AL-SALAM REIT ANNUAL REPORT 2022

63 ANNUAL REPORT 2022 P O R T F O LAI ON SDUDMEMTAA IRLYS 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 ENCUMBRANCES : Nil MARKET VALUE : RM431,000,000 DATE OF VALUATION : 31 December 2022 AGE OF PROPERTIES : 8 years @MART KEMPAS LOCATION : Premises No. 10, Jalan Persiaran Tanjung, Taman Cempaka 81200 Johor Bahru, Johor DESCRIPTION : Single-Storey Hypermarket YEAR OF COMPLETION : 2010 TITLE : HSD 510051 TENURE : Leasehold - 99 years, expiring on 23 January 2106 ENCUMBRANCES : Charged to Malaysian Trustees Berhad MARKET VALUE : RM76,000,000 DATE OF VALUATION : 31 December 2022 AGE OF PROPERTIES : 12 years 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 ENCUMBRANCES : Charged to Malaysian Trustees Berhad MARKET VALUE : RM170,000,000 DATE OF VALUATION : 31 December 2022 AGE OF PROPERTIES : 8 years 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 : Geran No. 44587 TENURE : Freehold ENCUMBRANCES : Nil MARKET VALUE : RM70,000,000 DATE OF VALUATION : 31 December 2022 AGE OF PROPERTIES : 43 years

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