Properties
Claymore Connect
442 Orchard Road, Singapore 238879
-
~7,187 sq m
Net Lettable Area
Claymore Connect is a family-friendly mall located within a short walking distance from Orchard MRT station. Its main entrance is along Claymore Road, with direct access to Orchard Hotel from the mall's mezzanine floor and Level 2.
The mall caters to the captive residential population in the nearby precincts of Tanglin, Orchard and Claymore. Orchard Hotel guests also enjoy the convenience of the F&B outlets, beauty, wellness and lifestyle services at the mall.
Apart from the anchor tenant Cold Storage, Claymore Connect features tenants such as MapleBear Singapore - an early education centre, Line Pilates - Pilates studio dedicated to enhancing wellness and fitness and Wonderlit Education Centre - a creative enrichment space for young children.
Property Details [ – ]
Net lettable area (including Galleria) | Approximately 7,187 sq m |
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Car park facilities | The car park facilities are shared with Orchard Hotel |
Title | 75-year leasehold interest commencing from 19 July 2006 |
Purchase price at 19 July 2006 | S$34.5 million |
Valuation (1) as at 31 December 2023 | S$110.0 million |
FY 2023 Key Financials [ – ]
Rental income | S$7.6 million |
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Net property income | S$5.6 million |
Total number of tenants as at 31 December 2023 | 26 |
Committed occupancy rate as at 31 December 2023 | 96.5% |
- (1)The property was valued by Knight Frank Pte Ltd using a combination of the Capitalisation and Discounted Cash Flow approaches.
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