AC HOTEL IPOH
| 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 31 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 869 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 | : | RM731,000 |
| Market value | : | RM117,000,000* |
| Date of latest valuation | : | 31 May 2025 |
| Independent valuer | : | Savills (Malaysia) Sdn Bhd |
| Net book value | : | RM117,000,000* |
*Included renovation works amounting to RM55 million, completed during the year.