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Property
Investment

Malaysia

ARA Harmony Fund III

In 2015, SingHaiyi diversified into the Malaysian retail mall segment by investing a 25% interest in ARA Harmony Fund III, a portfolio of five high quality income-producing commercial properties across prominent locations in Malaysia. Alongside this, we took a 35% stake in ARA Fund Management (Harmony III) Limited, the fund's general partner, allowing us to leverage the established property investment and management track record of ARA Asset Management Limited, and to further expand SingHaiyi's capacity in the real estate fund management sector.

1 Mont Kiara (Retail)Plus
Location Kuala Lumpur
Gross Floor Area (sq ft) 385,035
Net Lettable Area (sq ft) 234,170
Completion/Major Renovation (Year) 2009 / 2014
Land Tenure Freehold
Occupancy as of 31 March 2019 98.6%
AEON MallPlus
Location Malacca
Gross Floor Area (sq ft) 955,865
Net Lettable Area (sq ft) 623,429
Completion/Major Renovation (Year) 2009 / N.A.
Land Tenure 99 year exp. 2095
Occupancy as of 31 March 2019 100.0%
Citta MallPlus
Location Selangor
Gross Floor Area (sq ft) 651,453
Net Lettable Area (sq ft) 433,476
Completion/Major Renovation (Year) 2011 / N.A.
Land Tenure 99 years exp. 2097
Occupancy as of 31 March 2019 92.2%
Ipoh ParadePlus
Location Ipoh
Gross Floor Area (sq ft) 975,016
Net Lettable Area (sq ft) 615,526
Completion/Major Renovation (Year) 1998 / 2014
Land Tenure 999 years exp. 2885
Occupancy as of 31 March 2019 93.7%
Klang ParadePlus
Location Klang
Gross Floor Area (sq ft) 1,255,007
Net Lettable Area (sq ft) 654,690
Completion/Major Renovation (Year) 1995 / 2014
Land Tenure Freehold
Occupancy as of 31 March 2019 93.6%
Aeon Malacca
Aeon Malacca
Aeon Malacca
Aeon Malacca
Klang Parade
Ipoh Parade
Ipoh Parade
Citta Mall

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