupancy.
The investing public in Sabah faces several challenges, such as the weakened Malaysian Ringgit, uncertainty surrounding inflation rates, and the encouraging reality of a growing Sabah economy. These factors have led many to consider real estate investment as a preferred choice. The Commercial Suites Mini Expo, organized by PropNex Sabah, proves to be a valuable resource as investors navigate through these complex issues.
For more information on rental-yielding commercial properties, please call 016-833-8887 / 012-802-9500.