Endah Parade is a shopping mall located in Sri Petaling. It houses one of the most well-known hypermarkets, Carrefour, as the anchor tenant. Endah Parade comes with easy access to Kesas Highway, LDP, Kerinchi Highway, Old Klang Road, and KL-Seremban Highway. The shopping mall is also covered by public transportation such as Bukit Jalil LRT, Bandar Tasik Selatan ERL / KTM, and walking distance to the Sri Petaling LRT sation.The shopping mall has a huge catchment of matured residential areas that include OUG, Puchong, Cheras, Subang, Sri Petaling, Sri Kembangan, and Taman Desa. Potential tenants and alike can expect to receive a yield of about 9%. Most of the retail spaces in Endah Parade are really great for investment or for businesses like restaurants, and each of the retail spaces have high ceiling of 21 ft (6.4 metre). There are boutiques, book stores, food stalls, fast food chains, a karaoke centre, futsal courts and a fitness gym, to name a few.
Property Details
Name: Endah Parade Address: Taman Sri Endah, Sri Petaling, Kuala Lumpur Type: Retail Space Tenure: Leasehold Land Area: 23,000 sf Built-up: 254 sf Subsale Price: Rental: Facilities
1200 covered parking lot CCTV security systemAnalysis
Endah Parade comes with the feasibility to double-up floor space to 46,000 sf (with management approval), tenants will be able to expand their business if business sales are getting great. Although most of the units that are up for rental can be either pricey or slightly overpriced, units that are facing the concourse area can be very beneficial to its tenants. Small units at are much cheaper and most of the rental prices are negotiable. Endah Parade's strength lies in its purpose of catering to the needs of especially Sri Petaling residents who don't have to go far to shop for groceries, get a workout or have a dose of entertainment.