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option to purchase
REITs
MLT granted option to purchase Changi property
MLT has been granted an option to purchase a Changi property that will be accretive to distributions.
July 09, 2021
Property
LHN Group acquires Geylang property for $13.5 mil
The property, which will house 30 units on a land size spanning up to 305.6 sqm, is located at 115 Geylang Road.
April 28, 2021
Broker's Calls
Mapletree Industrial Trust kept at 'buy' despite bittersweet separation with prime data centre asset
As Mapletree Industrial Trust says goodbye to one of its assets, it is still on track towards a positive growth
August 18, 2020
Property
KSH, Lian Beng and Heeton acquire Geylang properties for $60 mil via jointly-owned subsidiary
SINGAPORE (Dec 11): Development 24, a property development and investment holding company owned by KSH Holdings, Lian Beng Group and Heeton Holdings, has exercised an option to purchase a group of freehold properties along Geylang Lorong 24 for a conside
December 11, 2017
M&A
Miyoshi acquires factory property at Tradehub 21 for $1.6 mil
SINGAPORE (Dec 7): Precision engineering firm Miyoshi is acquiring a property at 26 Boon Lay Way, #01-80 Tradehub 21, from Precision Tooling Company (PTC) for a consideration of $1.55 million.
December 07, 2017
Property
Lum Chang to acquire One Tree Hill Gardens for $65 mil
SINGAPORE (May 5): Lum Chang Holdings has, through its subsidiary Lum Chang Auriga, exercised an option to purchase to buy 13 strata units and common areas in the freehold residential property, One Tree Hill Gardens, for a consideration of $65 million.
May 05, 2017
Property
Tuan Sing subsidiary to purchase Hillview site for $47.8 mil
SINGAPORE (April 12): Property developer Tuan Sing Holdings via its wholly-owned subsidiary, Episcia Land, today exercised an option to purchase a piece of vacant land located at 1 Jalan Remaja in Singapore’s Hillview area from Andermatt Investments for
April 12, 2017