SINGAPORE (Dec 4): Healthway Medical Group (HMG) has signed $2 million worth of leases with Alkas Realty to lease two units located at 61A Shenton Way for a period of five years.

Through the leased units at the second and third floors of the building, respectively, the group intends to expand its health screening centre, general practice (GP) and dental care business, considering the premises’ good catchment area of potential patients around the central business district (CBD).  

Aggregate gross rentals from start from $114,260 for the second-floor unit and $259,897 for the third-floor unit over the first year. They are capped at $124,647 and $283,524, respectively, from the third to fifth years.  

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