AL-SALAM REIT ANNUAL REPORT 2023

221 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 FINANCIAL STATEMENTS 10. Investment properties (cont'd.) 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 7. QSR Properties (cont'd.): Restaurant in shop lots (cont'd.) s. KFC restaurant # Freehold - - Seremban, 31/12/2023 4,400,000 4,400,000 3 Negeri Sembilan t. KFC restaurant # Leasehold 999 893 Kota Kinabalu, 31/12/2023 3,100,000 3,000,000 3 Sabah u. Pizza Hut restaurant # Leasehold 99 91 Kuching, Sarawak 31/12/2023 4,300,000 4,000,000 3 v. KFC restaurant # Leasehold 99 65 Sg Buloh, Selangor 31/12/2023 1,900,000 1,800,000 3 w. KFC restaurant # Freehold - - Jalan Hang Tuah, 31/12/2023 2,400,000 2,300,000 3 Melaka Restaurants in shopping mall x. KFC Restaurant in Freehold - - Bayan Lepas, 31/12/2023 15,300,000 14,800,000 3 Queensbay Mall # Penang y. KFC Restaurant Freehold - - Bayan Lepas, 31/12/2023 3,500,000 3,400,000 3 Kompleks Bukit Jambul # Penang z. KFC Restaurant in Freehold - - Perai, Penang 31/12/2023 2,550,000 2,550,000 3 Megamall Pinang Shopping Complex # Restaurants with drive- through facility aa. Pizza Hut and KFC ### Leasehold 99 42 Jalan Kuchai Lama, 31/12/2023 14,600,000 14,600,000 3 Kuala Lumpur bb. Pizza Hut and KFC ## Freehold - - Sungai Petani, 31/12/2023 6,100,000 6,100,000 3 Kedah cc. Pizza Hut and KFC ## Freehold - - Senai, Johor 31/12/2023 10,600,000 9,900,000 3 dd. Pizza Hut and KFC ## Freehold - - Taman Damansara 31/12/2023 13,000,000 13,000,000 3 Aliff, Johor Bahru ee. Pizza Hut and KFC ### Freehold - - Taman Perling, 31/12/2023 15,100,000 15,100,000 3 Johor Bahru ff. Pizza Hut and KFC ## Freehold - - Ipoh, Perak 31/12/2023 9,200,000 9,100,000 3 gg. Pizza Hut and KFC #### Leasehold 96 74 Off Jalan Kepong, 31/12/2023 18,300,000 17,300,000 3 Kuala Lumpur hh. Pizza Hut and KFC ## Leasehold 83 61 Pusat Bandar 31/12/2023 29,500,000 28,000,000 3 Wangsa Maju, Kuala Lumpur

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