Notice of Valuation of Real Assets::VALUATION OF PARAGON, THE CLEMENTI MALL, THE RAIL MALL, WESTFIELD MARION AND FIGTREE GROVE

Issuer & Securities

Issuer/ Manager
SPH REIT MANAGEMENT PTE. LTD.
Securities
SPH REIT - SG2G02994595 - SK6U
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
06-Oct-2020 21:18:44
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
31/08/2020Edmund Tie & Company (SEA) Pte Ltd290 Orchard Road, Paragon, Singapore 238859 (Tenure: 99 years leasehold interest commencing from 24 July 2013)Singapore Dollar2,640,000,000
31/08/2020Edmund Tie & Company (SEA) Pte Ltd3155 Commonwealth Avenue West, The Clementi Mall, Singapore 129588 (Tenure: 99 years leasehold interest commencing from 31 August 2010)Singapore Dollar584,000,000
31/08/2020Edmund Tie & Company (SEA) Pte Ltd380 to 400 & 422 to 484 (Even Numbers) Upper Bukit Timah Road, The Rail Mall, Singapore (Tenure: 99 years commencing from 18 March 1947)Singapore Dollar62,200,000
31/08/2020Urbis Valuations Pty LtdWestfield Marion, 297 Diagonal Rd, Oaklands Park, SA, Australia (Tenure: Freehold). Represents SPH REIT's 50% interest in Westfield Marion.Australian Dollar646,500,000
31/08/2020Jones Lang Lasalle Advisory Services Pty LtdFigtree Grove, 19 Princes Highway, Figtree, NSW, 2525 (Tenure: Freehold).Australian Dollar190,000,000
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