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
%
%
Hi-Tech Industrial Properties
Techlink
19 Nov 2002 Leasehold 60 years 24 Sep 2053
31 Kaki Bukit
112,200 31 Mar 2012
112,200
103,600
2.87
3.15
Road 3
Siemens Center
12 Mar 2004 Leasehold 60 years
(c)
15 Dec 2061
(c)
60 MacPherson 101,100 31 Mar 2012
101,100
92,300
2.58
2.80
Road
# Infneon Building 01 Dec 2004 Leasehold 47 years
(e)
30 Jun 2050
(e)
8 Kallang Sector 71,300 31 Mar 2012
71,300
68,800
1.82
2.09
# Techpoint
01 Dec 2004 Leasehold 65 years
31 Mar 2052
10 Ang Mo Kio 134,000 31 Mar 2012
134,000
121,100
3.42
3.68
Street 65
# Wisma Gulab
01 Dec 2004 Freehold Freehold
-
190 MacPherson 66,810 31 Mar 2012
66,810
63,600
1.71
1.93
Road
# KA Centre
02 Mar 2005 Leasehold 99 years 31 May 2058
150 Kampong
36,000 31 Mar 2012
36,000
31,300
0.92
0.95
Ampat
# KA Place
02 Mar 2005 Leasehold 99 years 31 May 2058
159 Kampong
16,800 31 Mar 2012
16,800
14,400
0.43
0.44
Ampat
# Kim Chuan
02 Mar 2005 Leasehold 99 years 30 Mar 2091
38 Kim Chuan 134,690 31 Mar 2012
134,690
134,000
3.44
4.07
Telecommunications
Road
Complex
@ Pacifc Tech
01 Jul 2005 Leasehold 99 years 31 Dec 2061
1 Jalan Kilang
81,300 31 Mar 2012
81,300
75,500
2.08
2.29
Centre
Timor
Techview
05 Oct 2005 Leasehold 60 years
08 Jul 2056
1 Kaki Bukit View 110,000 31 Mar 2012
110,000
98,300
2.81
2.99
@ 1 Jalan Kilang
27 Oct 2005 Leasehold 99 years 31 Dec 2061
1 Jalan Kilang
24,800 31 Mar 2012
24,800
22,400
0.63
0.68
30 Tampines
15 Nov 2005 Leasehold 60 years
(c)
31 Dec 2063
(c)
30 Tampines
30,220 31 Mar 2012
30,220
28,300
0.77
0.86
Industrial
Industrial
Avenue 3
Avenue 3
@ 50 Kallang
27 Feb 2006 Leasehold 60 years
(c)
15 Nov 2055
(c)
50 Kallang
39,600 31 Mar 2012
39,600
36,900
1.01
1.12
Avenue
Avenue
@ 138 Depot Road
15 Mar 2006 Leasehold 60 years
(c)
30 Nov 2064
(c)
138 Depot Road 65,070 31 Mar 2012
65,070
64,000
1.66
1.94
@ 2 Changi
01 Feb 2007 Leasehold 60 years
(c)
15 Oct 2057
(c)
2 Changi
33,770 31 Mar 2012
33,770
32,900
0.86
1.00
South Lane
South Lane
CGG Veritas Hub 25 Mar 2008 Leasehold 60 years
(c)
31 Dec 2066
(c)
9 Serangoon
20,960 31 Mar 2012
20,960
19,700
0.54
0.60
North Avenue 5
38A Kim
11 Dec 2009 Leasehold 99 years 30 Mar 2091
38A Kim
113,080 31 Mar 2012
113,080
107,700
2.89
3.27
Chuan Road
Chuan Road
Corporation
08 Dec 2011 Leasehold 60 years 30 Sep 2050
2 Corporation
110,000 31 Mar 2012
110,000
-
2.81
-
Place
Road
Total (Hi-Tech Industrial Properties)
1,301,700
1,301,700
1,114,800
33.25
33.87
INVESTMENT PROPERTIES PORTFOLIO STATEMENT
As at 31 March 2012
The accompanying notes form an integral part of these fnancial statements.
127
A DECADE OF ENABLING BUSINESSES