Page 135 - ar2014

ANNUAL REPORT FY13/14 131
INVESTMENT PROPERTIES PORTFOLIO STATEMENT
As at 31 March 2014
Percentage of
Net Assets
Description
of Property
Acquisition
Date Tenure
Term of
Lease
Lease
Expiry Location
Latest
Valuation(a)
Valuation
Date
Carrying Amount
2014 2013 2014 2013
$’000 $’000 $’000 % %
Hi-Specifcations Industrial Properties
Techlink 19 Nov 2002 Leasehold 60 years 24 Sep 2053 31 Kaki Bukit
Road 3
112,200 31 Mar 2014 112,200 112,200 2.31 2.41
Siemens
Centre
12 Mar 2004 Leasehold 60 years(d) 15 Dec 2061(d) 60
MacPherson
Road
102,400 31 Mar 2014 102,400 101,200 2.11 2.17
# Infneon
Building
01 Dec 2004 Leasehold 47 years(f) 30 Jun 2050(f) 8 Kallang
Sector
81,000 31 Mar 2014 81,000 72,400 1.67 1.55
# Techpoint 01 Dec 2004 Leasehold 65 years 31 Mar 2052 10 Ang Mo Kio
Street 65
148,700 31 Mar 2014 148,700 136,000 3.07 2.92
# Wisma Gulab 01 Dec 2004 Freehold Freehold – 190
MacPherson
Road
77,000 31 Mar 2014 77,000 68,300 1.59 1.46
# KA Centre 02 Mar 2005 Leasehold 99 years 31 May 2058 150 Kampong
Ampat
43,300 31 Mar 2014 43,300 39,000 0.89 0.84
# KA Place 02 Mar 2005 Leasehold 99 years 31 May 2058 159 Kampong
Ampat
19,200 31 Mar 2014 19,200 17,900 0.40 0.38
# Kim Chuan
Telecom-
munications
Complex
02 Mar 2005 Leasehold 99 years 30 Mar 2091 38 Kim Chuan
Road
139,400 31 Mar 2014 139,400 136,100 2.88 2.92
@ Pacifc Tech
Centre
01 Jul 2005 Leasehold 99 years 31 Dec 2061 1 Jalan Kilang
Timor
90,000 31 Mar 2014 90,000 86,000 1.86 1.85
Techview 05 Oct 2005 Leasehold 60 years 08 Jul 2056 1 Kaki Bukit
View
128,000 31 Mar 2014 128,000 114,000 2.64 2.45
@ 1 Jalan Kilang 27 Oct 2005 Leasehold 99 years 31 Dec 2061 1 Jalan Kilang 28,150 31 Mar 2014 28,150 25,200 0.58 0.54
30 Tampines
Industrial
Avenue 3
15 Nov 2005 Leasehold 60 years(d) 31 Dec 2063(d) 30 Tampines
Industrial
Avenue 3
34,650 31 Mar 2014 34,650 31,000 0.71 0.67
@ 50 Kallang
Avenue
27 Feb 2006 Leasehold 60 years(d) 15 Nov 2055(d) 50 Kallang
Avenue
42,100 31 Mar 2014 42,100 41,000 0.87 0.88
@ 138 Depot
Road
15 Mar 2006 Leasehold 60 years(d) 30 Nov 2064(d) 138 Depot
Road
69,300 31 Mar 2014 69,300 66,100 1.43 1.42
@ 2 Changi South
Lane
01 Feb 2007 Leasehold 60 years(d) 15 Oct 2057(d) 2 Changi
South Lane
36,500 31 Mar 2014 36,500 35,500 0.75 0.76
CGG Veritas
Hub
25 Mar 2008 Leasehold 60 years(d) 31 Dec 2066(d) 9 Serangoon
North Avenue
5
22,300 31 Mar 2014 22,300 21,300 0.46 0.46
38A Kim
Chuan Road
11 Dec 2009 Leasehold 99 years 30 Mar 2091 38A Kim
Chuan Road
122,700 31 Mar 2014 122,700 118,390 2.53 2.54
+@ Corporation
Place
08 Dec 2011 Leasehold 60 years 30 Sep 2050 2 Corporation
Road
110,000 31 Mar 2014 110,000 100,000 2.27 2.14
# Telepark 02 Mar 2005 Leasehold 99 years 01 Apr 2091 5 Tampines
Central 6
265,700 31 Mar 2014 265,700 261,600 5.48 5.61
& 31 Ubi Road 1 21 Feb 2006 Leasehold 60 years(d) 28 Feb 2050(d) 31 Ubi Road 1 34,100 31 Mar 2014 34,100 32,170 0.70 0.69
Total (Hi-Specifcations Industrial Properties) 1,706,700 1,706,700 1,615,360 35.20 34.66
The accompanying notes form an integral part of these fnancial statements.