| (Parcel 1) |
|
|
| Address/Location |
: |
No. 168, Jalan Imbi, 55100 Kuala Lumpur. |
| Property description |
: |
60 units of hotel suites, 4 levels of commercial
podium, 1 level of facilities deck and 2 levels
of basement car parks, all located on part of
a 38-storey block. |
| Property type |
: |
Serviced apartment |
| Age |
: |
Approximately 17 years |
| Title details |
: |
Grant No. 47693 for Lot No. 1308 Section 67, 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 |
: |
Total combined 189 bays from Parcel 1 and Parcel 2. |
| Lessee |
: |
Star Hill Hotel Sdn. Bhd. |
| Lease term |
: |
The property is leased for a term expiring on 30 June 2031. |
| Date of acquisition |
: |
16 May 2007 |
| Cost of acquisition(including incidentals) |
: |
RM125,000,000 |
| Fair value adjustments
for the financial year |
: |
RM1,986,000 |
| Market value |
: |
RM216,000,000 |
| Date of last valuation |
: |
31 May 2022 |
| Independent valuer |
: |
Savills (Malaysia) Sdn Bhd |
| Net book value |
: |
RM216,000,000 |
|
|
|
| (Parcel 2) |
|
|
| Address/Location |
|
No. 168, Jalan Imbi, 55100 Kuala Lumpur. |
| Description |
: |
50 units of hotel suites, 4 units of
penthouses and 1 level of basement car
park, all located on part of a 38-storey
block. |
| Property type |
: |
Serviced apartment |
| Age |
: |
Approximately 17 years |
| Title details |
: |
Grant No. 47693 for Lot No. 1308 Section 67, 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 |
: |
Total combined 189 bays from Parcel 1 and Parcel 2. |
| Lessee |
: |
Star Hill Hotel Sdn. Bhd. |
| Lease term |
: |
The property is leased for a term expiring on 30 June 2031. |
| Date of acquisition |
: |
15 November 2011 |
| Cost of acquisition(including incidentals) |
: |
RM73,881,000 |
| Fair value adjustments for the financial year |
: |
RM1,900,000 |
| Market value |
: |
RM105,000,000 |
| Date of last valuation |
: |
31 May 2022 |
| Independent valuer |
: |
Savills (Malaysia) Sdn Bhd |
| Net book value |
: |
RM105,000,000 |
