Address |
No. 4, Jalan Saudagar U1/16, Hicom Glenmarie, 40150 Shah Alam, Selangor Darul Ehsan. |
Location |
The property is located within HICOM Glenmarie Industrial Park in Shah Alam, Selangor. HICOM Glenmarie Industrial Park is located about 4.0 kilometres to the north-west of Subang Jaya town centre and about 14 kilometres to the south-west of Petaling Jaya city centre. |
Title details |
Lot 61725 held under Title No. GRN 215122, Town of Glenmarie, District of Petaling, State of Selangor |
Property type |
Office building. |
Description |
A four storey office building cum warehouse |
Age of property |
Approximately 18 years |
Tenure |
Freehold |
Tenancy period |
6 years commencing from May 2016 |
Total Land Area |
67,371 sq.ft. |
Gross Built-up Area |
74,104 sq.ft. |
Net lettable area |
74,104 sq.ft. |
Existing use |
Office |
Parking spaces |
Available within the compound of the property. |
Date of acquisition |
25th March 2016 |
Cost of acquisition |
RM32,000,000 |
Valuation as at December 2022 |
RM31,000,000 |
Valuer |
Nawawi Tie Leung Property Consultants Sdn Bhd |
Carrying Amount |
RM31,000,000 |
Master Lessee |
Toshiba Tec Malaysia Sdn Bhd (Lease expired in May 2022) |
Occupancy rates |
0% |
Property Manager |
Hartamas Asset Management Sdn Bhd |