AC HOTEL KUANTAN CITY CENTRE
(formerly Vistana Kuantan City Centre)
| Address/Location | : | Jalan Teluk Sisek, 25000 Kuantan, Pahang. |
| Property description | : | 8-storey hotel building with 215 rooms. |
| Property type | : | Hotel |
| Age | : | Approximately 21 years |
| Title details | : | Lot No. 714, Section 37 held under PN No. 13491, Town and District of Kuantan, Pahang. |
| Encumbrances/Limitation in title/ interest | : | The property is charged to secure financing and there is restriction attached to the title. |
| Status of holdings | : | 99-year leasehold expiring on 11 July 2092. The unexpired lease period is approximately 72 years. |
| Existing use | : | Commercial building |
| Parking spaces | : | 149 bays |
| Lessee | : | Business & Budget Hotels (Kuantan) 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) | : | RM75,980,000 |
| Fair value adjustments for the financial year | : | RM1,000,000 |
| Market value | : | RM90,000,000 |
| Date of last valuation | : | 31 May 2020 |
| Independent valuer | : | Azmi & Co. Sdn. Bhd. |
| Net book value | : | RM90,000,000 |