Notice of Valuation of Real Assets::Valuation of Paragon, The Clementi Mall, The Rail Mall, Westfield Marion and Figtree Grove

Issuer & Securities

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

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
07-Aug-2023 19:45:14
Status
New
Announcement Sub Title
Valuation of Paragon, The Clementi Mall, The Rail Mall, Westfield Marion and Figtree Grove
Announcement Reference
SG230807OTHRHONX
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
30/06/2023Savills Valuation And Professional Services (S) Pte Ltd290 Orchard Road, Paragon, Singapore 238859 (Tenure: 99 years leasehold interest commencing from 24 July 2013)Singapore Dollar2,679,000,000
30/06/2023Savills Valuation And Professional Services (S) Pte Ltd3155 Commonwealth Avenue West, The Clementi Mall, Singapore 129588 (Tenure: 99 years leasehold interest commencing from 31 Aug 2010)Singapore Dollar597,500,000
30/06/2023Savills Valuation And Professional Services (S) 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 Dollar62,000,000
30/06/2023CBRE Valuations Pty LimitedWestfield Marion, 297 Diagonal Rd, Oaklands Park, SA, 5046 Australia (Tenure: Freehold).Represents PARAGON REIT's 50% interest in Westfield MarionAustralian Dollar620,000,000
30/06/2023CBRE Valuations Pty LimitedFigtree Grove, 19 Princes Highway, Figtree,NSW, 2525 (Tenure: Freehold)Australian Dollar196,000,000
Valuation of Reports available for inspection at address during office hours
79 Robinson Road #07-01 CapitaSky Singapore 068897
Reports available till date
07/11/2023