Address/Location : By the Golf Course, 39000 Tanah Rata, Cameron Highlands, Pahang Darul Makmur.
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 48 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 86 years.
Existing use : Commercial building
Parking spaces : 19 bays
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 : -
Market value : RM61,000,000
Date of last valuation : 31 May 2022
Independent valuer : Savills (Malaysia) Sdn Bhd
Net book value : RM61,000,000