Sunway sells hotel property to Sunway REIT

KUALA LUMPUR (Aug 4): Sunway Bhd is disposing of its Sunway Clio property to Sunway Real Estate Investment Trust (Sunway REIT) as it wants to eliminate any conflict of interest with regard to the property.

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DONE DEAL: Casa Ria apartment, Taman Maluri, Kuala Lumpur

Sold for: RM470,000 (RM437 psf) Concluded by: Casper Yee (REN 13384) of HASB Consultants (Selangor) Sdn Bhd (016-259 1812) When: April 2017 Noteworthy: ● Leasehold (expiring March 2077) ● 1,076 sq ft ● Low-floor unit ● Facing north ● Partially furnished ● 2 bedrooms and 2 bathrooms ● Facilities: Cafeteria, covered parking, swimming pool, jogging track, playground and 24-hour security Located along Jalan Jejaka, Taman Maluri, Casa Ria was developed by Syarikat Maluri Sdn Bhd.

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