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The Group’s diversified property portfolio, comprising
office buildings, residential properties, hotels and
resorts, serviced apartments, shophouses and retail
outlets, and industrial buildings, is owned through
subsidiaries and associated companies. Details of the
Group’s property portfolio is covered in the next few
pages. The following analysis as at 31 December 2001
includes only the Company’s effective interests.
Singapore Properties
(a) Analysis by Tenure
Freehold properties constituted 36.3% of the
Group’s properties, while 999-year leases and
99-year leases made up the balance of 20.3%
and 43.4% respectively.
(b) Analysis by Development Stage
About 61.7% of the Group’s portfolio was made up
of completed properties. Another 17% was under
development, and this included Freesia Woods and
Caribbean at Keppel Bay. The remaining 21.3% of
the Group’s properties was landbank awaiting
development.
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