Pudu Plaza is a leasehold shopping complex located in the middle of the city of Kuala Lumpur in Pudu. It is only 10 minutes away from the city centre, while the city of Petaling Jaya is less than half an hour away. Ampang is only 15 minutes away from here, while the Kuala Lumpur International Airport (KLIA) is only 45 minutes away.
Pudu Plaza is a wide and sprawling shopping complex that is 3 stories tall with the smallest shop sizes being only 380 sf. Units for sale at Pudu Plaza are impossible to find, without even a recorded sale in the past. All the units are generally only for rent on a long term basis, with very pricey rental prices of approximately RM3.15 psf.Pudu Plaza is a very old complex that was built in the 1970s. The facilities that are provided to the shops are not many, with only the basics of central air-conditioning, lifts and escalators. The floors are fully tiled, while many of the shops that are being rented out have basic furnishings.The benefits of obtaining a shop at the renowned Pudu Plaza is many, with the most important being a steady clientele due mostly to its central location as well as being close to the main bus station and being located just below the Pudu Plaza Apartment which is usually rented out to tourists for overnight stays.Many people look to rent units at Pudu Plaza as they will enjoy a steady flow of walk-in customers who visit from outstation and stop at the Pudu Bus Station. There are many eateries in the area as well which attracts visitors, along with the many bus ticket stations lining the streets attracting travellers.Accessibility to the area is extremely convenient as Pudu Plaza is located just off the main trunk road of Jalan Pudu, which provides direct access to the SMART tunnel. Public transportation is also extremely convenient with the aforementioned Pudu Bus Station being located just opposite the plaza, together with the Pudu LRT station.
Property Details
Name: Pudu Plaza Address: Jalan Davis, Pudu, 51200 Kuala Lumpur, Wilayah Persekutuan Completion Date: 1970 Type: Shopping Complex Tenure: Leasehold No. of Blocks: 1 No. of Storey: 3 Built-up: From 380 sf Rental: From RM1,200Facilities
Lift Escalator Air-condAnalysis
Pudu Plaza is located in one of the most coveted areas in Kuala Lumpur with the high traffic inflow and outflow. Traffic congestion is however a major problem in the area which causes locals to try to stay away during peak hours to avoid getting stuck in traffic for hours on end.The neighbourhood of Pudu Plaza is also another cause for many locals to stay away, as the area does have a reputation to be seedy and shady. Snatch thefts are common in the area, as are tricksters pretending to be beggars and the like. Touting for bus tickets are also common, giving the place a rather bad reputation.Many would claim that obtaining a piece of property around Pudu Plaza would be the best investment of all times, however this is not very true as the entire property in the area is leasehold and can be taken back by the government at any given time. Those who are however looking to open small time businesses targeted toward backpackers should look into renting a place at the Pudu Plaza.
