OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX REAL ESTATE PERENNIAL BUSINESS CITY 鹏瑞利商务城 Located in Jurong Lake District, which is envisioned to be one of the largest commercial and regional centres outside of Singapore’s city centre, Perennial Business City measures a massive 1.5 million sq ft in gross floor area. The development features large floor plates, ample car parking spaces, electric vehicle charging stations and a rooftop garden. Perennial Business City has been accredited with Singapore’s BCA Green Mark Platinum Super Low Energy with sustainability features, such as solar energy technology, a super-efficient chiller system, motion sensors and sensors for fresh air control. Perennial Business City offers easy access to the rest of Singapore via the Ayer Rajah Expressway, Pan Island Expressway, Tuas Second Link and major arterial roads. It is also within a five-minute walk via sheltered access to Jurong East MRT Station. This strategic and prime location presents attractive opportunities for tenants seeking a cost-competitive alternative to being within the CBD. The large and contiguous floor plates will also allow medium and large-sized tenants to achieve improved space utilisation by enabling flexible space planning and opportunities for future expansion. Perennial Business City is well positioned to tap into the Jurong Lake District transformation, a vital part of the Urban Redevelopment Authority’s decentralisation strategy to establish the second-largest business district outside the city centre. 51 ANNUAL REPORT 2023
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