The Singapore columbarium facility began operations in 2009 after an acquisition and a major renovation. As at June 30, 2014, there were 4,864 double niches for sale and another 5,440 double niches with development underway. The Singapore columbarium was fitted with high quality materials, including its niches, which cleverly embody design creativity and technological advancement. It commands the highest average selling price per niche. The Singapore facility is also the only commercial columbarium facility in Singapore. We are planning to expand our Singapore facility through a capacity increase by 24,640 double niches equivalent.
Kek Lok Si
In 2011, we began our collaboration with Kek Lok Si temple to construct and operate a columbarium facility on Penang Island, Malaysia. The Kek Lok Si temple is one of the largest Buddhist temples in Southeast Asia. We believe that our partnership with Kek Lok Si temple will further strengthen our commitment to upholding the traditional values as we deliver our attention-to-detail death care services to our discerning customers.
From design to construction and operation, Nirvana accords the highest standards and best practices to this columbarium. During the construction, we took into consideration the valuable input from Kek Lok Si temple, especially on religious matters. We sincerely thank all those who supported our idea and we believe that we have presented the columbarium in its most glorious form. We have also established a dynamic sales agency network in Penang Island to market and sell our columbarium facilities. As at June 30, 2014, there were 6,211 double niches for sale and another 12,500 double niches being planned. The Kek Lok Si temple donates a portion of the proceeds of the sales to charity on a regular basis.