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) Abbott Diagnostics Medical Co., Ltd. 1
Appraised Value (as at 31 December 2019) ¥2,410 million (S$29.9 million)2
Location Map Click here to view location map


  1. Change of name with effect from 3 October 2017 due to acquisition of Alere Medical Co., Ltd. by Abbott Diagnostics Medical Co., Ltd.
  2. The property was valued by CBRE K.K using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 80.71.