Mfc-Nichada Thani Property Fund (BKK:MNIT) Buildings And Improvements : ฿0.00 Mil (As of Dec. 2023)

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What is Mfc-Nichada Thani Property Fund Buildings And Improvements?

Mfc-Nichada Thani Property Fund Buildings And Improvements Historical Data

The historical data trend for Mfc-Nichada Thani Property Fund's Buildings And Improvements can be seen below:

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Mfc-Nichada Thani Property Fund Buildings And Improvements Chart

Mfc-Nichada Thani Property Fund Annual Data

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Buildings And Improvements

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Mfc-Nichada Thani Property Fund Quarterly Data
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Mfc-Nichada Thani Property Fund Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

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Address

Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110

Website

https://www.mfcfund.com

Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

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