PROPOSED SHOP/OFFICE FOR RENT – SUTERA AVENUE

TERM SHEET 25TH JANUARY 2023

Client’s -

Proposed Premises Sutera Avenue, Kota Kinabalu, Sabah

Rental Rate (Gross Rental) Current condition: Bare unit

Block A, Corner Lot (Facing Coastal Highway)

Build-up area: 4,468 sq ft

Monthly rental rate: RM13,400.00

Revise rental with increment not exceeding 10% for the extended
period of the rental as may be mutually agreed between the
parties by the Landlord according to the prevailing market value.

Above mentioned rental rate shall be inclusive of service charge,

but not inclusive of any applicable service taxes.

Rent Free Renovation Period 1 month commencing from the Commencement date.
Renovation Prior to any commencement of any renovation/fit-out works
throughout the Tenancy, the Tenant shall obtain approval from the
Landlord in respect of carrying out and completing any and all fit
out works in the Demised Premises or any parts thereof and the
Tenant shall be bound by and shall strictly comply with all the rules
and regulations in relation to the local authority requirements.

The Tenant shall reinstate the Demised Premises to its original

state and condition at the expiration or sooner termination of the
Tenancy by the Tenant.

Commencement Date To be confirm

Deposits a) Security Deposit - 2 months rental

b) Utility Deposit - 1 month rental
c) Advance rental - 1 month rental (to be paid upon signing of
tenancy agreement or offer letter)

Tenancy Agreement and Stamping Borne by Tenant

Fee

Tenancy Agreement (Document Suruhanjaya Syarikat Malaysia (SSM), Director Identity Card and
Required) Company Resolutions

The above terms are strictly for discussion purpose and are subjected to the Board’s approval

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PROPOSED SHOP/OFFICE FOR RENT – SUTERA AVENUE

Further information & viewing appointment please contact

Kelly Lioo (REN 09596) Tel / WhatsApp: +6 019-811 8292

William Lioo (REN 49146) Tel / WhatsApp: +6 019-724 6678

Azmi & Co (Sabah) Sdn Bhd

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PROPOSED SHOP/OFFICE FOR RENT – SUTERA AVENUE

GENERAL PHOTOS

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