Institutional building
Address Alfa University College, Persiaran Kewajipan USJ 1, 47600 Subang Jaya, Selangor Darul Ehsan.
Location It is located within the Commercial Business Districts of Subang Jaya in USJ 1. Subang Jaya is an integrated mixed development, comprising residential, commercial and industrial developments located about 15 kilometres to south-west of Kuala Lumpur city centre.
Title details Geran 313189, Lot No. 13, Pekan Subang Jaya, District of Petaling, State of Selangor
Property type Higher education building
Description A 12-storey purpose-built commercial building with 3 basement car park levels
Age of property Approximately 19 years
Tenure Freehold
    Lease period      18 years
Land Area 51,957 sq.ft.
Gross Floor Area 280,575 sq.ft.
Net lettable area 131,387 sq.ft.
Existing use A higher learning institution and training centre under the brand name of Alfa University College
Parking spaces 206 parking bays and 400 motorcycle parking bays
Date of acquisition 26th February 2007
Cost of acquisition RM52,500,000
Valuation as at December 2024 RM70,000,000
Valuer  Raine & Horne International Zaki + Partners Sdn. Bhd.
Carrying Amount RM70,000,000
Master Lessee Alfa International College Sdn. Bhd.
Occupancy rates 100%
Net rental (per month) RM170,000
Next Rent Review 31 December 2027
Property Manager IM Global Property Consultants Sdn. Bhd.

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