Aedge Group unit to acquire balance of Kallang Bahru property lease

The site has a land area of 2,652.1 square metres and a built-up area of 6,617.9 sq. m.

Aedge Group’s 51%-owned subsidiary HPF Holdings has exercised the option to purchase the balance of the lease for a property at Kallang Bahru with a deposit of $559,520.

The property is a leasehold granted by Jurong Town Corporation with a 60-year lease term and has a land area of 2,652.1 square metres and a built-up area of 6,617.9 sq. m.

The company will pay the balance consideration of $13.29m upon completion, which will take place on 1 June 2026.

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