pg. 43 Approach to Value Creation Integrated Annual Report 2025 PORTFOLIO CAPITAL KOMTAR JBCC Date of acquisition: 2015 Acquisition Cost: RM462.0 million Title: GRN 44587 Tenure & Expiry Date: Freehold Encumbrance: Nil Year of Completion: 2014 Age of Building: 11 years Appraised Value: RM431.0 million (Date of valuation 31 December 2025) As Al-Salām REIT’s flagship asset, KOMTAR JBCC offers a premier 4-storey retail experience strategically situated in the IIBD, the heart of Johor Bahru City Centre’s central business district. This transit-oriented destination features a curated selection of F&B, convenience stores, grab-and-go kiosks, and beauty services expertly tailored to meet the needs of a diverse audience, including commuters, JB-Singapore workers, tourists, neighbourhood communities, and cross-border travellers. Uniquely positioned for the future of regional travel, it provides the city’s only pedestrian overhead bridge, offering a direct, seamless connection to the upcoming Bukit Chagar RTS station. Under the DISRUPT27 strategy, this landmark asset is undergoing a total rejuvenation to capitalise on its superior connectivity and establish itself as the premier lifestyle entryway for regional and local visitors alike. KOMTAR JBCC, Johor Bahru City Centre, Jalan Wong Ah Fook, Johor Bahru, Johor, Malaysia https://komtarjbcc.com.my/ info@komtarjbcc.com.my T: +60 7-267 9900 Fx: +60 7-267 9968 Land area (sqft) 230,756 GFA (sqft) 623,374 NLA (sqft) 371,888 No. of Parking Bays 1,049 No. of Tenancies 105 Value per sqft (RM) 1,159 Occupancy Rate 71% RETAIL SEGMENT
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