Date of Acquisition
9 February 2018
Acquisition price
RM
0
million
Land Area (sq.ft.)
0
No. of Parking Bays
>
0
Appraised Value
RM
0
million
Gross Floor Area (sq.ft.)
0
Average Value per Room
RM
0
No. of Rooms
0
Capitalisation/Discount Rate (%)
0
.00
/
0
.00
Master Lease Details
Master Lessee
Sunway Resort Hotel Sdn Bhd
Total Rent
The higher of variable rent or minimum rent. Variable rent comprises base rent of 20% of revenue plus 70% of GOP less master lease expenses. Minimum rent in respect of Sunway Lagoon Hotel consists of RM10.9 million for Year 1 and Year 2 and RM8.2 million each year for the remaining 10-year term.
Duration
10 years from 10 February 2018 with an option to renew for another 10 years
Persiaran Lagoon, Bandar Sunway,
47500 Subang Jaya, Selangor Darul Ehsan, Malaysia
SUNWAY LAGOON HOTEL
Average Occupancy Rate
No Data Found
Guest Profile by Room Revenue
(FY2023)
No Data Found