| Website |
: |
https://www.marriott.com/en-us/hotels/kulka-ac-hotel-kuala-lumpur/overview/
|
| Address/Location |
: |
No. 9, Jalan Lumut, Off Jalan Ipoh, 50400 Kuala Lumpur, Malaysia. |
| Property description |
: |
17-storey hotel building with 364 rooms and 2-storey basement car parks. |
| Property type |
: |
Hotel |
| Age |
: |
Approximately 29 years |
| Title details |
: |
Grant No. 33550 for Lot No. 669, Section 47, 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 |
: |
144 bays |
| Lessee |
: |
Prisma Tulin 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) |
: |
RM101,207,000 |
| Fair value adjustments for the financial year |
: |
RM2,035,000 |
| Market value |
: |
RM165,000,000 |
| Date of latest valuation |
: |
31 May 2024 |
| Independent valuer |
: |
Azmi & Co Sdn Bhd |
| Net book value |
: |
RM165,000,000 |
