| Website |
: |
https://www.marriott.com/en-us/hotels/iphac-ac-hotel-ipoh/overview/
|
| Address/Location |
: |
No. 88, Jalan Sultan Abdul Jalil, 30450 Ipoh, Perak Darul Ridzuan, Malaysia. |
| Property description |
: |
13-storey hotel building with 291 rooms. |
| Property type |
: |
Hotel |
| Age |
: |
Approximately 32 years |
| Title details |
: |
PN 101774 for Lot 8633N in Bandar Ipoh (U), District of Kinta, State of Perak Darul Ridzuan. |
| Encumbrances/Limitation in title/ interest |
: |
The property is free from encumbrances and there is no restriction attached to the title. |
| Status of holdings |
: |
999-year leasehold expiring on 21 September 2894. The unexpired lease period is approximately 868 years. |
| Existing use |
: |
Commercial building |
| Parking spaces |
: |
194 bays |
| Lessee |
: |
Prisma Tulin Sdn. Bhd. |
| Lease term |
: |
The property is leased for a term expiring on 31 March 2040. |
| Date of acquisition |
: |
8 April 2024 |
| Cost of acquisition (including incidentals) |
: |
RM55,687,000 |
| Fair value adjustments for the financial year |
: |
- |
| Market value |
: |
RM117,000,000 |
| Date of latest valuation |
: |
31 May 2026 |
| Independent valuer |
: |
Knight Frank Malaysia Sdn Bhd |
| Net book value |
: |
RM117,000,000 |
