What KL Hotels Actually Sell For — RM2.48 Million a Key, and Why Location Decides It
Based on reporting byKnight Frank(original report, opens in a new tab)
Read by price per room — the standard way to compare hotel value — recent Kuala Lumpur transactions show prime central assets clearing RM1.8 to RM2.5 million per key, several times what suburban and Putrajaya hotels fetch. A five-star luxury hotel on Jalan Ampang is carried at about RM2.48 million per room; a 55-suite ultra-luxury hotel in the KLCC precinct was acquired by a listed REIT at roughly RM2.55 million a key. The variable that separates them from RM430,000-per-key suburban stock is not the star rating. It is location.
