CapitaLand Integrated Commercial Trust - Annual Report 2021
CLARKE QUAY Clarke Quay is a unique conserved historical landmark located along the Singapore River and at the fringe of Singapore’s Central Business District. Conveniently located within walking distance of Clarke Quay MRT station and Fort Canning MRT station, the development comprises five blocks of restored shophouses and warehouses infused with funky art-deco structures. Clarke Quay is a popular lifestyle destination for locals and tourists, offering differentiated dining and entertainment experiences. 2 Based on net lettable area for the month of December 2021. 3 As at 31 December 2021, based on committed gross rental income for the expiry month of the lease and excludes gross turnover rent. 4 Based on gross rental income for the month of December 2021 and excludes gross turnover rent. TRADE MIX 4 (%) LEASE EXPIRY PROFILE 3 (%) 2027 and beyond 2025 2023 2026 2024 2022 20.9 33.1 16.8 11.3 15.4 2.5 As at 31 December 2020 2021 Valuation (S$ million) 394.0 342.0 Gross Floor Area (sq ft) 366,600 366,600 Net Lettable Area (sq ft) 293,248 293,248 Number of Tenants 59 44 Committed Occupancy (%) 90.1 73.5 Annual Shopper Traffic (million) 5.6 5.1 Gross Revenue 1 (S$ million) 21.5 17.0 Net Property Income (S$ million) 10.2 6.3 1 Gross revenue comprises gross rental income, car park income and other income. PROPERTY INFORMATION Address 3A/B/C/D/E River Valley Road Land Tenure Leasehold tenure of 99 years with effect from 13 January 1990 Purchase price in 2010 S$268.0 million Carpark Lots 424 Bicycle Lots - Award BCA GreenMark Certified (2019) TOP 5 TENANTS 2 1 Zouk Clarke Quay Pte. Ltd. 2 HR Millennium Pte. Ltd. 3 Huone Singapore Pte Ltd 4 Funlab Singapore Holdings Pte Ltd 5 Singapore Hai Di Lao Dining Pte. Ltd Food & Beverage 60.9 Leisure & Entertainment/ Music & Video 34.9 Services 2.5 Beauty & Health 1.7 CapitaLand Integrated Commercial Trust 78 Property Details
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