pg. 71 Approach to Value Creation Integrated Annual Report 2025 Date of acquisition: 2015 Acquisition Cost: RM2.3 million Title: County Lease 015680663, situated in District of Kota Kinabalu, Sabah Tenure & Expiry Date: Leasehold 99 years, expiring on 31st December 2096 Encumbrance: Not verified Year of Completion: 1999 Age of Building: 26 years Appraised Value: RM3.1 million (Date of valuation 31 December 2025) This one-and-a-half-storey semi-detached factory offers a versatile industrial footprint designed to accommodate both production and administrative functions. The property is strategically located within Kawasan MIEL, KKIP Selatan, situated along the eastern side of the Jalan Sepanggar main road in the Kota Kinabalu Industrial Park. This prime location is part of a sophisticated zone designated for general light and medium industry, alongside commercial, residential, and institutional uses. Furthermore, the surrounding area incorporates tourism, recreational spaces, and a nature park, providing a unique and diverse environment that supports a wide range of economic and community-focused activities. Lot 5, Lorong Tembaga 3, Kawasan MIEL, Kota Kinabalu Industrial Park, 88450, Kota Kinabalu, Sabah Land area (sqft) 21,979 GFA (sqft) 12,982 NLA (sqft) 12,982 Value per sqft (RM) 238.79 Occupancy Rate 100% INDUSTRIAL & OTHERS SEGMENT PORTFOLIO CAPITAL
RkJQdWJsaXNoZXIy NDgzMzc=