Portfolio Valuations And Property Yield
Valuation
2014
Valuation
2013
Valuation
2014
Property
Yield
2014
1
Valuation
2014
Valuation
2013
(in per sq
m of GRA)
RMB
million
RMB
million
RMB
%
S$
million
S$
million
CapitaMall Xizhimen
2,777
2,600
33,428
6.6
588.4 532.2
CapitaMall Wangjing
2,050
1,900
30,143
7.0
434.4 388.9
CapitaMall Grand Canyon
1,948
1,882
27,842
4.4
412.8 385.2
CapitaMall Anzhen
973
949
22,397
6.9
206.2 194.3
CapitaMall Erqi
606
590
6,562
6.7
128.4 120.8
CapitaMall Minzhongleyuan
564
504
15,051
N.M 119.5 103.2
CapitaMall Shuangjing
558
543
11,281
6.6
118.2 111.2
CapitaMall Qibao
485
472
6,669
8.6
102.8
96.6
CapitaMall Saihan
400
362
9,538
7.5
84.8
74.1
CapitaMall Wuhu
260
251
5,698
4.5
55.1
51.4
Total
10,621
10,053
–
6.4
2
2,250.6 2,057.9
1 Property yield is calculated based on NPI for FY 2014 and the valuation as at 31 December 2014.
2 Excludes CapitaMall Minzhongleyuan’s 2014 yield as the mall was impacted by the road closure to facilitate the construction
of a new subway line.
N.M. – Not Meaningful
S$’000
Investment Properties as at 31 December 2014
2,250,783
1
Surplus on revaluation for FY 2014
104,829
1 The carrying amount of the investment properties includes the valuation of the 10 retail malls and the carrying amount of
CapitaMall Minzhongleyuan’s three residential units.
Delivering Performance | 55
