| Address/Location |
: |
No. 9, Jalan Lumut, Off Jalan Ipoh, 50400 Kuala Lumpur. |
| Property description |
: |
17-storey hotel building with 364 rooms and 2-storey basement car parks. |
| Property type |
: |
Hotel |
| Age |
: |
Approximately 28 years |
| Title details |
: |
Geran 33550, Lot No. 669 in Section 47, Town and District
of Kuala Lumpur, State of Wilayah Persekutuan Kuala
Lumpur. |
| Encumbrances/Limitation in title/ interest |
: |
The property is charged to secure financing and there is
no restriction attached to the title. |
| Status of holdings |
: |
Freehold |
| Existing use |
: |
Commercial building |
| Parking spaces |
: |
125 bays |
| Lessee |
: |
Prisma Tulin 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) |
: |
RM101,207,000 |
| Fair value adjustments
for the financial year |
: |
RM2,500,000 |
| Market value |
: |
RM147,000,000 |
| Date of last valuation |
: |
31 May 2023 |
| Independent valuer |
: |
Azmi & Co Sdn Bhd |
| Net book value |
: |
RM147,000,000 |
