Located in the vibrant city of Chengdu, the capital city of Sichuan province, the China Property enjoys a strategic position along the Second Ring Road, in close proximity to prime residential estates and offices. The Nijiaqiao MRT station is located in front of the property and is easily accessible by major roads and public transport.
The China Property comprises four levels of retail space with a mezzanine floor, and is fully leased to a sole tenant, Markor International Home Furnishing Co., Ltd., Chengdu Zongbei Store, one of China's largest furniture retailers. The tenancy agreement incorporates a fixed rent with a periodic rent step-up.
Property Profile
Address | 19, 4th Section, Renminnan Road, Chengdu, Sichuan, China |
Tenure | Leasehold estate expiring on 27 December 2035 |
Committed occupancy(1) | 100.0% |
Gross floor area(1) | 100,854 sq ft |
Number of tenants(1)(2) | 1 |
Notable tenant(1) | Markor International Home Furnishings Co., Ltd. |
Valuation(1)(3) | S$22.2 million |
- As at 30 June 2025.
- Based on commenced lease.
- Based on exchange rate of RMB5.62:S$1.00 as at 30 June 2025.
