Our Portfolio
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 |