Wisma Chuang

Wisma Chuang is located within the prime city centre, situated right next to the landmark shopping complex, Pavilion KL, the heart of central business district and prestigious shopping area of Kuala Lumpur. It is built on a freehold land and is a 29-storey high rise office building having retail and office spaces of approximately 254,000 sq. ft. (on total net lettable area basis is approximately 195,000 sq. ft.) and 298 carparking spaces. As at 31 March 2020, the valuation of this property was MYR185.4 million (equivalent to approximately HK$332.2 million), which represents an average value of approximately MYR951 (equivalent to approximately HK$1,704) per sq. ft. of net lettable retail and office area.

Wisma Chuang is leased to multi tenants with an occupancy rate of approximately 70%. Its annual rental income is approximately MYR7.1 million (equivalent to approximately HK$13.2 million), representing a rental yield of approximately 3.8% based on valuation.

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