Property Name Address Number of Units Tenure (Years) Tenure Expiry Date (Year) Agreed Property Value at Acquisition (S$’million) Japan Student Accommodation Eslead College Gate Kindaimae 19-28, 3-chome Kowakae, Higashiosaka-shi, Osaka 577-0818, Japan 112 Freehold - 19.5 Malaysia Somerset Kuala Lumpur 187, Jalan Ampang, 50450, Kuala Lumpur, Malaysia 205 Freehold - 67.4 The Philippines Ascott Makati Glorietta 4, Ayala Center, Makati City 1224, The Philippines 362 48 2044 87.5 Somerset Millennium Makati 104 Aguirre Street, Legaspi Village, Makati City 1229, The Philippines 118 Freehold - 12.7 Singapore Ascott Orchard Singapore 11 Cairnhill Road, Singapore 229724, Singapore 220 99 2113 405.0 Citadines Mount Sophia Property Singapore 8 Wilkie Road #01-26 Wilkie Edge, Singapore 228095, Singapore 154 96 2105 107.0 lyf one-north Singaporei 80 Nepal Park, Singapore 139409, Singapore 324 60 2078 62.4 Somerset Liang Court Property Singaporeii 177B, River Valley Road, Singapore 179032, Singapore 192 99 2120 140.3 The Robertson House by The Crest Collection (formerly Riverside Hotel Robertson Quay) 1 Unity Street, Singapore 237983, Singapore 336 99 2105 325.0 South Korea ibis Ambassador Seoul Insadong* 31 Samil-daero 30-gil, Ikseon-dong, Jongno-gu, Seoul, South Korea 363 Freehold - 98.1 Sotetsu Hotels The Splaisir Seoul Dongdaemun* 226 Jangchoongdan-ro, Gwanghuidong, Jung-gu, Seoul, South Korea 215 Freehold - 95.1 Spain Citadines Ramblas Barcelona Ramblas 122, 08002 Barcelona, Spain 131 Freehold - 56.7 i The Agreed Property Value at Acquisition of S$62.4 million refers to the price of the site acquired through a tender bid. ii (a) As disclosed in the announcement dated 21 November 2019, partial interest in the land was divested and the retained interest in the land is currently being redeveloped into a new serviced residence property with 192 units (number of units may be subject to change). (b) The Agreed Property Value at Acquisition of S$140.3 million refers to the value of CLAS’ remaining interest in the land derived from the sale price per square foot as disclosed in the announcement. ANNUAL REPORT 2023 73 Overview Leadership Portfolio & Performance Sustainability & Governance Financial Statements and Other Information
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