Al-`Aqar Healthcare REIT Annual Report 2021

MANAGEMENT DISCUSSION AND ANALYSIS FAIR VALUE OF INVESTMENT PROPERTIES FY2020 FY2021 RM’000 RM’000 Investment properties At 1 January 1,569,814 1,534,501 Enhancements 2,400 - Effect of foreign currency exchange differences 10,059 (1,827) (Loss)/Gain on fair value of investment properties (47,772) 5,536 Total investment properties as at 31 December 1,534,501 1,538,210 FY2020 FY2021 Fair Value Fair Value Description of property RM’000 RM’000 KPJ Ampang Puteri Specialist Hospital 137,000 137,000 KPJ Damansara Specialist Hospital 135,000 138,000 KPJ Johor Specialist Hospital 122,000 122,000 KPJ Ipoh Specialist Hospital 77,000 89,000 KPJ Puteri Specialist Hospital 42,000 40,000 KPJ Selangor Specialist Hospital 82,000 84,000 Kedah Medical Centre 52,000 52,500 KPJ Perdana Specialist Hospital 42,120 42,000 Kuantan Care & Wellness Centre 20,400 16,800 KPJ Sentosa KL Specialist Hospital 30,500 31,000 KPJ Kajang Specialist Hospital 51,900 52,000 Taiping Medical Centre 10,000 10,000 Damai Care & Wellness Centre 14,100 11,000 KPJ International College, Penang 15,400 14,600 Tawakkal Health Centre 48,800 48,000 KPJ Healthcare University College, Nilai 106,500 102,000 KPJ Seremban Specialist Hospital 69,200 75,000 KPJ Penang Specialist Hospital 64,000 65,000 KPJ Tawakkal Specialist Hospital 139,800 139,000 KPJ Haemodialysis Kluang 4,700 4,700 KPJ Klang Specialist Hospital 104,800 104,000 KPJ Batu Pahat Specialist Hospital 80,000 80,000 Jeta Gardens Aged Care & Retirement Village 88,125 86,298 TOTAL PORTFOLIO - based on valuation report 1,537,345 1,543,898 Less: Unbilled rental income (2,844) (5,688) Total Portfolio Properties as at 31 December 1,534,501 1,538,210 AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2021 044

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