Asset Portfolio



Property description

The P-Life Matsudo property is a freehold 2-storey pharmaceutical product distributing and manufacturing facility.

Conveniently located approximately 700 metres north of Matsuhidai Station on the Hokuso-Kaihatsu Railway Line and within the vicinity of Exclusive Industrial District in Matsuhidai Industrial Park.

The P-Life Matsudo property is a specially designed built-to-suit property.

Key Statistics

Land Tenure Freehold
Land Area 8,450 sq m
Floor Area 3,240 sq m
Year of Completion 2005
Additional works were completed in 2007
Committed Occupancy 100%
Name of Lessee (s) Alere Medical Co., Ltd
Appraised Value (as at 31 December 2016) ¥2,340 million (S$28.99 million)1
Location Map Click here to view location map

Note:

  1. The property was valued by Collins International using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY 80.71.