Aedge Group unit to acquire property in Kallang Bahru for $13.988m
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Aedge Group Limited's subsidiary, HPF Holdings Pte Ltd, is set to acquire a property in Kallang Bahru for $13.988 million. The property spans 2,652.1 square meters and includes buildings on a leasehold from Jurong Town Corporation, with a 60-year lease starting in 1984. HPF Holdings has paid 1% of the purchase price and has until September 22, 2025, to exercise the option. The sale is pending JTC approval, with completion expected by June 1, 2026. Chutex Holdings, the current owner, is not related to Aedge Group.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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