Ang Mo Kio Avenue 5, Ang Mo Kio Industrial Park II
Type / Use
Light Industrial Park
Title
Leasehold estate, expiring 2052
Acquisition Date
19 November 2002
Net Lettable Area
68,499 sqm
Book Value (1)
$145.0 million
Purchase Price
$128.9 million
Vendor
Ascendas Land (S) Pte Ltd
Valuation (2)
$145.3 million
Major Tenants
Venture Corporation; Kinergy; NEC Semiconductors Singapore ; Zen Voce Manufacturing
Notes:
(1) As at 31 May 2004
(2)
As at 1 June 2004 . The valuation was based on the Income Method, Direct Comparison Method, Replacement Cost Method & Discounted Cash Flow Analysis
