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Freehold Standalone Office in Cyberjaya Sold

30 November 2018

Freehold Standalone Office in Cyberjaya Sold

 

29 November 2018, MalaysiaKnight Frank Malaysia (Knight Frank) are pleased to announce that they have completed the sale of an office building located at No. 3505, Jalan Teknokrat 5, Cyberjaya on behalf of Michaelian Holdings Sdn Bhd (the vendor) to a public listed company.

Chelwin Soo, Associate Director of Capital Markets at Knight Frank Malaysia, says, “We have been assisting the purchaser in sourcing for a standalone freehold office building to house their college cum training centre since 2016 and we are very pleased that they finally found something suitable for their operations.”

The purchaser paid RM28, 800,000.00 for the 3-storey office with 2 levels of basement car park. It sits on a land area measuring 58,653 sq ft with a net lettable area of circa 52,473 sq ft offering a total of 191 car park bays.

 

 

 

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For further information, please contact:

Mr James Buckley, Executive Director, Capital Markets, Knight Frank Malaysia

james.buckley@my.knightfrank.com +603 2289 9608 @ KnightFrank_my

Ms Chelwin Soo, Associate Director, Capital Markets, Knight Frank Malaysia

chelwin.soo@my.knightfrank.com  +603 2289 9737 @ KnightFrank_my

 

Ms Seline Soo, Marketing & Communications Manager, Knight Frank Malaysia

seline.soo@my.knightfrank.com +603 2289 9669 @KnightFrank_my

 

Ms Penny Hoo, Marketing Executive, Knight Frank Malaysia

penny.hoo@my.knightfrank.com +603 2289 9667 @KnightFrank_my

 

Notes to Editors

Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank has more than 15,000 people operating from 418 offices across 60 countries. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit knightfrank.com.

 

Knight Frank has a strong presence in Malaysia with its headquarters in Kuala Lumpur as well as branches in Penang, Johor and Kota Kinabalu. The company offers high-quality professional advice and solutions across a comprehensive portfolio of property services and is registered with the Board of Valuers, Appraisers and Estate Agents. The Company is licensed to undertake property, valuations / consultancy, estate agency and property management and is also on the panel of all leading banks and financial institutions. For further information about the Company, please visit www.knightfrank.com.my.