The unit has a 47-year lease from 2012 and measures some 521 sqm (5,608 sq ft). The unit has been leased out since January 2021. No valuation was carried out in connection with the sale.
Stamford Tyres has agreed to sell its unit at North Link Building for a cash consideration of $1.695 million. The unit is located at 10 Admiralty Street, #01-78.
The company’s wholly-owned subsidiary, Stamford Tyres (SGX:S29
) International Pte Ltd entered into a sale and purchase consideration with joint purchasers Ng Ah Siang and Lee Kim Poo. The sale is scheduled to be completed on Dec 20.
