| Website |
: |
https://www.cameronhighlandsresort.com/
|
| Address/Location |
: |
By the Golf Course, 39000 Tanah Rata, Cameron Highlands, Pahang Darul Makmur, Malaysia. |
| Property description |
: |
3-storey luxury resort with a 2-storey spa village block with 56 rooms and suites and a single storey building. |
| Property type |
: |
Resort |
| Age |
: |
Approximately 50 years |
| Title details |
: |
HSD 3881 for Lot No. PT 1812, Mukim of Tanah Rata, District of Cameron Highlands, State of Pahang Darul Makmur. |
| Encumbrances/Limitation in title/ interest |
: |
The property is charged to secure financing and there is no restriction attached to the title. |
| Status of holdings |
: |
99-year leasehold expiring on 9 December 2108. The unexpired lease period is approximately 84 years. |
| Existing use |
: |
Commercial building |
| Parking spaces |
: |
Nil |
| Lessee |
: |
Cameron Highlands Resort Sdn. Bhd. |
| Lease term |
: |
The property is leased for a term expiring on 14 November 2026. |
| Date of acquisition |
: |
15 November 2011 |
| Cost of acquisition (including incidentals) |
: |
RM50,649,000 |
| Fair value adjustments for the financial year |
: |
RM1,000,000 |
| Market value |
: |
RM63,000,000 |
| Date of latest valuation |
: |
31 May 2024 |
| Independent valuer |
: |
Knight Frank Malaysia Sdn Bhd |
| Net book value |
: |
RM63,000,000 |
