NOTES TO THE FINANCIAL STATEMENTS - 31 DECEMBER 2023 10. Investment properties (Cont’d) A summary of the investment properties of the Group and of the Fund, as required to be disclosed by the SC Guidelines, is as follows: Description of property Tenure of land Term of lease Years Remaining term of lease Years Location Date of valuation 2023 Fair value RM 2022 Fair value RM Fair value hierarchy KPJ Ampang Puteri Specialist Hospital ### Leasehold 99 65 Ampang 31 December 2023 137,000,000 137,000,000 3 KPJ Damansara Specialist Hospital ### Freehold - - Damansara 31 December 2023 140,000,000 138,000,000 3 KPJ Johor Specialist Hospital ### Leasehold 99 55 Johor Bahru 31 December 2023 122,000,000 122,000,000 3 KPJ Ipoh Specialist Hospital ### Freehold - - Ipoh 31 December 2023 90,000,000 89,000,000 3 KPJ Puteri Specialist Hospital Leasehold 99 30 Johor Bahru 31 December 2023 40,000,000 40,000,000 3 KPJ Selangor Specialist Hospital ### Leasehold 99 73 Shah Alam 31 December 2023 84,000,000 84,000,000 3 Kedah Medical Centre ### Freehold - - Alor Setar 31 December 2023 60,000,000 53,000,000 3 KPJ Perdana Specialist Hospital ### Leasehold 66 40 Kota Bharu 31 December 2023 40,000,000 42,000,000 3 KPJ Kuantan Care & Wellness Centre Freehold - - Kuantan 31 December 2023 16,000,000 16,500,000 3 KPJ Sentosa KL Specialist Hospital ### Freehold - - Kuala Lumpur 31 December 2023 31,000,000 31,000,000 3 KPJ Kajang Specialist Hospital ### Freehold - - Kajang 31 December 2023 57,000,000 52,000,000 3 Taiping Medical Centre #### Leasehold 99 65 Taiping 31 December 2023 22,500,000 22,500,000 3 Damai Care & Wellness Centre Leasehold 99 50 Kota Kinabalu 31 December 2023 - 12,000,000 3 KPJ International College Penang ## Freehold - - Bukit Mertajam 31 December 2023 14,000,000 14,100,000 3 Tawakkal Health Centre ### Leasehold 99 54 Kuala Lumpur 31 December 2023 46,000,000 47,400,000 3 KPJ Healthcare University, Nilai # ## Freehold - - Seremban 31 December 2023 102,000,000 102,000,000 3 KPJ Seremban Specialist Hospital #### Freehold - - Seremban 31 December 2023 160,000,000 160,000,000 3 AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2023 206 FINANCIAL STATEMENTS 1 2 3 4 5
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