CapitaLand Integrated Commercial Trust - Annual Report 2021
BEDOK MALL Bedok Mall is the first major mall in Bedok, one of Singapore’s most populous housing estates. As part of a retail-residential-transport hub development in the heart of the Bedok Town Centre, Bedok Mall enjoys excellent connectivity with direct connection to Bedok Mass Rapid Transit (MRT) station and bus interchange. Bedok Mall is home to over 200 shops spanning four floors, serving everyday essentials, food & beverage, lifestyle and fashion options. As at 31 December 2020 2021 Valuation (S$ million) 779.0 783.0 Gross Floor Area (sq ft) 335,877 335,877 Net Lettable Area (sq ft) 222,469 222,469 Number of Tenants 191 191 Committed Occupancy (%) 99.1 99.2 Annual Shopper Traffic (million) 14.4 14.0 Gross Revenue 1 (S$ million) 46.1 52.3 Net Property Income (S$ million) 33.0 39.0 1 Gross revenue comprises gross rental income, car park income and other income. PROPERTY INFORMATION Address 311 New Upper Changi Road Land Tenure Leasehold tenure of 99 years with effect from 21 November 2011 Agreed property value in 2015 S$780.0 million Carpark Lots 265 Bicycle Lots 200 Award • BCA Universal Design Mark Gold PLUS (2016) • BCAGreenMark Platinum (2021) TOP 5 TENANTS 2 1 NTUC Enterprise Co-Operative Ltd 2 Uniqlo (Singapore) Pte. Ltd. 3 Hanbaobao Pte. Ltd. 4 Best Denki (Singapore) Pte.Ltd. 5 Cotton On Singapore Pte. Ltd. Food & Beverage 37.3 Beauty & Health 17.4 Fashion 11.7 Supermarket 7.1 Services 6.3 IT & Telecommunications 3.7 Electrical & Electronics 3.2 Home Furnishing 3.0 Shoes & Bags 3.0 Jewellery & Watches 2.5 Gifts & Souvenirs/ Toys & Hobbies/ Books & Stationery / Sporting Goods 2.4 Education 1.2 Others 1.2 LEASE EXPIRY PROFILE 3 (%) TRADE MIX 2 (%) 2027 and beyond 2025 2023 2026 2024 2022 37.2 26.5 27.3 6.6 0.0 2.4 2 Based on gross rental income for the month of December 2021 and excludes gross turnover rent. 3 As at 31 December 2021, based on committed gross rental income for the expiry month of the lease and excludes gross turnover rent. Annual Report 2021 75 Property Details
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