NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
15 INVESTMENT PROPERTIES (CONT’D)
(f)
Details of investment properties as at 31 December 2014 are as follows:
Description of
Properties
Tenure
Unexpired
Lease Term
(year)
Site
Area
sq.m.
Net Floor
Area
sq.m.
Existing
Use
Professional
Valuers
Valuation
Method
Singapore
10 residential units
at Gallop Green
condominium
Freehold
– 3,711
(strata)
Residential
Knight Frank
Pte Ltd
Comparison
method
6A/8/8A/10/12 at Cable
Road
Freehold
7,432 4,327
(gross)
Residential
Knight Frank
Pte Ltd
Comparison
method
10/10A/10B at Nathan
Road
Freehold
4,548 2,083
(gross)
Residential
Knight Frank
Pte Ltd
Comparison
method
14 residential units at The
Holland Collection
Freehold
– 2,974
(strata)
Residential
#
#
Malaysia
Straits Trading Building, a
7-storey commercial
building at No. 2
Lebuh Pasar Besar,
Kuala Lumpur
999 years
Leasehold /
Freehold
868 to 870 2,224 9,928
Office YCW Property
Consultant
Comparison
method
A parcel of residential
land Lot No. 11260,
Mukim of Hulu Kinta,
District of Kinta, Perak
999 years
Leasehold
880 11,255
– Residential
C H Williams
Talhar & Wong
Sdn Bhd
Comparison
method
A parcel of residential
land, Lot No. 34612
Jalan Gopeng, Ipoh,
Perak
999 years
Leasehold
879 12,892
– Residential
C H Williams
Talhar & Wong
Sdn Bhd
Comparison
method
Parcels of commercial
land, Lot Nos. 1105 to
1110, 2122 and 2123
Town of Seremban,
District of Seremban,
Negeri Sembilan
Freehold
3,826
–
Retail
C H Williams
Talhar & Wong
Sdn Bhd
Comparison
method
Lot Nos. 197 and 199,
Section 4
Town of Butterworth,
Pulau Pinang
Freehold
7,949
–
Retail
C H Williams
Talhar & Wong
Sdn Bhd
Comparison
method
98
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
