78
Ascott Residence Trust
Annual Report 2015
Malaysia
Ascott Reit owns one freehold serviced residence in
Kuala Lumpur. The 205-unit Somerset Ampang Kuala
Lumpur has a prime location in Jalan Ampang and is
within proximity to offices, embassies and shopping
centres. The nearby Ampang Park Light Rail Transit
station offers quick intra-city transportation.
The average length of stay at the property is about three
months.
Property
1
Units
205
Total Revenue (2015)
S$6.8 million
Total Gross Profit (2015)
S$1.7 million
Valuation as at
31 December 2015
S$56.5 million
Somerset Ampang Kuala Lumpur
Operations Review
