Notes to the Financial Statements - 31 December 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 Fair value RM 2023 Fair value RM Fair value hierarchy 7. QSR Properties: Restaurant in a lots (Cont’d) Restaurants with drive- through facility ee. Pizza Hut and KFC ### Freehold - - Taman Perling, Johor Bahru 31/12/2024 - 15,100,000 3 ff. Pizza Hut and KFC ## Freehold - - Ipoh, Perak 31/12/2024 9,500,000 9,200,000 3 gg. Pizza Hut and KFC #### Leasehold 96 73 Off Jalan Kepong, Kuala Lumpur 31/12/2024 18,700,000 18,300,000 3 hh. Pizza Hut and KFC ## Leasehold 83 60 Pusat Bandar Wangsa Maju, Kuala Lumpur 31/12/2024 30,000,000 29,500,000 3 ii. Pizza Hut and KFC ## Leasehold 99 85 Hang Tuah Jaya, Melaka 31/12/2024 10,700,000 10,700,000 3 jjk. KFC # Freehold - - Bandar Seri Alam, Johor Bahru 31/12/2024 8,900,000 8,900,000 3 kk. KFC # Leasehold 991 888 Skudai, Johor 31/12/2024 9,400,000 9,400,000 3 ll. KFC # Freehold - - Georgetown, Penang 31/12/2024 26,000,000 26,000,000 3 mm.Pizza Hut and KFC # Freehold - - Kepala Batas, Penang 31/12/2024 7,900,000 7,900,000 3 nn. Pizza Hut and KFC # Leasehold 99 85 Puchong Perdana Selangor 31/12/2024 15,400,000 15,300,000 3 oo. Pizza Hut and KFC # Freehold - - Seremban Negeri Sembilan 31/12/2024 8,700,000 8,700,000 3 pp. KFC # Leasehold 99 88 Jasin, Melaka 31/12/2024 4,600,000 4,600,000 3 8. Warehouse and factory qq. Warehouse ## Freehold - - Simpang Ampat Penang 31/12/2024 1,700,000 1,600,000 3 rr. Warehouse and factory # Leasehold 99 73 Kota Kinabalu, Sabah 31/12/2024 3,000,000 3,000,000 3 ss. Warehouse ## Leasehold 99 64 Pelabuhan Klang, Selangor 31/12/2024 52,000,000 51,500,000 3 218 AL-SALĀM REIT ANNUAL REPORT 2024
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