SECTION 05 pg. 70 AL-SALĀM REIT Date of acquisition: 2015 Acquisition Cost: RM1.13 million Title: GRN 149808, situated in Mukim 13, District of Seberang Perai Tengah, Pulau Pinang Tenure & Expiry Date: Freehold Encumbrance: Charged to Malaysian Trustees Berhad Year of Completion: 1997 Age of Building: 28 years Appraised Value: RM1.5 million (Date of valuation 31 December 2025) This one-and-a-half-storey corner semi-detached factory offers a versatile industrial space designed for specialised business operations. Located within Taman IKS Juru, the property is situated in a renowned hub for small and mediumsized industries, including automotive services, metal fabrication, furniture making, and food processing. Its strategic proximity to major highways and key industrial zones ensures cost-effective operations and streamlined supply chain support. No. 31, Lorong IKS Juru 3, Taman Industri Ringan Juru, 14100, Simpang Ampat, Pulau Pinang Land area (sqft) 11,926 GFA (sqft) 3,082 NLA (sqft) 3,082 Value per sqft (RM) 486.70 Occupancy Rate 100% INDUSTRIAL & OTHERS SEGMENT PORTFOLIO CAPITAL
RkJQdWJsaXNoZXIy NDgzMzc=