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Prudential Tower Property

#01-01 and Levels 10 to 25

The units are located in Prudential Tower, a 30-storey Grade-A office building situated at Raffles Place. Prudential Tower is located at the junction of Church Street and Cecil Street and is within a 5-minute walk from the Raffles Place MRT station. There are 181 carpark lots located on the second to ninth storey. In November 2009, K-REIT Asia’s ownership in Prudential Tower increased to 73% of the total strata area of the building from 44% through the acquisition of an additional six strata floors.

Prudential Tower has won the prestigious office / industrial category of the FIABCI Prix d'Excellence 2003 Awards, which is considered the real estate industry's Oscars.

Title Leasehold estate of 99 years expiring 14 January 2095
Year of Issue of Temporary Occupation Permit 1998
Committed Occupancy
(as at 31 December 2009)
95.2%
Strata Floor Area 16,959 sq m
Net Lettable Area 175,663 sf
Major Tenants McGraw Hill Companies
The Executive Centre
Bayerische Hypo-Und Vereinsbank
Appraised Value*
(as at 31 December 2009)
S$325.1 million
* K-REIT Asia’s properties are revalued once a year by an independent valuer.

Copyright © 2010 K-REIT Asia Management Limited (Co. Reg. No. 200411357K). All rights reserved.