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BreadTalk Group granted option to buy Sixth Avenue property

PC Lee Published on Wed, May 02, 2018 / 7:18 PM GMT+8

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SINGAPORE (May 2): BreadTalk Group subsidiary Imagine Properties was granted an option to purchase the property located at 8 and 8A Sixth Avenue.

The property is a two-storey corner unit shophouse with a total land area of 2,451 sf.

The purchase consideration for the property is $12.5 million excluding GST and was arrived at on a willing-buyer willing-seller basis after arm’s length negotiations between the company and the vendor.

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