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CapitaLand Malaysia Mall Trust
Annual Report 2015
Portfolio Details
1
The title HS(D) 17259 Lot 5626 is one of the sub-divided titles resulting from a sub-division application for the master title Geran 97112, Lot 2903
and the financing documentation for Gurney Plaza makes reference to this master title. The adjacent landscape park is on another subdivided title
which was HS(D) 17261 Lot 5628 which is now under a final title Geran 130393 Lot 5628.
2
The encumbrances pertain to the title HS(D) 17259 Lot 5626. The title Geran 130393 Lot 5628 is unencumbered.
Gurney Plaza – Title Particulars
Title
HS(D) 17259 Lot 5626 Seksyen 1, Bandar George Town, Daerah Timor
Laut, Negeri Pulau Pinang and Geran 130393 Lot 5628 Seksyen 1,
Bandar George Town, Daerah Timor Laut, Negeri Pulau Pinang
1
Tenure
Freehold
Restrictions-in-Interest
Nil
Express Conditions
The land comprised in the title:
• shall not be affected by any provision of the National Land Code (Code)
limiting the compensation payable on the exercise by the State Authority
of a right of access or use conferred by Chapter 3 of Part Three of the
Code or on the creation of a Land Administrator’s right of way; and
• subject to the implied condition that land is liable to be
re-entered if it is abandoned for more than three years shall revert to the
State only if the proprietor for the time being dies without heirs; and
• the title shall confer the absolute right to all forest produce and to all oil,
mineral and other natural deposits on or below the surface of the land
(including the right to work or extract any such produce or deposit and
remove it beyond the boundaries of the land)
Encumbrances
2
There is a lease of part of the land in favour of Parkson Corporation
Sdn. Bhd. registered on 13 October 2004 via presentation no.
0799SC2004029845 for a period of fifteen (15) years commencing from
3 August 2001 to 2 August 2016.
There is a charge on the land in favour of Public Bank Berhad vide
presentation no. 0799SC2011034916 registered on 5 October 2011.
Endorsements
An easement in favour of Gurney Plaza over the vehicle ramp of G Hotel to
enable, among other things, the visitors of Gurney Plaza to use the vehicle
ramp for the purpose of accessing Basements 1 and 2 of Gurney Plaza.
An easement in favour of Gurney Plaza over part of Basement 2 of G Hotel
to enable the owner of Gurney Plaza access to the exhaust fan room
located on Basement 2 of G Hotel.
An easement in favour of G Hotel over part of Basement 2 of Gurney Plaza
to enable G Hotel access to its car parks on Basement 2 of Gurney Plaza.
An easement in favour of G Hotel over part of the al-fresco area located
between Gurney Plaza and G Hotel.
An easement in favour of Gurney Plaza in respect of the roadway along the
main entrance of G Hotel fronting Gurney Drive.
An easement in favour of G Hotel in respect of the roadway along the main
entrance of Gurney Plaza fronting Gurney Drive.
An easement in favour of G Hotel over part of the landscape park to allow
the use of buggies, carts, trishaws or similar conveyances through over
and along part of the landscape park for the purpose of ferrying guests,
employees, luggage, baggage and the like to and from G Hotel.
An easement in favour of the landscape park over the driveway of Pine and
Maple Towers for the purpose of access to and from the landscape park.
