174 AL-SALĀM REIT ANNUAL REPORT 2023 F&B RESTAURANTS - DRIVE THROUGH OUTLETS Location : No. 5, Jalan Persiaran Jaya 1, Taman Mutiara Rini, 81300 Skudai, Johor Description : KFC Restaurant with drive through facility Year of Completion :2015 Title : No. PN 64752, Lot 150752 Mukim of Pulai, District of Johor Bahru, State of Johor Tenure : 991 years leasehold expired on 4th September 2911 Encumbrances : Charged to CIMB Islamic Bank Berhad Market Value :RM9,400,000 Date of Latest Valuation : 31 December 2023 Age of Property : 8 years Location : Lot 383044, Jalan Kuala Kangsar, Taman Tasek Mutiara, 31400 Ipoh, Perak Description : Pizza Hut Restaurant and KFC Restaurant with Drive Through Facility Year of Completion :2011 Title : GRN 140646, Mukim of Hulu Kinta, District of Kinta, Ipoh Perak Tenure :Freehold Encumbrances : Charged to Malaysian Trustees Berhad Market Value :RM9,200,000 Date of Latest Valuation : 31 December 2023 Age of Property : 12 years Location : Lot 14083, Jalan Kuchai Lama, 58200 Kuala Lumpur Description : Pizza Hut Restaurant and KFC Restaurant with Drive Through Facility Year of Completion :2008 Title : PN1421 Mukim of Petaling , District of Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Tenure : Leasehold 99 years expiring on 8 February 2064 Encumbrances : Charged to Bank Islam Malaysia Berhad Market Value :RM14,600,000 Date of Latest Valuation : 31 December 2023 Age of Property : 15 years Location : Lot 59060, Jalan Prima 1, Metro Prima, Off Jalan Kepong, 52100 Kuala Lumpur Description : Pizza Hut Restaurant and KFC Restaurant with Drive Through Facility Year of Completion :2005 Title : PN33135, Mukim of Batu, District of Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Tenure : Leasehold 96 years expiring on 28 April 2096 Encumbrances : Charged to RHB Islamic Bank Berhad Market Value :RM18,300,000 Date of Latest Valuation : 31 December 2023 Age of Property : 18 years PORTFOLIO SUMMARY AND DETAILS
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