China Property

The China Property is in located in Chengdu, the capital city of Sichuan province. The property comprises four levels of retail space with a mezzanine floor. Situated within the Second Ring Road, it is in close proximity to high-end residences and offices. The Nijiaqiao MRT Station is located in front of the property and provides convenient access.

The China Property has a sole tenant, Markor International Home Furnishings Co., Ltd. Chengdu Zongbei Store, which is one of the largest furniture retailers in China.

Property Profile

Address 19, 4th Section, Renminnan Road, Chengdu, Sichuan, China
Description A four-storey building completed in 2003. Part of a mixed-use commercial complex comprising retail and office.
Positioning Targets the high-end income segment and expatriates.
Year of completion 2003
Actual Occupancy(1) 100%(2)
Gross floor area 100,854 sq ft(2)
Number of tenants 1(2)
Title Leasehold estate expiring on 27 December 2035
Lease type Fixed rent structure with periodic step-up.
Tenant(2)
  • Markor International Home Furnishings Co., Ltd. Chengdu Zongbei Store
Valuation S$28.5 million(2)
  1. Based on commenced leases as at 30 June 2020.
  2. As at 30 June 2020.