Capitaland Investment Limited: Investment Property Vs PPE

Mr. Highfly graduated with an accounting and finance degree in 2023, after which he was hired as an accountant by SG Development Limited (SDL). SDL was listed in the Singapore Exchange (SGX) and had established a reputation as a reliable provider of trading and shipping services in ASEAN countries. It planned to expand its operations to the real estate segment in Southeast Asia.

In the first week after Mr. Highfly reported for duty, he was tasked to investigate the accounting treatments for investment properties and their implications on the company’s financial statements.