Tropicana Corporation Berhad Annual Report 2020
Title Reference Purpose/ Existing Use Tenure Year of Acquisition/ Year of Completion* Approx. Age of Building (Years) Land Area Approx. (Acres) Built-up Area/Net Lettable Area (Sq Ft) Fair Value/ Carrying Amount @ 31 Dec 2020 (RM’Million) Revaluation Value (RM’Million) Date of Revaluation TROPICANA PARKING SDN BHD Part of PN 97674, Lot 89556, Bandar Damansara, Daerah Petaling, Selangor A stratified office Lot accessorised with 1,223 car park bays within Tropicana Avenue Leasehold (99 years) expiring on 22.09.2109 2016* 4 5.73 – 36.00 36.00 Dec-20 TROPICANA PROPERTIES (SABAH) SDN BHD CL 015106377, Daerah Kota Kinabalu, Sabah (i) TL 017511830, (ii) TL 017511849, (iii) CL 015105674 and (iv) CL 015138860, Daerah Kota Kinabalu, Sabah CL 015562348, Daerah Kota Kinabalu, Sabah 3-Storey commercial building with basement 4-Storey commercial building known as Moretune 4-Storey commercial building known as Magma Leasehold (999 years) expiring on 30.12.2914 Leasehold (999 years) expiring on (i),(ii) & (iii)31.12.2913 (iv)31.12.2908 Leasehold (999 years) expiring on 26.08.2916 2012 2012 2012 9 10 23 0.23 0.86 0.45 17,709 27,288 17,137 8.00 12.00 8.00 8.00 12.00 8.00 Dec-20 Dec-20 Dec-20 TROPICANA PROPERTIES (SANDAKAN) SDN BHD (i) Suburban Lease 077902179, (ii) TL 077555081 and (iii) TL 077555161, Daerah Sandakan, Sabah 3-Storey commercial building Leasehold (999 years) expiring on (i)01.04.2893 (ii)&(iii)31.12.2910 2012 10 1.88 32,637 11.50 11.50 Dec-20 TROPICANA RAHANG DEVELOPMENT SDN BHD GRN 233167, Lot 23858, Daerah Seremban, Negeri Sembilan Land held for investment Freehold 2012 – 2.42 – 4.80 4.84 Mar-12 TROPICANA RESIDENCES SDN BHD GRN 51952, Lot 194, Seksyen 58, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan Hotel development known as W Kuala Lumpur Freehold 2018* 2 0.53 – 284.25 – – TROPICANA RHYTHM CREST SDN BHD H.S.(D) 552, Lot 2224; H.S.(D) 553, Lot 2225; H.S.(D) 566, Lot 2238; H.S.(D) 567, Lot 2239; and H.S.(D) 568, Lot 2240, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Freehold 2019 – 25.00 – 39.62 50.11 Feb-19 As at 31 December 2020 LIST OF PROPERTIES Title Reference Purpose/ Existing Use Tenure Year of Acquisition/ Year of Completion* Approx. Age of Building (Years) Land Area Approx. (Acres) Built-up Area/Net Lettable Area (Sq Ft) Fair Value/ Carrying Amount @ 31 Dec 2020 (RM’Million) Revaluation Value (RM’Million) Date of Revaluation TROPICANA SANCTUARY DEVELOPMENT SDN BHD H.S.(D) 436855, PT MLO 348; and H.S.(D) 436856, PT MLO 349, Mukim Jelutong, Daerah Johor Bahru, Johor Land held for future development Leasehold 2018 – 329.15 – 83.49 645.00 Feb-19 TROPICANA SCENIC DEVELOPMENT SDN BHD H.S.(D)15092, PTD15193, Mukim Jeram Batu, Daerah Pontian, Johor Land held for future development Freehold 2019 – 3.65 – 6.59 – – TROPICANA SERI ALIRAN SDN BHD GRN 323064, Lot 8322, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 10.00 – 20.69 – – TROPICANA SERI BAKAT SDN BHD GRN 323065, Lot 8328, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 16.90 – 34.52 – – TROPICANA SERI DAMAI SDN BHD GRN 323067, Lot 8325, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 2.88 – 6.30 – – TROPICANA SERI DUTAAN SDN BHD GRN 323056, Lot 8311, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for investment Freehold 2020 – 3.01 – 10.00 10.00 Dec-20 TROPICANA SERI FAUNA SDN BHD GRN 323069, Lot 8327, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 5.27 – 10.68 – – TROPICANA SERI IRAMA SDN BHD GRN 323068, Lot 8326, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 1.99 – 3.99 – – TROPICANA SERI JALUR SDN BHD GRN 323059, Lot 8314; and GRN 323060, Lot 8315, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 4.09 – 8.41 – – TROPICANA SERI JUTAAN SDN BHD GRN 323053, Lot 8299, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 8.87 – 18.28 – – TROPICANA SERI MERANTI SDN BHD GRN 323062, Lot 8317, Mukim Batang Kali, Daerah Ulu Selangor, Selangor Land held for future development Freehold 2020 – 9.87 – 20.15 – – ANNUAL REPORT 2020 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 308 309
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