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MOB SPECIALIST CLINICS, KUALA LUMPUR1

Land Tenure Freehold
Floor Area (sq m)2 2,444
Number of Strata Units 7 units owned by PLife REIT
Number of Car Park Lots 69
Number of Storeys 8
Year of Completion 1999
Name of Lessee (s) - Excel Event Networks Sdn. Bhd.
- Gleneagles Hospital Kuala Lumpur (A Branch of Pantai Medical Centre Sdn. Bhd.)
- KL Stroke & Neuro Clinic Sdn. Bhd.
Committed Occupancy3 31% (excluding car park)
Gross Revenue (2024)4 RM0.66 million
Gross Revenue (2023)4 RM0.64 million
Purchase Price5 RM16.00 million (S$6.38 million)
Year of Purchase 2012
Appraised Value6
(as at 31 December 2024)
RM19.33 million7 (S$5.90 million)
Name of Appraiser(s) Nawawi Tie Leung Property Consultants Sdn. Bhd.
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(1) Formerly known as Gleneagles Intan Medical Centre
(2) Based on strata areas owned by PLife REIT for MOB Specialist Clinics, Kuala Lumpur
(3) Committed occupancy of each property for Year 2023 and 2024 remain unchanged
(4) Excluding car park income
(5) Based on the exchange rate at point of acquisition
(6) Based on the exchange rate as at 31 December 2024
(7) As at December 2024, the property recorded depreciation on revaluation against corresponding value as at 31 December 2023