Nanyang Street @ RU Square, Penang | Commercial Shoplots | Propmula
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SALE Commercial shoplot

Nanyang Street @ RU Square, Penang

Jalan Raja Uda, Butterworth

Freehold individual-title commercial shoplots in mature Raja Uda; heritage-inspired Southern Chinese Eclectic, Late Straits Eclectic and Art Deco facades; 2 floors + 2 mezzanine levels with high ceilings, flexible layouts, extendable mezzanine and designated home-lift space; integrated with RU Square's planned retail, hypermarket/mall, galleria and foodie cluster.

From RM2,365,000

Reviewed by

Page structure updated: · Project data checked: 5 August 2026

Commercial Financing Scenario

Illustrative commercial-property financing scenario. Confirm the latest bank package, valuation, legal costs and ownership charges before making a decision.

Monthly Commitment

Est. Loan Installment
Loan: RM2,128,500
Approx. RM10,770 / month (Est.)
Margin
90%
Tenure
25 years
Rate
3.60% p.a.
Maintenance + Sinking Fund Based on RM0 psf.
RM0/mth

Eligibility Requirement

To comfortably purchase this property, banks typically require a minimum monthly net income.

Min. Monthly Net Income: RM11,970+

Cash Upfront Analysis

Estimated initial costs breakdown.

Booking Fee RM5,000
Total est is for reference only. Please click GET LATEST PACKAGE below for the latest package terms.
Nanyang Street @ RU Square, Penang
Commercial property business operability assessment image.
BUSINESS OPERABILITY

Business Operability Analysis

Suitable for F&B, retail, services and office use that benefit from Raja Uda's mature catchment. The high ceilings, long floor plates, mezzanine configuration, three toilets and future home-lift provision improve operating flexibility. The main operational constraint is the lack of dedicated parking bays for each unit.

Commercial Fast Facts

Property TypeShoplot with Mezzanine
TenureFreehold
Land Area1,400 sqft onwards
Built-up Area3,536 sqft onwards
Layout20 ft frontage x 70 ft depth
ParkingNA
Nanyang Street @ RU Square, Penang
Commercial location and business ecosystem assessment image.

Business Operability Matrix

36/50 - Strong mature catchment, wide internal roads and a planned mixed commercial ecosystem support retail, F&B and service businesses. Flexible high-ceiling layouts and mezzanines improve usability, but limited dedicated parking and mixed main-road exposure reduce convenience for high-turnover concepts.

  • Visibility 6/10

    The project is next to Jalan Raja Uda and benefits from a distinctive heritage facade, but not every unit directly fronts the main road; conservative score.

  • Catchment 7/10

    Nine adjacent residential areas are identified, with a stated SPU/SPT population of 761,400 and a predominantly working-age population; income profile is mainly middle to middle-high.

  • Accessibility 7/10

    Access is supported by Jalan Raja Uda, BORR, BKE and Jalan Permatang Pauh. Road widths reach 50-66 ft, but no parking bay is allocated to each unit.

  • Layout 7/10

    Typical frontage is 20 ft with 70 ft depth, plus high ceilings and mezzanine flexibility. As a row-shop format, external open space is limited.

  • Ecosystem 9/10

    RU Square plans a hypermarket/mall, galleria, retail and foodie cluster; nearby amenities include Lotus's, Econsave, FamilyMart, banks and other established businesses.

Business Operability Matrix

BUSINESS OPERABILITY SCORE: 36 / 50

Start Your Commercial Fit Assessment

* Remark: Our evaluation results are based on default setting parameters. Please contact us for your specific requirements.

Nanyang Street @ RU Square, Penang
Commercial property investment assessment image.
FINANCIAL INSIGHTS

Investment Analysis

Freehold individual-title commercial property in mature Raja Uda, supported by a themed streetscape, flexible multi-level layout and RU Square's planned retail ecosystem. The supplied documents do not state a monthly rental amount, verified gross yield, vacancy rate or nearby competing new-launch count, so the cash-flow and supply-demand assessment is conservative.

