AL-SALAM REIT ANNUAL REPORT 2017

148 AL-SALĀM REIT ANNUAL REPORT 2017 Tenure Term Remaining Date of 2017 2016 Fair Value Description of property of land of lease termof lease Location valuation Fair value Fair value hierarchy Years Years RM RM Restaurants with drive-through facility Pizza Hut and KFC Leasehold 99 69 Jln Kuchai Lama, Kuala Lumpur 31.12.2017 14,300,000 14,000,000 3 Pizza Hut and KFC Leasehold 99 48 Sungai Petani, Kedah 31.12.2017 5,200,000 5,200,000 3 Pizza Hut and KFC Freehold - - Senai, Johor 31.12.2017 8,400,000 8,400,000 3 Pizza Hut and KFC Freehold - - Tmn Damansara Aliff, Johor Bahru 31.12.2017 12,000,000 12,000,000 3 Pizza Hut and KFC Freehold - - Taman Perling, Johor Bahru 31.12.2017 13,500,000 13,270,000 3 Pizza Hut and KFC Freehold - - Ipoh, Perak 31.12.2017 8,600,000 8,600,000 3 Pizza Hut and KFC Leasehold 96 80 Off Jln Kepong, Kuala Lumpur 31.12.2017 15,500,000 15,300,000 3 Pizza Hut and KFC Leasehold 83 67 Pusat Bandar Wangsa Maju, Kuala Lumpur 31.12.2017 26,000,000 26,000,000 3 Pizza Hut and KFC Leasehold 99 92 Hang Tuah Jaya, Melaka 31.12.2017 8,300,000 8,280,000 3 Warehouse and factory Warehouse Freehold - - Simpang Ampat, Penang 31.12.2017 1,400,000 1,300,000 3 Warehouse and factory Leasehold 99 80 Kota Kinabalu, Sabah 31.12.2017 3,000,000 2,500,000 3 Warehouse Leasehold 99 71 Pelabuhan Klang, Selangor 31.12.2017 47,000,000 47,000,000 3 Warehouse and factory Leasehold 99 71 Pelabuhan Klang, Selangor 31.12.2017 27,000,000 27,000,000 3 Warehouse and factory Freehold - - Shah Alam, Selangor 31.12.2017 55,400,000 55,300,000 3 Investment properties of the Fund amounting to RM715,200,000 (2016: RM712,970,000) are charged as security for the Islamic financing facilities granted by domestic financial institutions to the Fund as mentioned in Note 16. NOTES TO THE FINANCIAL STATEMENTS - CONT’D