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

BackOct 06, 2020
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Oct 6, 2020 21:18
Status New
Announcement Sub Title VALUATION OF PARAGON, THE CLEMENTI MALL, THE RAIL MALL, WESTFIELD MARION AND FIGTREE GROVE
Announcement Reference SG201006OTHRIDBM
Submitted By (Co./ Ind. Name) Sheryl Cher Ya Li
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
31/08/2020 Edmund Tie & Company (SEA) Pte Ltd 290 Orchard Road, Paragon, Singapore 238859 (Tenure: 99 years leasehold interest commencing from 24 July 2013) Singapore Dollar 2,640,000,000
31/08/2020 Edmund Tie & Company (SEA) Pte Ltd 3155 Commonwealth Avenue West, The Clementi Mall, Singapore 129588 (Tenure: 99 years leasehold interest commencing from 31 August 2010) Singapore Dollar 584,000,000
31/08/2020 Edmund Tie & Company (SEA) Pte Ltd 380 to 400 & 422 to 484 (Even Numbers) Upper Bukit Timah Road, The Rail Mall, Singapore (Tenure: 99 years commencing from 18 March 1947) Singapore Dollar 62,200,000
31/08/2020 Urbis Valuations Pty Ltd Westfield Marion, 297 Diagonal Rd, Oaklands Park, SA, Australia (Tenure: Freehold). Represents SPH REIT's 50% interest in Westfield Marion. Australian Dollar 646,500,000
31/08/2020 Jones Lang Lasalle Advisory Services Pty Ltd Figtree Grove, 19 Princes Highway, Figtree, NSW, 2525 (Tenure: Freehold). Australian Dollar 190,000,000
Valuation of Reports available for inspection at address during office hours 1000 Toa Payoh North, News Centre, Singapore 318994
Reports available till date 05/01/2021