Mount Elizabeth Hospital
Gleneagles Hospital
Land Tenure
Leasehold of 67 years from 23 August 2007
Leasehold of 75 years from 23 August 2007
Floor Area (sq m)
[1]
58,139
49,003
Number of beds
345
270
Number of Strata units
232, of which 30 are owned by PLife REIT
164, of which 10 are owned by PLife REIT
Number of Car Park
lots
363
402, of which 121 are owned by PLife REIT
Number of storeys
Hospital building: 10-storey block and a
5-storey block
Medical Centre: 17-storey medical and retail
block (All blocks are linked by a common
podium with basement car park)
Hospital building: 10-storey block with
2 basements and a 5-storey annexe block
Medical Centre: 10-storey block with
3 basements
Year of Completion
Hospital Building: 1979
Medical Centre: 1979 and 1992
Hospital Building: 1991 and 1993
Annexe Block: 1979
Medical Centre: 1991 and 1993
Name of Lessee (s)
Parkway Hospitals Singapore Pte Ltd
Parkway Hospitals Singapore Pte Ltd
Committed Occupancy
100%
100%
Gross Revenue (2014)
S$39,562,087
S$20,618,518
Purchase Price
[2]
S$524.43 million
S$216.0 million
Year of Purchase
2007
2007
Appraised Value
(as at 31 December
2014)
S$664.0 million
S$338.0 million
Name of Appraiser(s)
CBRE Pte Ltd
CBRE Pte Ltd
2
3
1
S I N G A P O R E
PORTFOLIO
OUR PROPERTIES
1
2
H O S P I T A L S
[1]
Based on gross floor area for Parkway East Hospita, strata areas which are owned by PLife REIT for Mount Elizabeth Hospital, Gleneagles
Hospital and Gleneagles Intan Medical Centre, Kuala Lumpur
38
PA R K WAY L I F E R E I T