Commercial Fast Facts

TenureFreehold
TitleIndividual commercial title
Completion2027 Q3
DeveloperJayamas Property Group
Total Units77 units
Nanyang Street @ RU Square, Penang
Commercial property investment methodology image.

Investment Methodology

30/50 - Freehold tenure, mature Raja Uda positioning, differentiated heritage design and RU Square's planned commercial ecosystem support long-term potential. Entry cost is relatively high, while the supplied materials do not provide enough rental and vacancy evidence to validate cash flow or local supply-demand conditions. Gross rental yield: Pending Comparable Rental Evidence. Estimated rental: To Be Verified. Net cash flow: Not Yet Assessed.

  • Supply / Demand 5/10

    A mature catchment and a stated project total of 77 units support relative scarcity. Commercial title supports a broad tenant profile, conservative scoring.

  • Cash Flow 4/10

    A two-year tenancy arrangement is mentioned, but the monthly rental amount is not provided, please contact Propmula for the latest rental yield.

  • Appreciation 8/10

    Freehold tenure, mature Raja Uda catchment, connectivity to BORR/BKE/Penang Sentral and the surrounding commercial-residential base support appreciation potential.

  • Entry Cost 6/10

    At the template price of RM2.365 million, with an estimated RM10,770 monthly instalment and RM78,600 confirmed initial cash estimate, the entry commitment is substantial despite the recorded package support.

  • Product USP 7/10

    Distinctive features include three heritage facade eras, 2 floors + 2 mezzanine levels, high ceilings, extendable space, home-lift provision, split utility meters and the broader RU Square ecosystem.

Investment Matrix

INVESTMENT SCORE: 30 / 50

Review Your Commercial Investment Plan

* Remark: Our evaluation results are based on default setting parameters. Please contact us for your specific requirements.

90-SECOND COMMERCIAL FIT TEST

Does Nanyang Street @ RU Square fit your business or investment plan?

Answer one question at a time. This 6-question fit test follows the completed project information workbook.

Question 1 of 6Your selected answers will be included in the WhatsApp message

Commercial objective

What is your main objective?

Choose one answer to continue

Nanyang Street @ RU Square, Penang Project Summary

Commercial Positioning

Nanyang Street @ RU Square is a freehold, individual-title landed commercial development along Raja Uda, Butterworth. It is planned as a heritage-themed commercial street featuring Southern Chinese Eclectic, Late Straits Eclectic and Art Deco facades.

Business Operability

Suitable for F&B, retail, services and office use that benefit from Raja Uda's mature catchment. The high ceilings, long floor plates, mezzanine configuration, three toilets and future home-lift provision improve operating flexibility. The main operational constraint is the lack of dedicated parking bays for each unit.

Investment Considerations

Freehold individual-title commercial property in mature Raja Uda, supported by a themed streetscape, flexible multi-level layout and RU Square's planned retail ecosystem. The supplied documents do not state a monthly rental amount, verified gross yield, vacancy rate or nearby competing new-launch count, so the cash-flow and supply-demand assessment is conservative.

Checks Before Commitment

Buyers should confirm the latest unit chart, parking approval, available inventory and current sales package.

Frequently Asked Questions

What is Nanyang Street?

A freehold landed commercial shoplot development within RU Square, Raja Uda.

What is the title and land use?

Individual title; freehold commercial use.

How many floors are provided?

2 floors + 2 mezzanine levels, described as a 4-storey landed commercial format.

What unit sizes are available?

Land dimensions range from 20' x 65' to 51.2' x 70', depending on block and lot type.

How many toilets are provided?

Three toilets per unit, with WC, basin, tap and floor trap.

Is a lift provided?

No lift is included, but designated space is provided for buyers to install a home lift after VP at their own cost.

Is the mezzanine extendable?

Yes, extension is allowed after VP, subject to the required approvals and purchaser's cost.

Are parking bays allocated to each unit?

No. Phase 1a has 37 planned project parking bays, subject to authority approval.

When is completion expected?

Q3-Q4 2027.

How many units are there?

77 units across 7 blocks.

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