PAVILION TOWER

20-storey office building together with 6 mechanical / electrical levels

Year of Completion

2007

Age of Building

18 years

Title

Pajakan Negeri 53757/M1/B3/2, sited 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

216,968 square feet

Net Lettable Area*

162,992 square feet

Occupancy Rate as at 31 December 2025

78.4%

Date of Acquisition

7 December 2011

Acquisition Price

RM123 million

Appraised Value

RM130 million

Date of Latest Valuation

31 December 2025

Independent Valuer

Knight Frank Malaysia Sdn Bhd

Capitalisation Rate - Reversionary*

6.50%

Gross Revenue*

RM10 million

Net Property Income*

RM3 million

Ten Largest Tenants (Alphabetical Order):

ARCC Offices Pavilion Tower Sdn Bhd, Coach Malaysia Sdn Bhd, Gapadu Development Sdn Bhd, Impian Ekspresi Sdn Bhd, Khuan Choo Development Sdn Bhd, KL Pavilion Design Studio Sdn Bhd, Kuala Lumpur Metro Property Sdn Bhd, Malton Berhad, New Balance Athletic Shoes Sdn Bhd, Pan-Asia Property Management Sdn Bhd

* as at FYE 31 December 2025

75 Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia