Sawayaka
Kiyotakan
Maison des
Centenaire Hannan
Maison des
Centenaire Ohhama
Sunhill Miyako
Land Tenure
Freehold
Freehold
Freehold
Freehold
Land Area (sq m)
2,597
7,827
1,281
10,867
Floor Area (sq m)
5,661
4,331
1,717
4,299
Number of Units
(Rooms)
108
95
47
34
Number of Storeys
8
3
5
4
Year of Completion
2013
2010
1990
1996
Name of Lessee(s)
K.K. Sawayaka
Club
Miyako Enterprise
Co., Ltd
Miyako Enterprise
Co., Ltd
Miyako Enterprise
Co., Ltd
Committed
Occupancy
1
100%
100%
100%
100%
Gross Revenue (2015)
¥69,210,636
¥124,000,008
¥48,999,996
¥67,117,988
Gross Revenue (2014)
¥69,172,140
¥94,337,914
¥37,276,879
¥50,993,330
Purchase Price
2
¥860 million
(S$11.01 million)
¥1,600 million
(S$19.82 million)
¥600 million
(S$7.43 million)
¥800 million
(S$9.91 million)
Year of Purchase
2013
2014
2014
2014
Appraised Value
3
(as at 31 December
2015)
¥908 million
(S$10.68 million)
¥1,850 million
(S$21.76 million)
¥722 million
(S$8.49 million)
¥877 million
(S$10.31 million)
Name of Appraiser(s)
Colliers
International
Colliers
International
Colliers
International
Colliers
International
Our Properties
1 Committed occupancy of each property for year 2014 and 2015 remain unchanged
2 Based on the exchange rate at point of acquisition
3 At an exchange rate of S$1.00 : ¥85.03
ParkwayLife REIT
Annual Report 2015
44
