| Announcement Title |
Notice of Valuation of Real Assets |
| Date & Time of Broadcast |
Feb 11, 2025 7:37 |
| Status |
New |
| Announcement Sub Title |
Valuation of Paragon, The Clementi Mall and Westfield Marion |
| Announcement Reference |
SG250211OTHRKEDL |
| Submitted By (Co./ Ind. Name) |
Huang Jinyang Brent |
| Designation |
Company Secretary |
| Description (Please provide a detailed description of the event in the box below) |
Please refer to the information below. |
| Additional Details |
| Valuation Details |
| Date of Valuation |
Name of the Valuer |
Description of Property |
Valuation Currency |
Valuation Amount |
| 31/12/2024 |
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 |
2,903,000,000 |
| 31/12/2024 |
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 |
645,000,000 |
| 31/12/2024 |
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 |
|
| Valuation of Reports available for inspection at address during office hours |
290 Orchard Road, #14-05/06 Paragon, Singapore 238859 |
| Reports available till date |
11/05/2025 |
| Additional Information |
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