SECTION 05 pg. 72 AL-SALĀM REIT Date of acquisition: 2019 Acquisition Cost: RM3.5 million Title: CL 015319892, situated in District of Kota Kinabalu, Sabah Tenure & Expiry Date: Leasehold 999 years, expiring on 22nd January 2901 Encumbrance: Charged to CIMB Islamic Bank Berhad Year of Completion: 1989 Age of Building: 36 years Appraised Value: RM4.9 million (Date of valuation 31 December 2025) This three-storey corner terraced shop and office building currently accommodates a prominent KFC warehouse. The facility is strategically located within the Karamunsing commercial area, which serves as one of the major business thoroughfares in Kota Kinabalu, Sabah. The surrounding environment is predominantly commercial, characterised by a dense concentration of shopoffices, residential units, modern office buildings, and hotels. Lot 43A, Lorong Karamunsing C, Wisma KFC Sabah, Karamunsing Warehouse, 88100 Kota Kinabalu, Sabah Land area (sqft) 6,360 GFA (sqft) 15,112 NLA (sqft) 13,567 Value per sqft (RM) 361.17 Occupancy Rate 100% INDUSTRIAL & OTHERS SEGMENT PORTFOLIO CAPITAL
RkJQdWJsaXNoZXIy NDgzMzc=