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Property
Atrium Shah Alam 2
Address
Lot 7A, Persiaran Jubli Perak, Seksyen 22, 40300 Shah Alam, Selangor Darul Ehsan, Malaysia.
Title details
Lot No. P.T. 90 held under H.S.(D) No. 188265, Pekan Baru Hicom (formerly Mukim of Damansara), District of Petaling, State of Selangor Darul Ehsan.
Property type
Industrial
Description
A single storey warehouse and a double storey office building with a total Net Lettable Area measuring approximately 258,702 sq.ft.
Year of completion
2004
Tenure
Freehold
Existing use
Warehouse and office
Parking spaces
125 car bays, 129 motorcycle bays, 20 lorry bays
Date of acquisition
2 April 2007
Cost of acquisition
RM 49,100,000
Tenant
Samsung SDS Global SCL Malaysia Sdn. Bhd
Occupancy
71.2%
Tenancy Period
3 years, expiring on 31 March 2019
Major capital expenditure
RM15,390,721
Encumbrances
None
Limitation in title/ interest
None
Latest valuation
RM72,000,000
Date of last valuation
28 November 2016
Valuer
Raine & Horne International Zaki + Partners Sdn Bhd
Fair Value adjustment
(RM 6,390,721)
Net book value
RM 78,390,721