World · Malaysia Bureau
Village Park Restaurant shoplot in Uptown Damansara heads to auction
A commercial property in Damansara Utama housing the well-known Village Park Restaurant is set to go under the hammer with an estimated value of RM5.3 million.
LSN Malaysia ·
KUALA LUMPUR — The shoplot housing Village Park Restaurant in Uptown Damansara has been scheduled for public auction, with the property valued at RM5.3 million. The commercial unit, located in the Damansara Utama neighbourhood, has long been associated with the popular dining establishment that has built a reputation among local residents and visitors. The auction represents a significant transaction in the commercial real estate market of the Klang Valley region, where prime shoplot properties continue to attract investor interest despite economic headwinds. The sale of such establishments occasionally occurs due to various commercial circumstances, including ownership changes or portfolio rebalancing by property holders. The exact auction date and terms remain subject to official announcements from the relevant authorities overseeing the sale process.