Land Tenure | Leasehold of 67 years from 23 August 2007 |
Floor Area (sq m)1 | 58,139 |
Number of Beds | 345 |
Number of Strata Units | 30 units owned by PLife REIT |
Number of Car Park Lots | 363 |
Number of Storeys | 5/10/17 with basement |
Year of Completion | Hospital Building: 1979 Medical Centre: 1979 and 1992 |
Name of Lessee (s) | Parkway Hospitals Singapore Pte Ltd |
Committed Occupancy2 | 100% |
Gross Revenue (2024) | S$44.42 million |
Gross Revenue (2023) | S$42.62 million |
Purchase Price | S$524.43 million |
Year of Purchase | 2007 |
Appraised Value (as at 31 December 2024) |
S$942.00 million |
Name of Appraiser(s) | Knight Frank Pte. Ltd. |
Land Tenure | Leasehold of 75 years from 23 August 2007 |
Floor Area (sq m)1 | 49,003 |
Number of Beds | 257 |
Number of Strata Units | 10 units owned by PLife REIT |
Number of Car Park Lots | 121 lots owned by PLife REIT |
Number of Storeys | 5/10 with basement |
Year of Completion | Hospital Building: 1991 and 1993 Annex Block: 1979 Medical Centre: 1991 and 1993 |
Name of Lessee (s) | Parkway Hospitals Singapore Pte Ltd |
Committed Occupancy2 | 100% |
Gross Revenue (2024) | S$28.13 million |
Gross Revenue (2023) | S$27.80 million |
Purchase Price | S$216.00 million |
Year of Purchase | 2007 |
Appraised Value (as at 31 December 2024) |
S$548.00 million |
Name of Appraiser(s) | Knight Frank Pte. Ltd. |
Land Tenure | Leasehold of 75 years from 23 August 2007 |
Floor Area (sq m)1 | 10,994 |
Number of Beds | 143 |
Number of Strata Units | - |
Number of Car Park Lots | 75 |
Number of Storeys | 4/5 |
Year of Completion | Hospital Building: 1982 Medical Centre: 1987 |
Name of Lessee (s) | Parkway Hospitals Singapore Pte Ltd |
Committed Occupancy2 | 100% |
Gross Revenue (2024) | S$4.84 million |
Gross Revenue (2023) | S$4.73 million |
Purchase Price | S$34.19 million |
Year of Purchase | 2007 |
Appraised Value (as at 31 December 2024) |
S$113.00 million |
Name of Appraiser(s) | Knight Frank Pte. Ltd. |
(1) Based on gross floor area for Parkway East Hospital; strata areas owned by PLife REIT for Mount Elizabeth Hospital, Gleneagles Hospital
(2) Committed occupancy of each property for Year 2023 and 2024 remain unchanged