7-storey shopping mall (including 4 split-levels of car parking bays together with a 3-storey retail office block sited atop and annexed with a 4-storey retail/entertainment connection block) and 3 levels of basement car parks.
Year of Completion
2007
Age of Building
18 years
Title
Pajakan Negeri 53757/M1/N1/5 and Pajakan Negeri 53757/M1/B3/1 on Parent Lot 20020,
Section 63, Town and
District of Kuala Lumpur,
Negeri Wilayah Persekutuan KL
Encumbrances
Charged to Alliance Investment Bank Berhad
Tenure
99-year lease expiring on 26 October 2109
Gross Floor Area
2,197,214 square feet
Net Lettable Area*
1,370,953 square feet
Number of Car Park Bays
2,391
Occupancy Rate as at 31 December 2025
96.8%
Date of Acquisition
7 December 2011
Acquisition Price
RM3,190 million
Appraised Value
RM5,300 million
Date of Latest Valuation
31 December 2025
Independent Valuer
Knight Frank Malaysia Sdn Bhd
Capitalisation Rate - Reversionary*
6.50%
Gross Revenue*
RM511 million
Net Property Income*
RM356 million
Ten Largest Tenants (Alphabetical Order):
Cartier, Food Republic, Hermes, Louis Vuitton, Padini Concept Store, Parkson Elite, Richard Mille, The Food Merchant, Urban Revivo, Zara
* as at FYE 31 December 2025
Pavilion Kuala Lumpur, 168 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia.