DA MEN MALL
Five-storey retail mall together with a lower ground floor and two levels of basement car parks
Year of Completion
2015
Age of Building
8 years
Title
Geran 320023/M1-A/1/1, Building No M1-A, Storey No 1, Parcel No 1 on part of parent Lot 91576 Pekan Subang Jaya, Daerah Petaling, Negeri Selangor
Geran 320023/M1-A/1/2, Building No M1-A, Storey No 1, Parcel No 2 on part of parent Lot 91576 Pekan Subang Jaya, Daerah Petaling, Negeri Selangor
Encumbrances
Nil
Tenure
Interest in perpetuity
Gross Floor Area
732,925 square feet
Net Lettable Area*
421,081 square feet
Number of Car Park Bays
1,638
Occupancy Rate as at 31 December 2023*
73.4%
Date of Acquisition
25 March 2016
Acquisition Price
RM487 million
Appraised Value
RM160 million
Date of Latest Valuation
31 December 2023
Independent Valuer
CBRE WTW Valuation & Advisory Sdn Bhd
Capitalisation Rate - Reversionary*
6.50%
Gross Revenue*
RM13 million
Net Property Loss*
RM8 million
Top Largest Tenants (Alphabetical Order):
Big Pharmacy, BookXcess, Dadi Cinema, Grand Harbour Restaurant, Jaya Grocer, Mr DIY, Music Box, Nam Heong Ipoh , Swensen’s, TNT Fitness Pro
* as at FYE 31 December 2023
Da:men USJ 1, Persiaran Kewajipan, USJ 1, 47600 Subang Jaya, Selangor Darul Ehsan
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