MKH Annual Report 2023

SINCE 1996, THIS DIVISION REPRESENTS ONE OF THE GROUP’S CONTRIBUTORS THAT MAINTAIN AN AVERAGE ANNUAL RENTAL YIELD OF 3% TO 4% FROM VARIOUS COMMERCIAL PROPERTIES LOCATED IN KAJANG AND ACROSS THE KLANG VALLEY. Our two shopping complexes located in the Kajang town centre, Plaza Metro Kajang and Metro Point Complex offer an extensive range of leisure and eatery conveniences to over 100,000 households in the Kajang community. Besides retail outlets, shop-offices, parking spaces and a 6-storey hotel, we also own factory building in China which are currently used for furniture manufacturing and rental. Other properties include commercial lands in Kajang and Semenyih that are leased to hypermarket and fast food restaurants and commercial land together with building leased to Rafflesia International School. We have a total net lettable area of approximately 430,000 sq. ft. with a good tenancy rate of more than 90%.

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