AL-SALAM REIT ANNUAL REPORT 2020

59 ANNUAL REPORT 2020 PORTFOLIO SUMMARY AND DETAILS RETAIL KOMTAR JBCC LOCATION : KOMTAR JBCC, Johor Bahru City Centre, Jalan Wong Ah Fook, Johor Bahru, Johor Bahru, DESCRIPTION : A 4-Level Shopping Mall YEAR OF COMPLETION : 2014 TITLE : Geran No. 44587 TENURE : Freehold ENCUMBRACES : Private caveat to RHB Islamic Bank Berhad MARKET VALUE : RM432,000,000 DATE OF LATEST VALUATION : 31 December 2020 @MART KEMPAS LOCATION : Premises No. 10, Jalan Persiaran Tanjung, Taman Cempaka 81200 Johor Bahru, Johor DESCRIPTION : Single-Storey Community Hypermarket YEAR OF COMPLETION : 2010 TITLE : HSD 510051 TENURE : Leasehold - 99 years, expiring on 23 January 2106 ENCUMBRACES : Charged to RHB Islamic Bank Berhad MARKET VALUE : RM70,000,000 DATE OF LATEST VALUATION : 31 December 2020 MYDIN HYPERMART GONG BADAK LOCATION : Lot 52606 (Formerly PT No. 35511), Dataran Austin, Jalan Gong Pak Damat, 21200 Kuala Terengganu, Terengganu DESCRIPTION : A double storey hypermarket, each floor with a mezzanine level YEAR OF COMPLETION : 2014 TITLE : PN 10207 TENURE : Leasehold - 99 years, expiring on 26 December 2109 ENCUMBRACES : Charged to Malaysian Trustees Berhad MARKET VALUE : RM164,000,000 DATE OF LATEST VALUATION : 31 December 2020 OFFICE MENARA KOMTAR LOCATION : Menara KOMTAR, Johor Bahru City Centre, Jalan Wong Ah Fook, 80000 Johor Bahru, Johor DESCRIPTION : A 25-Storey Office Building YEAR OF COMPLETION : 1979 TITLE : Grant 44587 TENURE : Freehold ENCUMBRACES : Private caveat to RHB Islamic Bank Berhad MARKET VALUE : RM73,000,000 DATE OF LATEST VALUATION : 31 December 2020