32 AL-SALĀM REIT MANAGEMENT DISCUSSION AND ANALYSIS ANNUAL REPORT 2023 RETAIL SEGMENT 2024 2025 >2026 97% 022 98% 2023 Area (%) Net Lettable % ket urt Main Court Based On 12% Inco Gros Decem 2 5% Bas ome (%) ental ss R mber 2023 % % Wet Mark Retail Kiosk Food Cou Anchor/M sed on 0% Inco Net Let Decem Bas 60 3% 3% ome (%) ttable Area mber 2023 Wet Mark Retail Kiosk Food Cou Anchor/M sed on 22% % 9 97% ket urt Main Court 0 20 40 60 80 100 0 96% 580.00 99% 2019 2020 2021 20 @Mart Kempas is a single-storey purpose-built hypermarket that has been operating since March 2011. The hypermarket is located in Kempas, Johor Bahru, surrounded by residential and commercial areas. The layout includes a fresh market, dry retail lots, a food court and promotion areas. ASSET PERFORMANCE Existing Use Community Hypermarket GFA (sq. ft.) 164,625 NLA (sq. ft.) 98,247 Number of Parking 478 car parking Bays and 221 motorcycle parking bays Market Value RM78 million Occupancy Rate 98% Tenant Mix by Trade Sector Lease Expiry Profile Average Occupancy Rate (%) @MART KEMPAS LOCATION: Kempas, Johor Bahru
RkJQdWJsaXNoZXIy NDgzMzc=