| Property
description |
: |
110 units of serviced apartments, 4 units of penthouses,
4 levels of commercial podium, 1 level of facilities deck and 3 levels of basement car parks |
| Address |
: |
Lot 1308, Jalan Yap Tai Chi, Seksyen 67 Off Jalan Imbi, 55100 Kuala Lumpur
|
| Property
type |
: |
Serviced
apartments |
| Title |
: |
Freehold |
| Age
of building |
: |
Approximately
6 years |
| Valuation |
: |
In 2007, the Trust acquired part of The Residences, comprising 60 units of serviced apartments,
4 levels of commercial podium, 1 level of facilities deck and 2 levels of car parks, which have an approved valuation of RM145,000,000.
On 15 November 2011, the Trust completed its acquisition of the remaining 50 units of services apartments, 4 units of penthouses and 1 level
of car parks, which have an approved valuation of RM73,500,000.
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The Residences at The Ritz-Carlton, Kuala Lumpur,
comprise luxury serviced apartments in a 38-storey tower block adjacent to The Ritz-Carlton,
Kuala Lumpur, located in the heart of Kuala Lumpur's Golden Triangle. Operated and fitted
in a manner similar to hotel room standards, these serviced apartments provide the added
advantage of hotel services with the flexibility and space of a home, and have been
growing in popularity both internationally and in Kuala Lumpur in recent years.
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