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Holiday Villa Alor Setar
 
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 4-star hotel with 156-rooms with sub-basement level within a development also known as City Plaza
Age of Property : Approximately 19 years
Tenure of Master Title : Leasehold for 99 years
Unexpired lease period : Approximately 93 years
Lease period : 10 years commencing from June 2006
Gross Floor Area : 150,000 sq.ft
Net lettable area : Not applicable
Existing use : A hotel under the brand name of Hotel Holiday Villa
Date of acquisition : 26th February 2007
Cost of acquisition : RM31,000,000.00
Valuation as at July 2014 : RM35,900,000.00
Valuer : Hakimi & Associate Sdn Bhd
Net Book Value : RM35,900,000.00
Master Lessee : Alor Setar Holiday Villa Sdn Bhd
Occupancy rates : 100%
Net rental (per month) : RM188,583.33
Property Manager : Malik & Kamaruzaman Property Management Sdn Bhd


Holiday Villa Langkawi
 
Address : Lot 1698, Pantai Tengah, Mukim Kedawang, 07000 Langkawi, Kedah Darul Aman
Location : The property is located along one of the most popular beach known as Pantai Tengah. Along the same stretch are other notable hotel resorts including Langkawi Beach Resort, Sunset Beach Resort, Moonlight Bay Resort, Tanjung Mali Beach Resort and Pelangi Beach Resort. Langkawi International Airport is located at about 6 km to the north of the property.

Langkawi Island is one of the premier tourist destinations in Malaysia mainly due to its duty free zone status, beautiful beaches and historical sites.
Title details : H.S. (M) 286, P.T. 344, Mukim of Kedawang, H.S. (M) 667, P.T. 107, Town of Padang Mat Sirat, all in District of Langkawi, Kedah Darul Aman
Property type : Resort Hotel
Description : A purpose-built 4-star resort hotel with 238-rooms and swimming pool and spa facilities
Age of property : Approximately 23 years
Tenure : Freehold
Unexpired lease period : Not Applicable
Lease period : 10 years commencing from July 2006
Total Land Area : 427,676 sq.ft.
Gross Floor Area : 176,590 sq.ft
Net lettable area : Not Applicable
Existing use : A resort hotel under the brand name of Hotel Holiday Villa
Parking spaces : 55 parking bays
Date of acquisition : 26th February 2007
Cost of acquisition : RM55,000,000.00
Valuation as at November 2014 : RM78,540,000.00
Valuer : Hakimi & Associate Sdn Bhd
Net Book Value : RM78,540,000.00
Master Lessee : Langkawi Holiday Villa Sdn Bhd
Occupancy rates : 100%
Net rental (per month) : RM334,583.33
Property Manager : Malik & Kamaruzaman Property Management Sdn Bhd
 
 
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