PUCHONG HOTEL


Address/Location : No. 6, Jalan Kenari 12, Bandar Puchong Jaya, 47170 Puchong, Selangor Darul Ehsan, Malaysia.
Property description : 10-storey hotel building with 180 rooms.
Property type : Hotel
Age : Approximately 8 years
Title details : HSD 298845 for Lot No. PT 2381, Pekan Puchong Jaya,
District of Petaling, State of Selangor Darul Ehsan.
Encumbrances/Limitation in title/ interest : The property is free from encumbrances and there is no restriction attached to the title.
Status of holdings : Freehold
Existing use : Commercial building, vacant and under major renovation
Parking spaces : 102 bays
Date of acquisition : 28 April 2025
Cost of acquisition (including incidentals) : RM40,420,000
Fair value adjustments for the financial year : RM2,216,000
Market value : RM43,000,000
Date of latest valuation : 31 May 2025
Independent valuer : Knight Frank Malaysia Sdn Bhd
Net book value : RM43,000,000
Vendor : JPS Holdings Sdn Bhd