NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025 19. LAND HELD FOR PROPERTY DEVELOPMENT The Group 2025 2024 RM RM Freehold land At beginning of year 351,519,489 446,431,811 Additions 3,863,400 5,122,986 Reversal of provision for landowners' entitlement (756,118) - Transfer to property development costs (Note 22) (18,959,169) (100,035,308) Transfer to investment properties (Note 15) (1,555,611) - At end of year 334,111,991 351,519,489 Leasehold land At beginning of year 136,039,884 136,040,384 Additions/(Reversal) 12,500 (500) Transfer from prepayment (Note 21(h)(ii)) 37,258,624 - Land cost allocation expensed off (Note 6) (6,429,549) - Transfer to property development costs (Note 22) (3,389,547) - At end of year 163,491,912 136,039,884 Total land 497,603,903 487,559,373 Development costs At beginning of year 296,821,548 292,621,138 Additions 8,830,695 30,359,137 Development expenditure expensed off (Note 6) - (1,090,931) Transfer from prepayment (Note 21(h)(ii)) 84,483 - Transfer to investment properties (Note 15) (1,737,089) - Transfer to property development costs (Note 22) (22,678,474) (25,067,796) At end of year 281,321,163 296,821,548 Total land and development costs 778,925,066 784,380,921 Less: Accumulated impairment loss At beginning and end of year (5,460,091) (5,460,091) 773,464,975 778,920,830 PG | 244 ANNUAL REPORT 2025 MKH BERHAD
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