Sunway Lagoon Hotel

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Sunway Lagoon Hotel

RELAX WITH PERFECTION

Sunway Lagoon Hotel forms part of the cluster of hotels in Sunway City. Located on the west side of the iconic Sunway Pyramid Mall, the four-star hotel features 401 guest rooms equipped with technology-enhanced amenities such as complimentary Wi-Fi and wired broadband internet access, USB charger outlets, LED Smart TVs with satellite news, sports and movie channels, flexible workspaces, high-pressure walk-in rain showers and in-room electronic safe boxes.

Sunway Lagoon Hotel provides the right balance between work and play. The hotel has five fully-equipped function rooms and a host of other facilities, including the Café West, the hotel’s all-day dining restaurant, in-room dining services, a fitness centre and an outdoor swimming pool.

* All information as at 31 December 2023 unless otherwise stated.

Date of Acquisition

9 February 2018

Acquisition price

RM 0 million

Land Area (sq.ft.)

No. of Parking Bays

> 0

Appraised Value

RM 0 million

Gross Floor Area (sq.ft.)

Average Value per Room

RM 0

No. of Rooms

Capitalisation/Discount Rate (%)

0 .00

/ 0 .00

Master Lease Details

Master Lessee

Sunway Resort Hotel Sdn Bhd

Total Rent

The higher of variable rent or minimum rent. Variable rent comprises base rent of 20% of revenue plus 70% of GOP less master lease expenses. Minimum rent in respect of Sunway Lagoon Hotel consists of RM10.9 million for Year 1 and Year 2 and RM8.2 million each year for the remaining 10-year term.

Duration

10 years from 10 February 2018 with an option to renew for another 10 years

Persiaran Lagoon, Bandar Sunway,
47500 Subang Jaya, Selangor Darul Ehsan, Malaysia

+603 7492 8001