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 2017) ¥2,340 million (S$27.78 million)1
Location Map Click here to view location map


  1. The property was valued by K.K. Halifax using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY 84.25.