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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.