Page 125 - ar2013.pdf

ANNUAL REPORT FY12/13 121
Group
Percentage of
Description of Acquisition Term of Lease Latest Valuation Carrying Amount Net Assets
Property Date Tenure Lease Expiry Location Valuation(a) Date 2013 2012 2013 2012
$’000 $’000 $’000 % %
Light Industrial Properties
@ Techplace I 19 Nov 2002 Leasehold 65 years 31 Mar 2052 Blk 4008-4012
Ang Mo Kio
Avenue 10
134,300 31 Mar 2013 134,300 126,440 2.88 3.23
+ Techplace II 19 Nov 2002 Leasehold 65 years 31 Mar 2052 Blk 5000-5014
Ang Mo Kio
Avenue 5
190,460 31 Mar 2013 190,460 162,220 4.09 4.14
OSIM
Headquarters
20 Jun 2003 Leasehold 60 years 09 Mar 2057 65 Ubi
Avenue 1
40,980 31 Mar 2013 40,980 40,810 0.88 1.04
@ Ghim Li Building 13 Oct 2003 Leasehold 60 years (c) 28 Feb 2055 (c) 41 Changi
South
Avenue 2
12,700 31 Mar 2013 12,700 15,250 0.27 0.39
# Progen Building 29 Jul 2004 Leasehold 60 years (c) 15 Jan 2056 (c) 12 Woodlands
Loop
25,610 31 Mar 2013 25,610 24,200 0.55 0.62
# SB Building 26 Nov 2004 Leasehold 60 years (c) 30 Sep 2057 (c) 25 Changi
South Street 1
23,470 31 Mar 2013 23,470 22,610 0.50 0.58
# 247 Alexandra
Road
01 Dec 2004 Leasehold 99 years 25 Sep 2051 247 Alexandra
Road
64,700 31 Mar 2013 64,700 60,500 1.39 1.54
+@ 5 Tai Seng Drive 01 Dec 2004 Leasehold 60 years 30 Nov 2049 5 Tai Seng
Drive
18,760 31 Mar 2013 18,760 16,980 0.40 0.43
# Volex Building 01 Dec 2004 Leasehold 60 years (c) 31 Jan 2052 (c) 35 Tampines
Street 92
13,010 31 Mar 2013 13,010 12,570 0.28 0.32
# 53 Serangoon
North Avenue 4
27 Dec 2004 Leasehold 60 years (c) 30 Nov 2055 (c) 53 Serangoon
North Avenue 4
12,700 31 Mar 2013 12,700 11,400 0.27 0.29
3 Tai Seng Drive 01 Apr 2005 Leasehold 60 years 30 Nov 2049 3 Tai Seng
Drive
18,960 31 Mar 2013 18,960 18,500 0.41 0.47
# 27 Ubi Road 4 01 Apr 2005 Leasehold 60 years (c) 31 Oct 2055 (c) 27 Ubi Road 4 11,850 31 Mar 2013 11,850 11,830 0.25 0.30
# 52 Serangoon
North Avenue 4
04 Apr 2005 Leasehold 60 years (c) 15 Sep 2055 (c) 52 Serangoon
North Avenue 4
22,800 31 Mar 2013 22,800 21,700 0.49 0.55
# Hyflux Building 04 Apr 2005 Leasehold 60 years 15 Jan 2041 202 Kallang
Bahru
22,500 31 Mar 2013 22,500 22,225 0.48 0.57
Weltech Building 16 May 2005 Leasehold 60 years (c) 29 Feb 2056 (c) 25 Ubi Road 4 11,380 31 Mar 2013 11,380 11,000 0.24 0.28
@ BBR Building 21 Jun 2005 Leasehold 60 years (c) 15 Sep 2057 (c) 50 Changi
South Street 1
10,490 31 Mar 2013 10,490 10,160 0.23 0.26
@ Tampines
Biz-Hub
05 Oct 2005 Leasehold 60 years (c) 30 Nov 2049 (c) 11 Tampines
Street 92
18,900 31 Mar 2013 18,900 19,000 0.41 0.49
@ 84 Genting Lane 05 Oct 2005 Leasehold 43 years (h) 30 Nov 2039 (h) 84 Genting
Lane
14,700 31 Mar 2013 14,700 13,360 0.32 0.34
@ Hoya Building 05 Oct 2005 Leasehold 30 years 15 May 2033 455A Jalan
Ahmad
Ibrahim
7,910 31 Mar 2013 7,910 7,370 0.17 0.19
@ NNB Industrial
Building
05 Oct 2005 Leasehold 60 years (c) 15 Jan 2056 (c) 10 Woodlands
Link
16,560 31 Mar 2013 16,560 15,820 0.35 0.40
@ 37A Tampines
Street 92
01 Dec 2005 Leasehold 60 years (c) 30 Jun 2054 (c) 37A Tampines
Street 92
16,100 31 Mar 2013 16,100 14,840 0.35 0.38
Hamilton
Sundstrand
Building
09 Dec 2005 Leasehold 60 years (c) 28 Feb 2065 (c) 11 Changi
North Rise
38,310 31 Mar 2013 38,310 37,075 0.82 0.95
@ Thales Building
(I&II)
03 Jan 2006
&
20 Mar 2008
Leasehold 42 years (i) 30 Jun 2047 (i) 21 Changi
North Rise
9,290 31 Mar 2013 9,290 9,020 0.20 0.23
Balance carried forward – (Light Industrial Properties) 756,440 756,440 704,880 16.23 17.99
Investment Properties Portfolio Statement
As at 31 March 2013
The accompanying notes form an integral part of these financial statements.