P5 Capital Holdings has been granted an option to purchase the property at 39  Kaki Bukit Place, Singapore for a total consideration of $4.3 million.

The option, granted by Singapparel, was acquired for an option fee of $43,000 or 1% of the total consideration. 

The property is a five-storey industrial building, with an approximate gross floor area of 13,110 square feet with a leasehold tenure of 60 years commencing on 20 November 1995. 

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