Genting Highlands Emerges As Prime Property Investment Hotspot For 2024

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Genting Highlands, known for its lively entertainment and leisure options, is quickly becoming a top choice for property investment in 2024. The area offers significant rental returns, making it an attractive option for savvy investors. With a unique combination of high demand, strong commercial activity, and a bright outlook for future growth, Genting Highlands is set to be a major player in real estate investment.

Mr. Megat Khalil, Director of Public Relations for King’s Park Genting Highlands, shared insights on the thriving business environment in Genting Permai. “Finding a vacant shop lot in Genting Permai is no easy feat,” he said. “The high occupancy rates highlight the area’s strong commercial viability. This demand indicates a thriving business environment where commercial properties are highly sought after, ensuring secure and profitable investments.”

Genting Permai’s lively atmosphere is evident from its bustling streets and vibrant commercial activity. “During peak hours, the area comes alive with customers flocking to local businesses,” Mr. Khalil noted. “The frequent double and triple parking scenarios are a testament to the high foot traffic, reflecting the area’s popularity and commercial success. This constant flow of customers makes it a prime location for retail investment, offering increased business opportunities and revenue potential.”

Retail businesses in Genting Permai thrive with average monthly revenues ranging from RM200,000 to RM500,000. “This revenue range is a testament to the dynamic and lucrative nature of operating in these vibrant locations,” Mr. Khalil emphasized. “Investors can expect consistent and substantial returns, making these areas highly attractive for investment. One of the most compelling reasons to invest here is the attractive rental returns, typically ranging from 10% to 20% of monthly revenue.”

Mr. Steve Chan, Director of Sales & Marketing for King’s Park Genting Highlands, highlighted the competitive edge of Genting Highlands compared to other high-traffic commercial areas in Malaysia. “When it comes to high-traffic commercial areas, Genting Highlands, particularly King’s Park, stands out for its impressive rental returns and high revenue potential,” he said. Comparing it to Pavilion KL, Mid Valley Megamall, and Sunway Pyramid in the Klang Valley, Mr. Chan noted that King’s Park offers unique advantages with its prime location and diverse retail mix.

King’s Park Genting Highlands is set to become a bustling hub, attracting a significant number of daily visitors with an estimated 20,000 daily visitors and an average spending of RM100 per visitor. “These figures highlight the immense potential for strong rental returns and business success within King’s Park,” said Mr. Chan. “The high visitor count coupled with substantial daily revenue underscores the commercial viability of this investment.”

King’s Park also boasts impressive market stability and capital appreciation, with historical data revealing a capital appreciation rate of 20% per annum over the past six years for Genting Permai shop lots. “This consistent growth underscores the stability and attractiveness of investing in King’s Park,” Mr. Chan added. “The sustained demand, strategic location, and robust commercial activity contribute to its market resilience, offering investors a reliable and profitable investment.”

Strategically located about 30-40 minutes from Kuala Lumpur, King’s Park is poised to thrive due to the area’s vibrant commercial activity. As the upcoming Central Business District (CBD) of Genting Highlands, it is set to become a key center for both business and leisure, attracting a variety of enterprises and enhancing its commercial appeal.

Why Invest in King’s Park?

King’s Park in Genting Highlands is projected to attract approximately 20,000 visitors daily, generating RM2,000,000 in daily revenue. This substantial foot traffic provides excellent rental returns for property owners. With property values increasing by 20% annually over the past six years, King’s Park offers remarkable market stability and capital growth. Positioned to become the future CBD of Genting Highlands, it is poised to be the region’s leading business hub.

King’s Park Genting Highlands is a state-of-the-art tourism, commercial real estate, and wellness resort destination, providing an unforgettable experience for all visitors. A strategic partnership with Universiti Sains Malaysia’s Graduate School of Business and Cornell Academy, established on October 11, 2023, ensures a consistent supply of highly trained staff. This collaboration guarantees exceptional service standards and operational efficiency, enhancing the overall experience for stakeholders. Comprehensive training programs and staff accommodations further ensure high employee satisfaction and retention, significantly reducing turnover costs.

King’s Park Genting Highlands is more than just a commercial development; it’s a golden investment opportunity. With impressive visitor and revenue projections, this prime location promises substantial rental returns and business success. For investors seeking lucrative opportunities, King’s Park stands out as a premier destination for 2024.