FINANCIAL STATEMENT & OTHER INFORMATION 180 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 Al-`Aqar Healthcare REIT | Annual Report 2024 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: (cont’d.) Description of property Tenure of land Term of lease Years Remaining term of lease Years Location Date of valuation 2024 air value RM 2023 Fair value RM Fair value hierarchy KPJ Tawakkal KL Specialist Hospital### Freehold - - Kuala Lumpur 31 December 2024 141,000,000 139,000,000 3 KPJ Haemodialysis Kluang Leasehold 99 77 Kluang 31 December 2024 5,000,000 4,800,000 3 KPJ Klang Specialist Hospital ### Leasehold 99 69 Klang 31 December 2024 106,000,000 104,000,000 3 KPJ Batu Pahat Specialist Hospital# Freehold - - Batu Pahat 31 December 2024 67,085,406 68,450,245 3 KPJ Pasir Gudang Specialist Hospital#### Leasehold 99 85 Pasir Gudang 31 December 2024 91,000,000 90,000,000 3 Total for the Fund 1,645,085,406 1,632,750,245 Jeta Gardens Aged Care & Retirement Village Freehold - - Queensland 31 December 2024 9,316,015 10,470,090 3 Total for the Group 1,654,401,421 1,643,220,335 # The investment properties amounting to RM107,185,406 (2023: RM110,450,245) are used to secure against Commodity Murabahah Term Financing-i (“CMTF-i”) issued by the Fund as disclosed in Note 17. The amount of RM107,185,406 represents the fair value of KPJ Batu Pahat Specialist Hospital and KPJ Healthcare University College, Nilai New Building (residential) amounting to RM67,085,406 (2023: RM68,450,245) and RM40,100,000 (2023: RM42,000,000) respectively. ## The investment properties amounting to RM75,900,000 (2023: RM74,000,000) are used to secure against Commodity Murabahah Term Financing-II (“CMTF-ii”) issued by the Fund as disclosed in Note 17. The amount of RM75,900,000 represents the fair value of KPJ International College, Penang and KPJ Healthcare University College, Nilai New Building (commercial) amounting to RM14,000,000 (2023: RM14,000,000) and RM61,900,000 (2023: RM60,000,000) respectively. ### The investment properties amounting to RM1,128,000,000 (2023: RM1,115,000,000) are used to secure against Commodity Murabahah Term Financing-III (“CMTF-iii”) issued by the Fund as disclosed in Note 17. #### The investment properties amounting to RM273,000,000 (2023: RM272,500,000) are used to secure against Revolving Credit-i (“RC - I”) and Term Financing-i (“TF - I”) issued by the Fund as disclosed in Note 17. * Based on valuation carried out by independent professional valuer, Rahim & Co.
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