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Investment Property | 6 Months Ended
--- | ---
Jun. 30, 2017
Notes to Financial Statements |
Investment Property | NOTE 6 - INVESTMENT PROPERTY
|  | As of |  |  | As of |
|  | June 30, 2017 |  |  | December 31, 2016 |
|  | (unaudited) |  |  | (audited) |
Leasehold land and buildings for rental purpose |  | $ | 1,046,036 |  |  | $ | 1,044,213 |
Furniture and fixtures |  |  | 68,893 |  |  |  | 64,695 |
Office equipment |  |  | 15,863 |  |  |  | 12,263 |
Leasehold improvement |  |  | 90,600 |  |  |  | 87,920 |
|  |  | 1,221,392 |  |  |  | 1,209,091 |
Less: Accumulated depreciation |  |  | (213,686 | ) |  |  | (194,802 | )
Total |  | $ | 1,007,706 |  |  | $ | 1,014,289 |
Depreciation expense, classified as cost of rental, was $14,751 and $15,924 for the six months ended June 30, 2017 and 2016, respectively.

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