Asset Portfolio



Property description

MOB Specialist Clinics Kuala Lumpur ("MOBSCKL") 1 is an 8-storey purpose built medical office building comprising 110 medical consulting suites accommodating various specialties and sub-specialties for outpatient services, and commercial offerings like retail pharmacy and café at ground floor. MOBSCKL has a basement level car park and is linked by a pedestrian bridge to Gleneagles Hospital Kuala Lumpur. Located along Jalan Ampang, it is easily accessible from any parts of the city centre and approximately 3 km away from integrated development of Kuala Lumpur City Centre (KLCC). The Jelatek PUTRA LRT station is located about 1 km due north-west of MOBSCKL.

Parkway Life REIT owns approximately 23.1% of the total share value of MOBSCKL comprising three ground floor units, six medical consulting suites units at 2nd floor, 7th floor, 8th floor and 69 car park lots ("MOBSCKL Portfolio").

Key Statistics

Tenure Freehold
Land Area 3,450 sq m
Floor Area 2,444 sq m (owned by Parkway Life REIT)
Number of Car Park lots 69, all of which owned by Parkway Life REIT
Year of Completion 1999
Committed Occupancy 31% (excluding Car Park)
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

Appraised Value (as at 31 December 2023) RM 20.1 Million (S$ 5.7m) 2
Location Map Click here to view location map

Note:

  1. Formerly known as Gleneagles Intan Medical Centre Kuala Lumpur.
  2. The property was valued by Nawawi Tie Leung Property Consultants Sdn.Bhd using the Investment Method. Based on an exchange rate of S$ 1.00 to RM 3.51.