pg. 73 Approach to Value Creation Integrated Annual Report 2025 Date of acquisition: 2015 Acquisition Cost: RM28.2 million Title: HSD 539995, situated in Mukim Tebrau, District of Johor Bahru, Johor Tenure & Expiry Date: Freehold Encumbrance: Charged to Malaysian Trustees Berhad Year of Completion: 2010 Age of Building: 15 years Appraised Value: RM36.9 million (Date of valuation 31 December 2025) KPJ International College of Nursing and Health Sciences is a specialised four-storey academic building dedicated to nursing and health sciences. This purpose-built facility serves as a critical infrastructure asset for professional medical education, designed to support high-level clinical training and academic excellence. Strategically located in Johor Bahru, the college has consistently delivered stable earnings through a master lease arrangement with the education arm of the KPJ Group. By leveraging the robust reputation of KPJ as a preeminent leader in the healthcare industry, the property is positioned to maintain its strong track record of offering sustainable yields for Al-Salām REIT. This established partnership ensures long-term operational stability and reinforces the facility’s value as a premier institutional asset within a growing healthcare landscape. No 1, Jalan Dato’ Onn 1, Bandar Dato’ Onn, 81100, Johor Bahru, Johor https://kpju.edu.my/ infojb@kpju.edu.my +60 7-360 1907 Land area (sqft) 87,123 GFA (sqft) 92,157 NLA (sqft) 87,178 Value per sqft (RM) 423.27 Occupancy Rate 100% INDUSTRIAL & OTHERS SEGMENT KPJ INTERNATIONAL COLLEGE OF NURSING AND HEALTH SCIENCES PORTFOLIO CAPITAL
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