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INVESTMENT PROPERTIES PORTFOLIO STATEMENT
As at 31 March 2012
Group
At Valuation/
Percentage of
Description of
Acquisition
Term of
Lease
Latest
Valuation
Book Value
Net Assets
Property
Date
Tenure
Lease
Expiry
Location
Valuation
(a)
Date
2012
2011
2012
2011
$’000
$’000
$’000
%
%
Business & Science Parks
The Alpha
19 Nov 2002 Leasehold
60 years
18 Nov 2062
10 Science
111,700 31 Mar 2012
111,700
111,700
2.85
3.39
Park Road
@ The Aries
19 Nov 2002 Leasehold
60 years
18 Nov 2062
51 Science
64,600 31 Mar 2012
64,600
59,900
1.65
1.82
Park Road
The Capricorn 19 Nov 2002 Leasehold
60 years
18 Nov 2062
1 Science
116,000 31 Mar 2012
116,000
113,300
2.96
3.44
Park Road
@ The Gemini
19 Nov 2002 Leasehold
60 years
18 Nov 2062
41 Science
127,000 31 Mar 2012
127,000
117,000
3.24
3.55
Park Road
17 Changi
19 Nov 2002 Leasehold
60 years
(c)
15 Dec 2058
(c)
17 Changi
69,000 31 Mar 2012
69,000
68,300
1.76
2.08
Business Park
Business Park
Central 1
Central 1
@ Ultro Building
30 Oct 2003 Leasehold
60 years
(c)
31 Jan 2061
(c)
1 Changi
41,000 31 Mar 2012
41,000
40,300
1.05
1.22
Business Park
Avenue 1
# Telepark
02 Mar 2005 Leasehold
99 years
01 Apr 2091
5 Tampines
250,000 31 Mar 2012
250,000
249,900
6.39
7.59
Central 6
@ Techquest
05 Oct 2005 Leasehold
60 years
15 Jun 2055
7 International
25,000 31 Mar 2012
25,000
25,000
0.64
0.76
Business Park
@ PSB Science
18 Nov 2005 Leasehold
95.5 years 30 Jun 2080
1 Science
75,000 31 Mar 2012
75,000
75,000
1.92
2.28
Park Building
Park Drive
13 International 10 Oct 2006 Leasehold
60 years
(c)
15 Jul 2064
(c)
13 International 28,400 31 Mar 2012
28,400
28,400
0.73
0.86
Business Park
Business Park
@ iQuest @ IBP
12 Jan 2007 Leasehold
60 years
(c)
30 Nov 2055
(c)
27 International 37,000 31 Mar 2012
37,000
36,600
0.94
1.11
Business Park
Hansapoint @
22 Jan 2008 Leasehold
60 years
(c)
31 Oct 2066
(c)
10 Changi
83,500 31 Mar 2012
83,500
83,500
2.13
2.54
CBP
Business Park
Central 2
Acer Building
19 Mar 2008 Leasehold
60 years
(c)
30 Apr 2066
(c)
29 International 88,600 31 Mar 2012
88,600
88,600
2.26
2.69
Business Park
Science Hub
26 Mar 2008 Leasehold
60 years
25 Mar 2068
87 & 89 Science 86,000 31 Mar 2012
86,000
71,000
2.20
2.16
& Rutherford
Park Drive
31 International 26 Jun 2008 Leasehold
60 years
(c)
15 Dec 2054
(c)
31 International 218,000 31 Mar 2012
218,000
218,000
5.57
6.62
Business Park
Business Park
Balance carried forward – (Business & Science Parks)
1,420,800
1,420,800
1,386,500
36.29
42.12
The accompanying notes form an integral part of these fnancial statements.
125
A DECADE OF ENABLING BUSINESSES
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