A 5-Star hotel with 55 rooms known as Banyan Tree Kuala Lumpur
Year of Completion
2018
Age of Building
7 years
Title
Geran 34208/M1/B2/1 on Parent Lot 383, Section 57, Town and District of Kuala Lumpur, Wilayah Persekutuan
Encumbrances
Leased to Harmoni Perkasa Sdn Bhd for 10 years from 20 June 2025 to 19 June 2035
Tenure
Interest in Perpetuity
Gross Floor Area
109,921 square feet
Number of Car Park Bays
81
Operator
Banyan Tree Hotels & Resorts Pte Ltd
Date of Acquisition
20 June 2025
Acquisition Price
RM140 million
Appraised Value
RM140 million
Date of Latest Valuation
31 December 2025
Independent Valuer
CBRE WTW Valuation & Advisory Sdn Bhd
Capitalisation Rate
6.00%
Gross Revenue*
RM5 million
Net Property Income*
RM5 million
Tenant
Property wholly leased to Harmoni Perkasa Sdn Bhd for 10 years to 19 June 2035
* as at FYE 31 December 2025
No 2 Jalan Conlay, 50450 Kuala Lumpur