6. INVESTMENT PROPERTIES (continued) (e) Fair value of the investment properties is categorised as follows: Group Level 3 2024 2023 RM9000 RM9000 Commercial buildings 2,910 2,910 The following table shows the valuation techniques used in the determination of fair values within Level 3, as well as the significant unobservable inputs used in the valuation models. Inter-relationship between significant Description of valuation Significant unobservable inputs techniques and inputs unobservable and fair value used inputs measurements Sales comparison method: Entails recent transactions and asking prices of similar property in and around the locality for comparison purposes with adjustment made for differences in location, physical characteristics, time element, if any and other relevant characteristics to arrive at the market value. Price per square foot RM134 - RM404 The estimated fair value would increase if the price per square foot is higher. (f) The aggregate future minimum lease receivable as at the end of each reporting period as follows: Group 2024 2023 RM9000 RM9000 Less than one (1) year 73 116 One (1) to two (2) years 57 10 130 126 ANNUAL REPORT 2024 HOLDINGS BERHAD Financial Statements (continued) 104
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