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SEGi College, Subang Jaya
The property is located within the Commercial Business Districts of Subang Jaya under zone USJ 1, Subang Jaya, Subang Jaya is an integrated mixed development area comprising of residential, commercial and industrial developments which is mainly developed by Sime UEP. It is located about 15 kilometres to the south-west of Kuala Lumpur city centre.
Landmark development located next to the property is Summit City which is an integrated development comprising of retail complex, office block and a 4-star hotel. In the neighbourhod, there are several prominent commercial buildings, which includes Subang Parade, Sunway Pyramid, Sunway Medical centre and Sheraton Hotel |
| Property |
SEGi College, Subang Jaya |
Address
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Persiaran Kewajipan USJ 1, 47600 Subang Jaya, Selangor Darul Ehsan |
| Type |
Higher Education Building |
| Tenure |
Freehold
|
| Age of Building |
Approximately 3 years |
| Net Lettable Area |
131,387 square feet |
| Cost of Acquisition |
RM52,500,000 |
| Date of Acquisition |
26th February 2007 |
| Appraised Value |
RM54,000,000 as at November 2008 |
| Net rental (per month) |
RM273,700* |
| Existing use |
Used as a higher learning institution and training centre under the brandname of SEGi College. |
| *For the period 22nd May 2009 – 21st May 2012 |
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SEGi College, Kota Damansara
The property is located within a new development known as Taman Sains Selangor 1, an emerging high-technology industry estate in Kota Damansara. Kota Damansara is an integrated self-contained township developed by the Selangor State Development Corporation located approximately 25 kilometres to the west of Kuala Lumpur city centre.
Notable commercial buildings within the neighbourhood are Tropicana Medical Centre, Sri KDU Kota Damansara and Kelab Golf Seri Selangor. |
| Property |
SEGi College, Kota Damansara |
Address
|
No.9, Jalan Teknologi, Taman Sains Selangor, Kota Damansara PJU 5, 47810 Petaling Jaya, Selangor Darul Ehsan |
| Type |
Higher Education Building |
| Tenure |
Leasehold interest for 99 years |
| Age of Building |
Approximately 2 years |
| Net Lettable Area |
211,194 square feet |
| Cost of Acquisition |
RM145,000,000 |
| Date of Acquisition |
28th December 2007 |
| Appraised Value |
RM152,000,000 as at November 2008 |
| Net rental (per month) |
RM870,000* |
| Existing use |
Used as a college campus under the brandname of SEGi College |
*For the period 28th December 2007 – 27th December 2009
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Orchestrating the future of your investments
Amanah Raya Real Estate Investment Trust Annual Report 2008. [
