Primary Profile & Key Statistics
No. of Properties (exclude growth/affiliate/fund): 18
Efficiency Spotlight
Gross income has improved yoy primarily as a result of increased contributions from New Tech Park, 30 & 32 Tuas Avenue 8, 508 Chai Chee Lane, 23 Serangoon North Avenue 5 and 10 Changi South Avenue 2. Regardless of that, NPI stays the identical as a result of considerably increased property bills (43.7% improve) arising from the surge in utility bills. The quantity accessible for distribution and DPU declined as a result of increased curiosity bills.
Rental Reversion
Rental reversion for 2H is at 16.2%. For FY22, the rental reversion is at 12.9%.
Asset Enhancement Initiative
The AEIS of 2TTL and 10CSS2 have accomplished. There are additionally a number of ongoing AEI for New Tech Park, 508CCL and 39UR1.
For the AEI of 1 Tuas Avenue 4, the appointment of the primary contractor is focused to be in 1Q 2023. And the goal completion
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