Banyan Tree Kuala Lumpur

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