AC HOTEL PUCHONG


Website : https://www.marriott.com/en-us/hotels/kulpc-ac-hotel-puchong/overview/
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 9 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
Parking spaces : 102 bays
Lessee : Prisma Tulin Sdn. Bhd.
Lease term : The property is leased for a term expiring on 31 March 2041.
Date of acquisition : 28 April 2025
Cost of acquisition (including incidentals) : RM40,420,000
Fair value adjustments for the financial year : RM41,000
Market value : RM56,800,000*
Date of latest valuation : 31 May 2026
Independent valuer : Knight Frank Malaysia Sdn Bhd
Net book value : RM56,800,000*
*Included renovation works amounting to RM12 million, completed during the year.