KIP REIT REAL ESTATE INVESTMENT TRUST (1169638-M)

PROPERTY FEATURES

Property nameKiP Mall Bangi
URLhttp://www.kipmart.com.my/
LocationNo.1, Jalan Medan Bangi, 43650 Bandar Baru Bangi, Selangor Darul Ehsan

PROPERTY FEATURES

KiP Mall Bangi is a five-storey shopping centre with one level of mezzanine floor and two levels of basement car park which was acquired on 26 March 2015. The layout area for KiP Mall Bangi is divided into several areas for, amongst others, dry retail lots, a supermarket, an entertainment area, a food court, a fast food area, restaurants, a bowling alley and various promotion areas.

PROPERTY FEATURES

Property nameKIP Mall Bangi
AddressNo.1, Jalan Medan Bangi, 43650 Bandar Baru Bangi, Selangor Darul Ehsan
Appraised value as at 1 March 2016 (RM 000)130,000
Land-
Tenure99 years, expiring on 14 July 2093
BuildingFive-storey retail centre with one level of mezzanine floor and two levels basement car park
Total land area (sq m)8,623 (equivalent to 92,817 sq ft)
Property management companyAzmi & Co. (Shah Alam) S/B
Acquisition date26 March 2015
Gross lettable area (sq ft)348,203
Net lettable area (sq ft)261,710

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