Presenting canaan square
“shop units that are a cut above the rest”
A new project located along jalan stutong baru, kuching
Project type: full commercial
Total height: four storey
Facilities: 24 hours security, over 300 covered car parks, central courtyard, common toilets, total of 9 lifts.
- Upper floors starting from RM421 PSF
- Ground floor starting from RM467 PSF
Hugh potential for capital growth over time!
Canaan square with its open courtyard concept will cater to both professional offices on its upper levels and various types of restaurants on the ground floor. The development will have ample car parking spaces of 355 bays, nine units of lifts to serve all units (each unit will serve only four office suites per floor), external common toilets and staircases.
Canaan square is located along jalan stutong to airport link road as shown in the plan below. It is located within one of the new development area of kuching. Neighbouring vacant lands have either been approved for more development or are in progress of being approved.
Based on our current selling price, ground floor units are poised to provide an gross annual rental return of at least 5.5% while the upper floors will be looking at 4 to 4.5% gross annual rental return. These returns are only possible because of the strategic price per square foot we have adopted for our project. Our price for the ground floor is about RM600 per sq ft which is one of the most attractive in the market.
Upper floors are most suitable for owner occupiers who wish to have their own space for their business as oppose to renting from others.
Ground floor units are most suitable to cater for different types of restaurants, bistros and cafes to provide Kuchingites a place to relax, enjoy their different meals with their loved ones and friends and to chill the night away.
If you are interested to find out more before you invest, feel free to call us on 082457777 for more information and consultancy.