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Kimly buys coffeeshop at Serangoon Central for $13.15 million

The Edge Singapore
The Edge Singapore  • 1 min read
Kimly buys coffeeshop at Serangoon Central for $13.15 million
File photo of a Kimly-operated coffeeshop / Photo: Albert Chua
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Coffeeshop chain operator Kimly (SGX:1D0) is paying $13.15 million to buy a coffeeshop at Serangoon Central from Lee Quan Enterprises.

The property, at Block 204 Serangoon Central #01-104, has a total floor area of 358 sqm which consists of a 3-room flat on its second level, besides the coffeeshop.

The property is on a 90-year leasehold starting from October 1994.

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