241 List of Top 10 Properties for the Financial Year Ended 31 December 2024 No. Address Freehold/ Leasehold Land and/ or Buildings Year of Expiry of Lease Land Area Built-up/ Strata Area Existing Use Approximate Age of Buildings Net Book Value @ 31 December 2024 Sq m Sq m Years RM'000 SINGAPORE 1. Mount Elizabeth Novena Hospital and Medical Centre Units 38 Irrawaddy Road Singapore 329563 Leasehold land and building 2108 N/A Strata area: 56,361 Hospital building and medical centre 11 4,531,409a 2. Mount Elizabeth Hospital and Medical Centre Units 3 Mount Elizabeth Singapore 228510 Leasehold land and building 2075 N/A Strata area: 58,290 Hospital building and medical centre 45 1,662,472a,b 3. Gleneagles Hospital and Medical Centre Units 6 Napier Road, Singapore 258499; 6A Napier Road, Singapore 258500 Freehold land and building – N/A Strata area: 49,003 Hospital building and medical centre 33 862,038a,b MALAYSIA 4. Island Hospital No. 308, Macalister Road, 10450 George Town, Penang, Malaysia Leasehold and freehold land and building 2119 34,449 Built-up area: 108,766 Hospital building 22 years for original block; 6-13 years for extension blocks etc 688,451c 5. Prince Court Medical Centre 39 Jalan Kia Peng 50450 Kuala Lumpur Leasehold land and building 2103 29,108 Built-up area: 100,802 Hospital building 17 692,942d 6. Gleneagles Hospital Medini Johor No. 2, Jalan Medini Utara 4, Medini Iskandar 79250 Iskandar Puteri, Johor Darul Takzim Leasehold land and building 2107 80,497 Built-up area: 67,331 Hospital building and medical centre; Includes a plot of land held as investment propertya 9 352,130a 7. Pantai Hospital Kuala Lumpur 8 Jalan Bukit Pantai 59100 Kuala Lumpur Leasehold land and building 2111 22,533 Built-up area: 132,711 Hospital building 20 years for original block; 9-10 years for extension blocks 314,665b Notes: a Carrying value includes fair value of investment properties, which were revalued in 2024 in accordance with the Group’s accounting policies. b Properties were revalued in 2010 pursuant to a purchase price allocation performed upon acquisition of Parkway and Pantai Group. c Properties were revalued in 2024 based on an interim valuation available upon acquisition of Island Hospital. As at 31 December 2024, the Group is in the midst of performing a purchase price allocation for the acquisition of Island Hospital. d Properties were revalued in 2020 pursuant to a purchase price allocation performed upon acquisition of Prince Court Medical Centre.
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