Property Details FUNAN Unveiled and revitalised in June 2019, Funan is an integrated development featuring a retail hub, two office blocks, and lyf Funan Singapore – an exclusive apartment hotel designed for the millennial generation. Nestled in the vibrant Civic and Cultural District, Funan provides reliable connectivity for all weather conditions, highlighted by a direct underpass linking to the City Hall MRT station on the North-South Line and East-West Line. Redefining the urban experience in Singapore’s city centre, Funan offers a dynamic, community-focused environment tailored for discerning individuals seeking a high-quality, sociallyconscious and creatively inspired lifestyle. As at 31 December 2023 2024 Valuation1 (S$ million) 814.0 849.0 Gross Floor Area1 (sq ft) 767,300 767,300 Net Lettable Area2 (sq ft) Total Retail Office 531,900 317,800 214,100 532,200 318,100 214,100 Number of Tenants 190 200 Committed Occupancy (%) Total Retail Office 98.4 97.4 100 99.4 98.9 100 Gross Revenue3 (S$ million) 62.4 64.6 Trade Mix4 (%) Food & Beverages 21.5 Government 18.0 Real Estate & 12.4 Property Services Digital & Appliance 12.0 Books, Stationery & Gifts/ 6.8 Hobbies/ Sports Leisure & Entertainment 6.7 Beauty & Health 6.4 Distribution & Trading 4.4 Fashion & Accessories 3.7 Services 3.6 Home & Living 1.2 Education 1.1 Shoes & Bags 0.8 Supermarket 0.8 Jewellery & Watches 0.3 Multi-Concepts 0.3 Property Information Address 107 and 109 North Bridge Road Land Tenure Leasehold tenure of 99 years with effect from 12 December 1979 Purchase Price in 2002 S$191.0 million Project Development Cost S$560.0 million Carpark Lots 404 Bicycle Lots 183 Green Ratings • BCA Green Mark GoldPLUS • BCA Universal Design Mark GoldPLUS Lease Expiry Profile4 (%) 25.4 15.7 3.8 19.7 1.8 2025 2026 2027 2028 2029 2030 and beyond 33.6 Major Tenants5 Adidas Singapore Pte Ltd Department Of Statistics WeWork Singapore Pte. Ltd. 1 Excludes the serviced residence component after the completion of the divestment of all units of Victory SR Trust on 31 October 2017. 2 Includes CSFS area. 3 Gross revenue comprises gross rental income, car park income and other income for the respective financial year. 4 As at 31 December 2024, based on committed gross rental income which excludes gross turnover rent. 5 Based on gross rental income for the month of December 2024 which excludes gross turnover rent. 64 CapitaLand Integrated Commercial Trust
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