AL-SALAM REIT ANNUAL REPORT 2020
142 AL-SALĀM REIT NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 (CONT’D) 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) Remaining Fair Tenure Term of term Date of 2020 2019 value Description of property of land lease of lease Location valuation Fair value Fair value hierachy Years Years RM RM 6. QSR Properties: (cont’d) Restaurants in shopping mall x. KFC Restaurant in Freehold - - Bayan Lepas, Penang 31/12/2020 13,972,000 13,972,000 3 Queensbay Mall #*** y. KFC Restaurant Freehold - - Bayan Lepas, Penang 31/12/2020 2,842,000 2,842,000 3 Kompleks Bukit Jambul #*** z. KFC Restaurant in Leasehold 99 76 Perai, Penang 31/12/2020 2,540,000 2,674,000 3 Megamall Pinang Shopping Complex #*** aa. Pizza Hut Leasehold 99 76 Perai, Penang 31/12/2020 1,110,000 1,657,000 3 Restaurant in Megamall Pinang Shopping Complex #*** Restaurants with drive- through facility bb. Pizza Hut and KFC ##*** Leasehold 99 67 Jalan Kuchai Lama, 31/12/2020 15,000,000 15,000,000 3 Kuala Lumpur cc. Pizza Hut and KFC ##*** Leasehold 99 46 Sungai Petani, Kedah 31/12/2020 5,300,000 5,300,000 3 dd. Pizza Hut and KFC ##*** Freehold - - Senai, Johor 31/12/2020 8,600,000 8,500,000 3 ee. Pizza Hut and KFC ##*** Freehold - - Taman Damansara Aliff, 31/12/2020 12,100,000 12,100,000 3 Johor Bahru ff. Pizza Hut and KFC ##*** Freehold - - Taman Perling, Johor Bahru 31/12/2020 13,800,000 13,800,000 3 gg. Pizza Hut and KFC ##*** Freehold - - Ipoh, Perak 31/12/2020 8,700,000 8,700,000 3 hh. Pizza Hut and KFC ###*** Leasehold 96 76 Off Jalan Kepong, 31/12/2020 16,000,000 16,000,000 3 Kuala Lumpur ii. Pizza Hut and KFC ##*** Leasehold 83 65 Pusat Bandar Wangsa Maju, 31/12/2020 27,000,000 27,000,000 3 Kuala Lumpur jj. Pizza Hut and KFC ##*** Leasehold 99 90 Hang Tuah Jaya, Melaka 31/12/2020 8,700,000 8,700,000 3 kk. KFC #*** Freehold - - Bandar Seri Alam, Johor Bahru 31/12/2020 7,620,000 7,620,000 3 ll. KFC #*** Leasehold 991 892 Skudai, Johor 31/12/2020 7,900,000 7,900,000 3 mm. KFC #*** Freehold - - Georgetown, Penang 31/12/2020 24,000,000 24,000,000 3 nn. Pizza Hut and KFC #*** Freehold - - Kepala Batas, Penang 31/12/2020 6,900,000 6,900,000 3 oo. Pizza Hut and KFC #* Leasehold 99 88 Puchong Perdana, Selangor 31/12/2020 14,800,000 - 3 pp. Pizza Hut and KFC #* Freehold - - Seremban, Negeri Sembilan 31/12/2020 8,300,000 - 3 qq. KFC #* Leasehold 99 91 Jasin, Melaka 31/12/2020 4,270,000 - 3
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