Hi,

Good day to all.

We refer to the queries whether or not we as the Developer of the Project provide guaranteed rental return (“GRR”) plan to the end-purchasers of the SOFO units.

We wish to clarify that there is no GRR plan provide or to be provided by us as the Developer to the end-purchasers.

However, we do aware that the respective end-purchasers as the prospective owners are entering into a tenancy agreement with a local company holding franchise/licensing agreement with Best Western hotel, known as Perfect Morning Sdn Bhd (Co. No. 1033136-P) (“the Tenant Company”). We were informed that the tenancy between the parties will commence after the Certificate of Completion and Compliance is issued.

In this regards, we wish to clarify that this is a private arrangement made between the Tenant Company and the respective end-purchasers which we as the Developer are not a party to and do not get involved in. 

We hope that the above statement answer your queries.

Thank You & Best Regards,

Meridian 101 Degree Sdn Bhd