King’s Park: Top investment spot in Genting Highlands

Renowned for its vibrant entertainment and leisure offerings, Genting Highlands is rapidly emerging as a prime destination for property investment in 2024 with the development of King’s Park.

With promising rental returns and a unique blend of high demand, robust commercial activity, and future growth, King’s Park in Genting Highlands stands out as a premier real estate opportunity.

High demand and commercial viability

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, 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,” 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.”

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,” Khalil emphasised.

“Investors can expect consistent and substantial returns, with attractive rental returns typically ranging from 10% to 20% of monthly revenue.”

King’s Park: Competitive edge and future growth

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, 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 an estimated 20,000 daily visitors with 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 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,” Chan added.

“The sustained demand, strategic location, and robust commercial activity contribute to its market resilience.”

A strategic location with bright prospects

Strategically positioned approximately 30-40 minutes from Kuala Lumpur, King’s Park is set to benefit immensely from the area’s robust commercial activity.

As the future Central Business District (CBD) of Genting Highlands, it is positioned to become a central hub for business and leisure, attracting a diverse array of businesses and boosting its commercial value.

King’s Park Genting Highlands is expected to attract around 20,000 visitors daily, generating RM2,000,000 in revenue each day.

This high foot traffic ensures excellent rental returns for property owners.

With property values increasing by 20% annually over the past six years, King’s Park offers exceptional market stability and capital growth.

Positioned as the future CBD of Genting Highlands, it is set to become the region’s premier business hub.

King’s Park Genting Highlands is a cutting-edge tourism-commercial real estate and wellness resort destination, offering an unforgettable experience for all visitors.

A strategic partnership with Universiti Sains Malaysia’s Graduate School of Business and Cornell Academy, signed on 11 October 2023, ensures a steady 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 accommodation ensure high employee satisfaction and retention, significantly reducing turnover costs.

For more information, contact King’s Park Sales Gallery at +6011 6221 6168, visit King’s Park Sales Gallery, KM 10, Genting Highlands, 69000 Bentong, Pahang, Malaysia, or check our website at www.kingspark.com.my.