220 AL-SALĀM REIT NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 ANNUAL REPORT 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: Remaining Fair Tenure Term of term Date of 2023 2022 value Description of property of land lease of lease Location valuation Fair value Fair value hierarchy Years Years RM RM 1. KOMTAR JBCC ## Freehold - - Johor Bahru, Johor 31/12/2023 431,000,000 431,000,000 3 2. Menara KOMTAR ## Freehold - - Johor Bahru, Johor 31/12/2023 70,000,000 70,000,000 3 3. @Mart Kempas ## Leasehold 99 84 Johor Bahru, Johor 31/12/2023 78,000,000 76,000,000 3 4. Malaysian College Freehold - - Johor Bahru, Johor 31/12/2023 36,200,000 36,000,000 3 of Hospitality & Management (MCHM) ## 5. Mydin Hypermart Gong Leasehold 99 87 Gong Badak, 31/12/2023 151,953,706 153,183,346 3 Badak ## Terengganu 6. Retail unit Freehold - - Perai, Penang 31/12/2023 1,130,000 1,120,000 3 Megamall Pinang Shopping Complex# 7. QSR Properties: Restaurant in shop lots a. KFC restaurant ## Freehold - - Kajang, Selangor 31/12/2023 11,000,000 11,000,000 3 b. KFC restaurant ## Freehold - - Jitra, Kedah 31/12/2023 590,000 570,000 3 c. KFC restaurant ## Leasehold 93 82 Ayer Hitam, Johor 31/12/2023 2,500,000 2,300,000 3 d. KFC restaurant # Leasehold 99 68 Bayan Lepas, 31/12/2023 4,800,000 4,500,000 3 Penang e. KFC restaurant ### Leasehold 99 73 Petaling Jaya, Selangor 31/12/2023 10,000,000 10,000,000 3 f. KFC restaurant # Leasehold 74 63 Port Dickson, 31/12/2023 2,000,000 1,900,000 3 Negeri Sembilan g. KFC restaurant ## Leasehold 99 70 Kuala Perlis,Perlis 31/12/2023 590,000 590,000 3 h. PHD restaurant ## Freehold - - Ulu Tiram, Johor 31/12/2023 1,100,000 1,100,000 3 i. PHD restaurant ## Leasehold 99 63 Kota Tinggi, Johor 31/12/2023 1,000,000 960,000 3 j. KFC restaurant # Leasehold 99 59 Kepong, Kuala Lumpur 31/12/2023 7,300,000 7,300,000 3 k. KFC restaurant # Freehold - - Kampar, Perak 31/12/2023 1,700,000 1,600,000 3 l. KFC restaurant # Freehold - - Jalan Raja Laut, 31/12/2023 4,800,000 4,700,000 3 Kuala Lumpur m. KFC restaurant # Freehold - - Jalan Ipoh, Kuala Lumpur 31/12/2023 10,300,000 10,000,000 3 n. KFC restaurant # Freehold - - Ipoh, Perak 31/12/2023 2,300,000 2,200,000 3 o. KFC restaurant # Leasehold 99 77 Balai Panjang, 31/12/2023 1,200,000 1,200,000 3 Melaka p. KFC restaurant # Freehold - - Ulu Tiram, Johor 31/12/2023 2,100,000 1,800,000 3 q. KFC restaurant # Freehold - - Jalan Dato Onn 31/12/2023 4,000,000 4,000,000 3 Jaafar, Perak r. KFC restaurant # Freehold - - Senawang, 31/12/2023 1,100,000 1,000,000 3 Negeri Sembilan
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