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OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil

Felicia Tan
Felicia Tan5/4/2021 11:55 PM GMT+08  • 2 min read
OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil
The properties have a freehold tenure and comprise a pair of adjoining two-storey conservation shophouses.
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OKP Holdings’ 51%-owned subsidiary, Raffles Prestige Capital, has exercised the option to purchase the properties at 69 and 71 Kampong Bahru Road from Pek Geok Khee and Aw Jieh Yui Midori for a consideration of $12.38 million.

The properties have a freehold tenure and comprise a pair of adjoining two-storey conservation shophouses.

They occupy a land area of around 2,343 sq ft and have a gross floor area (GFA) of 5,947 sq ft.

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