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PERENNIAL REAL ESTATE HOLDINGS LIMITED
Annual Report 2015
PORTFOLIO AT A GLANCE -
OTHER MARKETS REAL ESTATE BUSINESS
Property
1
Penang Waterfront
Integrated Development,
Malaysia
Accra Integrated Development,
Ghana
Location
About 1 km North of Penang Bridge,
Gelugor
Along Liberation Road and about 2 km
from Kotoka International Airport within
the Airport district of Accra, Ghana
Description
Retail Podium and Thematic Shops
Residential
Office
Hotels
Convention Centre
Car Park
Retail Podium
Residential
Office
Hotel
Serviced Apartment
Car Park
Tenure
Freehold
50 years, expiring on 28 November 2061
Effective Interest (%)
50
55
Land Area (sq ft)
1,427,000
537,000
Gross Floor Area
2
(sq ft)
Retail and Thematic Shops: 1,536,700
Residential: 1,204,700
Office: 513,000
Hotel: 545,600
Convention Centre: 300,000
Total: 4,100,000
Retail: 231,400
Residential: 375,400
Office: 592,000
Hotel: 354,200
Serviced Apartment: 194,200
Total: 1,747,200
Commencement
of Operations
Target 2021
Target 2019
1 As all designs are undergoing refinement, the details in the table are subject to change.
2 The gross floor area excludes carpark based on current plans and subject to the relevant authorities' approval of the plans.
