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Notice Of Valuation Of Real Assets - Valuation Of Paragon, The Clementi Mall, Westfield Marion And Figtree Grove

BackAug 05, 2024
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Aug 5, 2024 22:39
Status New
Announcement Sub Title Valuation of Paragon, The Clementi Mall, Westfield Marion and Figtree Grove
Announcement Reference SG240805OTHRA5KA
Submitted By (Co./ Ind. Name) Huang Jinyang Brent
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) -
Additional Details
Valuation Details
Date of Valuation Name of the Valuer Description of Property Valuation Currency Valuation Amount
30/06/2024 Jones Lang LaSalle Property Consultants Pte Ltd 290 Orchard Road, Paragon, Singapore 238859 (Tenure: 99 years leasehold interest commencing from 24 July 2013) Singapore Dollar 2,825,000,000
30/06/2024 Jones Lang LaSalle Property Consultants Pte Ltd 3155 Commonwealth Avenue West, The Clementi Mall, Singapore 129588 (Tenure: 99 years leasehold interest commencing from 31 Aug 2010) Singapore Dollar 630,000,000
30/06/2024 Jones Lang LaSalle Advisory Services Pty Ltd Westfield Marion, 297 Diagonal Rd, Oaklands Park, SA, 5046 Australia (Tenure: Freehold). Represents PARAGON REIT's 50% interest in Westfield Marion Australian Dollar 580,000,000
30/06/2024 Savills Valuations Pty Ltd Figtree Grove, 19 Princes Highway, Figtree, NSW, 2525 (Tenure: Freehold) Australian Dollar 183,000,000
Valuation of Reports available for inspection at address during office hours 79 Robinson Road #07-01 CapitaSky Singapore 068897
Reports available till date 05/11/2024
Additional Information -