Percentage of
Description
Acquisition
Term of
Lease
Latest
Valuation
Carrying Amount
Net Assets
of Property
Date
Tenure Lease
Expiry
Location Valuation Date
2016 2015 2016 2015
$’000
$’000 $’000 % %
Light Industrial Properties & Flatted Factories
Techplace I
19 Nov 2002 Leasehold 65 years 31 Mar 2052 Blk 4008-4012
Ang Mo Kio
Avenue 10
141,900 31 Mar 2016
141,900
141,700
2.45
2.83
Techplace II
19 Nov 2002 Leasehold 65 years 31 Mar 2052 Blk 5000-5004,
5008-5014
Ang Mo Kio
Avenue 5
191,000 31 Mar 2016
191,000
191,800
3.30
3.83
OSIM
Headquarters
20 Jun 2003 Leasehold 60 years 09 Mar 2057 65 Ubi Avenue 1 39,500 31 Mar 2016
39,500
39,500
0.68
0.79
41 Changi South
Avenue 2
13 Oct 2003 Leasehold 60 years
(a)
28 Feb 2055
(a)
41 Changi South
Avenue 2
11,900 31 Mar 2016
11,900
12,200
0.21
0.24
# 12 Woodlands
Loop
29 Jul 2004 Leasehold 60 years
(a)
15 Jan 2056
(a)
12 Woodlands
Loop
28,200 31 Mar 2016
28,200
28,200
0.49
0.56
# SB Building
26 Nov 2004 Leasehold 60 years
(a)
30 Sep 2057
(a)
25 Changi South
Street 1
22,500 31 Mar 2016
22,500
22,600
0.39
0.45
# 247 Alexandra
Road
01 Dec 2004 Leasehold 99 years 25 Sep 2051 247 Alexandra
Road
66,000 31 Mar 2016
66,000
64,800
1.14
1.29
5 Tai Seng Drive 01 Dec 2004 Leasehold 60 years 30 Nov 2049 5 Tai Seng Drive 18,900 31 Mar 2016
18,900
19,300
0.33
0.38
# Volex Building 01 Dec 2004 Leasehold 60 years
(a)
31 Jan 2052
(a)
35 Tampines
Street 92
12,900 31 Mar 2016
12,900
13,040
0.22
0.26
# 53 Serangoon
North Avenue 4
27 Dec 2004 Leasehold 60 years
(a)
30 Nov 2055
(a)
53 Serangoon
North Avenue 4
14,100 31 Mar 2016
14,100
13,300
0.24
0.27
3 Tai Seng Drive 01 Apr 2005 Leasehold 60 years 30 Nov 2049 3 Tai Seng Drive 19,100 31 Mar 2016
19,100
19,900
0.33
0.40
# 27 Ubi Road 4 01 Apr 2005 Leasehold 60 years
(a)
31 Oct 2055
(a)
27 Ubi Road 4 13,500 31 Mar 2016
13,500
12,800
0.23
0.26
# 52 Serangoon
North Avenue 4
04 Apr 2005 Leasehold 60 years
(a)
15 Sep 2055
(a)
52 Serangoon
North Avenue 4
21,600 31 Mar 2016
21,600
20,700
0.37
0.41
# Hyflux Building 04 Apr 2005 Leasehold 60 years 15 Jan 2041 202 Kallang
Bahru
21,700 31 Mar 2016
21,700
21,700
0.38
0.43
25 Ubi Road 4 16 May 2005 Leasehold 60 years
(a)
29 Feb 2056
(a)
25 Ubi Road 4 11,000 31 Mar 2016
11,000
12,000
0.19
0.24
BBR Building
21 Jun 2005 Leasehold 60 years
(a)
15 Sep 2057
(a)
50 Changi South
Street 1
–
–
–
9,300
–
0.19
Tampines Biz-Hub 05 Oct 2005 Leasehold 60 years
(a)
30 Nov 2049
(a)
11 Tampines
Street 92
23,500 31 Mar 2016
23,500
21,300
0.41
0.42
84 Genting Lane 05 Oct 2005 Leasehold 43 years
(f)
30 Nov 2039
(f)
84 Genting Lane 15,800 31 Mar 2016
15,800
14,700
0.27
0.29
Hoya Building 05 Oct 2005 Leasehold 30 years 15 May 2033 455A Jalan
Ahmad Ibrahim
7,800 31 Mar 2016
7,800
7,800
0.13
0.16
NNB Industrial
Building
05 Oct 2005 Leasehold 60 years
(a)
15 Jan 2056
(a)
10 Woodlands
Link
16,800 31 Mar 2016
16,800
16,700
0.29
0.33
37A Tampines
Street 92
01 Dec 2005 Leasehold 60 years
(a)
31 Aug 2054
(a)
37A Tampines
Street 92
16,500 31 Mar 2016
16,500
17,200
0.29
0.34
Hamilton
Sundstrand
Building
09 Dec 2005 Leasehold 60 years
(a)
28 Feb 2065
(a)
11 Changi
North Rise
39,000 31 Mar 2016
39,000
38,500
0.67
0.77
Thales Building
(I&II)
03 Jan 2006 &
20 Mar 2008
Leasehold 42 years
(g)
30 Jun 2047
(g)
21 Changi
North Rise
11,300 31 Mar 2016
11,300
9,500
0.20
0.19
Balance carried forward – (Light Industrial Properties & Flatted Factories)
764,500
764,500
768,540
13.21
15.33
Investment Properties Portfolio Statement
As at 31 March 2016
The accompanying notes form an integral part of these financial statements.
.134
A-REIT ANNUAL REPORT
2015/2016
