Hariz Afandi bin Zulkhairi

APPENDIX E

Reference No. ISI(M)/V/19-118
Subject Property
Address Indkom Engineering Sdn Bhd
Land Area
Type Lot No. PT 711 Section 16, held under Title No. HSD 98497, Town of Shah Alam, District of Petaling, State of Selangor
Tenure
Tenure Expiry 11,852.00 sq.m 127,573.86 sq.ft
Date of valuation
An industrial detached plot erected with an industrial premises

Leasehold

20-Jul-2094 75.4

2-Apr-2019

Details Subject Property Comparable 1 Comparable 2 Comparable 3 Comparable 4
JPPH JPPH JPPH JPPH
Source Lot No. PT 711 Section 16,
held under Title No. HSD
Address 98497, Town of Shah Alam, PT 715, Jalan Halba 16/16, No. 2, 4 and 6, Jalan PT 363, Persiaran Budiman, No. 3, Jalan Jemuju 16/3D,
District of Petaling, State of Seksyen 16, Shah Alam Dividen 23/6, Seksyen 23, Seksyen 23, Shah Alam Seksyen 16, Shah Alam
Selangor
Shah Alam
PT 711 Sec 16
Lot No. PT 715 PT 371, 372 and 373 PT 363 PT 605
HSD 98497 PN 110153, 110154 and
Title No. HSD 98051 HSD 306479 HSD 46910
Bandar Shah Alam 110155
Mukim Petaling Bandar Shah Alam Bandar Shah Alam Bandar Shah Alam Bandar Shah Alam
District Selangor Petaling Petaling Petaling
State Selangor Petaling Selangor Selangor
Category of Land Use Industry (Perusahaan) Selangor
Express Condition Industry (Perusahaan) Industry (Perusahaan) Industry (Perusahaan) Industry (Perusahaan) Industry (Perusahaan)
Zoning/Planning Industry (Perusahaan) Industry (Perusahaan) Industry (Perusahaan) Industry (Perusahaan)
Tenure Industry Industry
Lease expiring on Leasehold Industry Leasehold industry industry
Unexpired Term 20-Jul-2094 Leasehold 9-Mar-2107 Leasehold Leasehold
75.4 tahun 20-Jul-2094 88.0 tahun 6-Feb-2102 4-Oct-2089
Land Area 11,852.00 sq.m 75.4 tahun 16,474.00 sq.m 82.9 tahun 70.6 tahun
11,458.00 sq.m 4.07 ac 22,477.00 sq.m 4,205.58 sq.m
Consideration 2.93 ac 177,324.66 sq. ft.
Date of Transaction 127,573.86 sq. ft. 2.83 ac RM26,500,000.00 5.55 ac 1.04 ac
Vendor 123,332.89 sq. ft. 24-Jun-2016 241,940.41 sq. ft. 45,268.52 sq. ft.
2-Apr-2019 RM14,923,493.00 RM23,169,637.00 RM3,785,510.00
CMD Gemilang Sdn Bhd
Purchaser 7-Dec-2017 27-Oct-2017 15-Apr-2016
RGP Warehouse Solutions
Share PKNS Sdn Bhd PKNS PKNS
Analysed Value (per sq.ft) Terasaki Electric (M) Sdn
Adjustment CWM Group Sdn Bhd ESB MTO Sdn Bhd
Time different Bhd
Time factor (per year)
RM121.00 RM149.44 RM95.77 RM83.62
Location
5.0% 1.3 years 2.8 years 1.4 years 3.0 years
Seksyen 16, Shah Alam 6.6% 13.9% 7.2% 14.8%
Seksyen 23, Shah Alam Seksyen 16, Shah Alam
Accessibility Yes Seksyen 16, Shah Alam 0.0% Seksyen 23, Shah Alam 0.0%
0.0% 0.0%
Category of Land Use Industry (Perusahaan) Yes Yes Yes Yes
0.0% 0.0% 0.0% 0.0%
Improvement Improved Industry (Perusahaan) Industry (Perusahaan)
Industry (Perusahaan) 0.0% Industry (Perusahaan) 0.0%
Zoning Industry 0.0% No 0.0% No
No 10.0% No 10.0%
Land Size 127,573.86 sq. ft. 10.0% Industry 10.0% Industry
0.0% 0.0%
Tenure Leasehold Industry 177,324.66 sq. ft. Industry 45,268.52 sq. ft.
0.0% 0.0% 0.0% -5.0%
Total Adjustments Leasehold Leasehold
Adjusted Value (per sq.ft) 123,332.89 sq. ft. 0.0% 241,940.41 sq. ft. 0.0%
0.0% 23.9% 2.5% 19.8%
RM185.11 RM100.20
Leasehold Leasehold
0.0% 0.0%
16.6% 19.7%

RM141.07 RM114.58

Analysis RM100.20 per sq.ft
Minimum RM185.11 per sq.ft
Maximum RM135.24 per sq.ft
Average RM141.07 per sq.ft
Best evidence RM140.00 per sq.ft
Adopted Value
127,573.86 sq.ft
Computation of Value RM140.00 per sq.ft
Land Area RM17,860,340.58
Adopted Value psf Say RM18,000,000.00
Land Value

Buildings Building Areas (MFA) Building Areas (AFA) Age of building

Office Building 3,417.75 sq.m 36,788 sq.ft 021.00 sq.m 226 sq.ft 22
Warehouse 5,666.85 sq.m 60,997 sq.ft 1,672.30 sq.m 18,000 sq.ft 22
Guardhouse 012.25 sq.m 22
Open shed for 132 sq.ft 106.25 sq.m 1,144 sq.ft
motorcycle 22

Total Land RM18,000,000.00
Building RM10,000,000.00
Total RM28,000,000.00

Estimated Cost per sq.ft. Cost per sq.ft. Building Value Depreciation Depreciated
Economic Life (MFA) (AFA) Building Value

60 180.00 90.00 6,642,247.40 37% 4,206,756.69
50 150.00 75.00 10,499,656.01 44% 5,879,807.37
40 40.00 20.00 55%
5,274.32 2,373.44
25
20.00 10.00 11,436.65 88% 1,372.40

10,090,309.89
Say 10,000,000.00