At 31 December 2000, office buildings formed 50.7% of the Group’s property portfolio. These include Ocean Building, Ocean Towers, The Exchange, Capital Square, Prudential Tower, Keppel Towers, GE Tower and the office tower in Bugis Junction. The proportion of residential properties was 42.9%. In respect of the remaining portfolio, properties in the retail, hotel and industrial sectors made up 3.6%, 1.2% and 1.6% respectively of the Group’s properties.

(d) Analysis by Building Floor Area

The total building floor area of the Group’s properties at end-2000 was 643,000 sq.m. Office buildings and residential properties formed 35.1% and 56.1% respectively of this area. The residual 8.8% was the combined building floor area for the Group’s retail, hotel and industrial properties.

The Group’s completed property assets were 87.3% local and 12.7% overseas. Including projects currently under development, overseas properties form 16.4% of the Group’s portfolio. In dollar terms, this amounts to $0.8 billion out of a total of $5 billion for all of the Group’s property assets.