Shop Lot for Sale/Rent in Megamal Pinang, Perai | Prime Location
Location and Accessibility:
- Address: Megamal Pinang is located at 2828, Jalan Baru, Bandar Perai Jaya, 13700 Perai, Penang.
- Strategic Position: It is strategically situated between Bandar Seberang Jaya and the Perai Free Industrial Zone. This central location contributes to good visibility and potential customer traffic.
- Proximity to Key Areas: It is approximately a 5-minute drive to the Penang First Bridge and a 10-minute drive to Penang Sentral & Ferry Terminal, making it easily accessible for both locals and those from Penang Island.
Types and Sizes of Shop Lots:
- Shop lots are available for both sale and rent.
- Built-up Area: Sizes of the shop lots vary, with common sizes ranging from approximately 339 sq. ft. to 2,000 sq. ft. Some listings may be for multiple units sold together.
- Floors: Shop lots are available on various floors, including the ground floor, first floor, and third floor.
Key Features and Conditions:
- Condition: Many listings describe the shop lots as being in "original" or "bare" condition, meaning they may require renovation or fitting out by the new owner or tenant.
- Amenities: Some shop lots within the complex are equipped with features like 24-hour security, air-conditioning, and are located near key areas within the mall, such as the main atrium or a refurbished bubble lift.
- Tenure: The properties are typically listed as Freehold.
- Parking: The complex offers a substantial number of parking spaces, with over 2,500 car park lots.
Pricing (as of late 2024/2025 listings):
- For Rent: Rental prices can vary significantly depending on size, location within the mall (e.g., ground floor vs. upper floors), and condition. Rents have been seen ranging from around RM 500 to RM 3,500 per month.
- For Sale: Similarly, sale prices vary based on size and location. Prices for smaller units can be as low as RM 18,000 to RM 90,000, while larger or more strategically located units (like a ground floor lot facing the main road) can be priced much higher, with some reaching RM 750,000 or even RM 900,000.
Additional Notes:
- Megamal Pinang is often referred to interchangeably with "Pacific Megamall" as Pacific is a major anchor tenant.
- Some listings for sale may include existing tenancy, offering potential for a ready rental return.
MEGAMAL PINANG @ Properties
Frequently asked question
Rental prices vary. Smaller units on upper floors can be found for as low as RM 500 per month, while larger, more strategically located units (like those on the ground floor) can command rents of RM 2,800 or more.
You can find listings for rent on Malaysian property website https://www.shijieproperty.com.my/. You may also contact property Shijie Property Agents (+6013 - 481 7777, +6018 - 398 7777) who specialize in commercial rentals in the Perai area.
The mall's main advantages are its established reputation, large size, and strategic location. Its anchor tenants, Mega Lanes and Mega Cineplex, attract a steady flow of visitors. It's a popular destination for families, students, and locals for shopping, entertainment, and dining.
Given the diverse customer base, a wide range of businesses can be successful. The mall is home to a mix of retailers, F&B outlets, and service providers. Businesses catering to family entertainment, fashion, and food would likely benefit from the existing customer traffic.
The general operating hours for Megamal Pinang are typically from 10:00 AM to 10:00 PM daily. However, specific tenant hours may vary.
Specific parking rates may vary and are subject to change. It's best to check with the mall management for the most current information. Generally, parking is available and rates are structured for both weekdays and weekends.
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