Selayang Mall |
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Address |
: |
Lot 384451, Jalan SU 9, Taman Selayang Utama, 68100 Batu Caves, Selangor Darul Ehsan |
Location |
: |
The property is located within Taman Selayang
Utama, a medium-sized housing scheme.
Generally, the neighbourhood comprises
of a mixture of residential and commercial
developments. Prominent landmarks in the
neighbourhood include Selayang General
Hospital, Forest Reserve Institute of Malaysia
(FRIM), Selayang Municipal Council (MPS) and
Gombak District Land Office
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Title details |
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Lot 38451 held under Title No. PM 11660, Town
of Selayang, District of Gombak, Selangor Darul
Ehsan |
Property type |
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Shopping Mall |
Description |
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4-storey retail space with 6-storey car park |
Age of Property |
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Approximately 18 years |
Tenure |
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Leasehold for 99 years |
Unexpired lease period |
: |
65 years |
Lease period |
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10 years commencing from December 2006 |
Land Area |
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175,742 sq.ft. |
Gross Floor Area |
: |
861,530 sq.ft |
Net lettable area |
: |
380,032 sq.ft |
Existing use |
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A shopping complex under the brand name of Selayang Mall |
Parking spaces |
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900 parking bays |
Date of acquisition |
: |
7th May 2010 |
Cost of acquisition |
: |
RM128,165,000.00 |
Valuation as at November 2014 |
: |
RM 144,000,000.00 |
Valuer |
: |
First Pacific Valuers Property Consultants Sdn Bhd |
Net Book Value |
: |
RM144,000,000.00 |
Master Lessee |
: |
Seal Incorporated Berhad |
Occupancy rates |
: |
100% |
Net rental (per month) |
: |
RM836,072.92 |
Next Rent Review |
: |
January 2015 |
Property Manager |
: |
DTZ Nawawi Tie Leung Property Consultants Sdn Bhd |
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