Property Details 43 Annual Report 2024 BEDOK MALL Located in one of Singapore’s most populous housing estates, Bedok Mall is the only major mall in Bedok. In the heart of the Bedok Town Centre, Bedok Mall is part of a mixed development comprising retail and residential components integrated with a bus interchange. In addition, it enjoys excellent connectivity with a direct link to Bedok Mass Rapid Transit (MRT) station on the East-West Line. Bedok Mall is home to over 200 shops spanning four floors, serving everyday essentials, food & beverages, lifestyle and fashion options. As at 31 December 2023 2024 Valuation (S$ million) 805.0 815.0 Gross Floor Area (sq ft) 335,900 335,900 Net Lettable Area (sq ft) 222,500 222,900 Number of Tenants 200 200 Committed Occupancy (%) 100 100 Gross Revenue1 (S$ million) 55.7 58.1 Trade Mix2 (%) Food & Beverages 38.3 Beauty & Health 18.4 Fashion & Accessories 11.6 Supermarket 7.7 Digital & Appliance 6.1 Home & Living 3.5 Services 3.1 Shoes & Bags 3.1 Books, Stationery & Gifts/ 3.1 Hobbies/ Sports Jewellery & Watches 2.3 Education 1.6 Kids 0.9 Leisure & Entertainment 0.3 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 Green Ratings • BCA Green Mark Platinum • BCA Universal Design Mark GoldPLUS Lease Expiry Profile2 (%) 22.2 41.9 5.7 0 0 2029 2025 2026 2027 2028 2030 and beyond 30.2 Major Tenants3 Hanbaobao Pte. Ltd. NTUC Enterprise Co-Operative Ltd Uniqlo (Singapore) Pte. Ltd. 1 Gross revenue comprises gross rental income, car park income and other income for the respective financial year. 2 As at 31 December 2024, based on committed gross rental income which excludes gross turnover rent. 3 Based on gross rental income for the month of December 2024 which excludes gross turnover rent.
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