Pavilion Hotel Kuala Lumpur

Year of Completion

2018

Age of Building

7 years

Title

Pajakan Negeri 53757/M1/B3/3 and Pajakan Negeri 53757/M1/1/4 on Parent Lot 20020, Section 63, Town and District of Kuala Lumpur, Negeri Wilayah Persekutuan KL

Encumbrances

Leased to Harmoni Perkasa Sdn Bhd for 10 years from 20 June 2025 to 19 June 2035

Tenure

99-year lease expiring on 26 October 2109

Gross Floor Area

342,410 square feet

Number of Car Park Bays

147

Operator

Banyan Tree Hotels & Resorts Pte Ltd

Date of Acquisition

20 June 2025

Acquisition Price

RM340 million

Appraised Value

RM350 million

Date of Latest Valuation

31 December 2025

Independent Valuer

CBRE WTW Valuation & Advisory Sdn Bhd

Capitalisation Rate

6.25%

Gross Revenue*

RM13 million

Net Property Income*

RM12 million

Tenant

Property wholly leased to Harmoni Perkasa Sdn Bhd for 10 years to 19 June 2035

* as at FYE 31 December 2025