Greentown Business Centre

Property Insight

Greentown Business Centre is the central hub of business in the northern state of Ipoh. Built in the 1990s, this commercial hub is located a mere 8 minutes away from the town centre of Ipoh, approximately 10 minutes away from the Sultan Azlan Shah Airport while the main bus terminal of Ipoh, located on Jalan Raja Bendahara is a mere 8 minutes ride away. The entire business centre sits on leasehold grounds.

Most of the developments in Greentown Business Centre consists mainly of shop offices. A shop office in this area ranges widely in price, with the older developments going for at least RM230,000 for 907 sf while the newer developments can go up to RM1,400,000 for 7,258 sf. The majority of these shop offices are between 2 to 5 storeys tall, and as such, rental of these shop offices depend mainly on which floor the unit is on, with the higher floors commanding much less value.

The majority of the lower rises in Greentown Business Centre do not come with lifts, although the ones that goes above 3 storeys have the facility. Being a shop office, many of the units are sold unfurnished, and most of the units are bare. There are however selected few units that come with air-conditioners installed from the previous owner.

Most of the units in Greentown Business Centre come with no facilities at all. All the buildings share a communal uncovered parking lot which is generally fully during busy hours. There are however a few of the newer developments that offer 24-hour security and CCTV surveillance for peace of mind of residents.

Being located in the middle of a commercial hub, tenants of Greentown Business Centre will never lack for food or amenities. There are numerous banks within the area within walking distance, as well as outlets of all the telco providers in Malaysia. Eateries and restaurants are abundant, while some of the developments are even within walking distance to Ipoh Parade for a lunch jaunt.

Greentown Business Centre is a very well located commercial hub. Not only is it within 6 kilometres away from the North - South Highway and 10 kilometres away from the Ipoh - Lumut Highway, it is also located just off the main road of Jalan Raja Dihilir which provides access to multiple major roads such as Jalan Sultan Idris Shah and Jalan Raja Dr. Nazrin Shah.

Property Details

  • Name: Greentown Business Centre
  • Address: Off Jalan Raja Dihilir, 30450 Perak, Ipoh
  • Completion Date: 1990s
  • Type: Shop Office
  • Tenure: Leasehold
  • No. of Storey: From 2
  • Built-up: From 907 sf
  • Subsale Price: From RM230,000
  • Rental: From RM500

  • Facilities

  • Communal parking
  • 24-hour security (selected buildings)
  • CCTV surveillance (selected buildings)

  • Analysis

    Being what one would call a small town, Greentown Business Centre is generally not a congested place, where traffic is usually smooth flowing off-peak hours. Peak hours on the other hand can get downright nasty, especially at the Sultan Ismail roundabout; and as a matter of fact, at all the roundabouts including the Jalan Raja Hilir roundabout.

    Tenants of Greentown Business Centre can expect a noisy and exciting livelihood, as it is a very successful commercial hub with a very high traffic flow. This area is dedicated exclusively to shops and office lots, and as such turnover of some of the shops are also quite high due to the many merchants trying to make their way in business here.

    Ipoh had never struck any of the speculators as a good investment, as it used to be sleepy bygone town, forgotten by the rest of civilisation. It has in the recent years picked and dusted itself off, and development is running amok in the state. As such, Greentown Business Centre is looking more and more to be a good place to invest in. Those who are looking to open a small time business here will find the place very appealing as well.


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