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Wisma AmanahRaya
The property is located within the Centrel Business District of Kuala Lumpur where most of the financial institutions are located including Standard Chartered, Bank Muamalat, HSBC Bank, OCBC Bank, CIMB Bank, AIA Insurance and Maybank.
Close proximity to the property is the Light Railway Transit (LRT) station which connects the locality to other major areas such as Kuala Lumpur City Centre (KLCC) and Kuala Lumpur Central Station (centre of all public transport for Klang Valley). Within the immediate vicinity of the property are also several heritage buildings which include Bangunan Sultan Abdul Samad, High Court building, Dataran Merdeka and the Royal Selangor Club. |
| Property |
: Wisma Amanahraya |
Address
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: No. 2, Jalan Ampang, 50450, Kuala Lumpur |
| Type |
: Office building |
| Tenure |
: Leasehold interest for 99 years |
| Age of Building |
: Approximately 57 years |
| Net lettable area |
: 166,902 square feet |
| Cost of Acquisition |
: RM68,000,000 |
| Date of Acquisition |
: 26th February 2007 |
| Appraised Value |
: RM73,000,000 as at November 2008 |
| Net rental (per month) |
: RM550,776.60* |
| Existing use |
: Used as Amanah Raya Berhad’s office headquarters. |
| *For the period 16th August 2009 – 15th August 2012 |
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Wisma AmanahRaya Berhad
The property is located within the commercial zone of the exclusive residential area of Damansara Heights. Damansara Heights is located approximately 4 kilometres to the south-west of Kuala Lumpur city centre.
Some of the prominent commercial buildings within the same commercial area are premises of Institution of Banks of Malaysia, CIMB Berhad, Shell Malaysia, KPMG and Manulifie. |
| Property |
: Wisma Amanahraya Berhad |
Address
|
: No. 15, Jalan Sri Semantan 1, Damansara Heights, 50490 Kuala Lumpur |
| Type |
: Office building |
| Tenure |
: Leasehold interest for 99 years |
| Age of Building |
: Approximately 10 years |
| Net lettable area |
: 125,227 square feet |
| Cost of Acquisition |
: RM53,000,000 |
| Date of Acquisition |
: 26th February 2007 |
| Appraised Value |
: RM60,000,000 as at November 2008 |
| Net rental (per month) |
: RM308,312.37 |
| Existing use |
: Used as office for CIMB Group of Companies |
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Wisma UEP
The property is located within the one of the Commercial Business District of Subang Jaya under section USJ 10 of Subang Jaya. Subang Jaya is an integrated mixed development comprising of residential, commercial and industrial developments mainly developed by Sime UEP. It is located about 15 kilometres to the south-west of Kuala Lumpur city centre.
Nearby to the property is the local council’s office, Majlis Perbandaran Subang Jaya. In the neighbourhood, there are several prominent commercial buildings which include Summit City, Subang Parade, Sunway Pyramid, Sunway Medical Centre and Sheraton Hotel. |
| Property |
: Wisma UEP
|
Address
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: Jalan USJ10/1A, Pusat Perniagaan USJ 10, 47620 Subang Jaya, Selangor Darul Ehsan |
| Type |
: Office building |
| Tenure |
: Freehold |
| Age of Building |
: Approximately 12 years |
| Net lettable area |
: 90,541 square feet |
| Cost of Acquisition |
: RM35,500,000 |
| Date of Acquisition |
: 26th February 2007 |
| Appraised Value |
: RM38,000,000 as at November 2008 |
| Net rental (per month) |
: RM175,000* |
| Existing use |
: Most of the spaces used as Sime Darby Property Group’s office with other tenants such as HSBC Bank Berhad and Kenanga Investment Bank Berhad |
| *For the period 16th September 2007 – 15th September 2010 |
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Block A & B, South City Plaza
The property is located within a commercial development known as South City Plaza comprising retail complex, office block and hotel cum service apartment. It is Located within the locality known as Seri Kembangan, a mixed development area made up mainly residential development supported by several sections of commercial developments. Seri Kembangan is located about 15 kilometres to the south of Kuala Lumpur city Centre.
Prominent development within the neighbourhood is the Mines Resort City which comprises of Mines Beach Resort & Spa, Mines Waterfront Business Park, Palace of Golden Horses, Mines International Exhibition City Centre, The Mines Resort and Golf Country Club and Mines Shopping Fair. |
| Property |
: Block A & B, South City Plaza |
Address
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: Persiaran Serdang Perdana, Taman Serdang Perdana, Section 1, 43300 Seri Kembangan, Selangor Darul Ehsan |
| Type |
: Office building |
| Tenure |
: Leasehold interest for 99 years |
| Age of Building |
: Approximately 4 years |
| Net lettable area |
: 66,606 square feet |
| Cost of Acquisition |
: RM18,300,000 |
| Date of Acquisition |
: 26th February 2007 |
| Appraised Value |
: RM19,500,000 as at November 2008 |
| Net rental (per month) |
: RM111,000* |
| Existing use |
: Block A is used as a higher learning centre of SEGi College and Block B is used as an office for- Diamond Energy Water (a company producing natural environment product) |
| *For the period 16th August 2009 – 20th August 2012 |
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Orchestrating the future of your investments
Amanah Raya Real Estate Investment Trust Annual Report 2008. [
