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| Address | Lot 162 & 163, Jalan Tunku Ibrahim, 05000 Alor Setar, Kedah Darul Aman |
| Location |
The property is located within the Central Business District of Alor Setar where several government and commercial buildings are located, including Majlis Bandaraya Alor Setar, Bangunan KWSP, Bangunan Simpanan Nasional, Menara Sentosa and Universiti Tun Abdul Razak. Alor Setar is the capital city of Kedah and one of the region’s oldest cities. It is a distribution center for manufacturing and agricultural products such as rice. Alor Setar is also the royal town of the Kedah State. |
| Title details | Held under Master Title H.S. (D) 21920, PT 6282, H.S. (D) 21921, P.T. 6283, H.S. (D) 21922, P.T. 6284, all in Town of Alor Setar, District of Kota Setar, State of Kedah Darul Aman |
| Property type | Hotel |
| Description | A 21-storey hotel with 156-rooms with sub-basement level within a development known as City Plaza |
| Age of Property | Approximately 28 years |
| Tenure of Master Title | Leasehold for 99 years |
| Unexpired lease | Approximately 85 years (Master Title) |
| Lease period | 11.5 years commencing from February 2007 |
| Gross Floor Area | 150,000 sq.ft. |
| Net Lettable Area | Not applicable |
| Existing use | Vacant since 2018 |
| Date of acquisition | 26th February 2007 |
| Cost of acquisition | RM31,000,000 |
| Valuation as at December 2023 | RM25,000,000 |
| Valuer | First Pacific Valuers Property Consultants Sdn. Bhd. |
| Carrying Amount | RM25,000,000 |
| Master Lessee | Vacant since June 2018 |
| Occupancy rates | 0% |
| Property Manager | Knight Frank Property Management Sdn. Bhd. |
.png?width=250&height=125&name=Partnership%20section%20(420%20%C3%97%20210%20px).png "Partnership section (420 × 210 px)")
