Sevens Atelier to purchase industrial building at 60 Bendemeer Road for $4.15 mil

Sevens Atelier, a Singapore-listed company, has been granted an option to purchase the 99-year leasehold, single-storey industrial building at 60 Bendemeer Road. The property occupies a 4,402 sq ft area with a remaining lease of 40 years and 10 months. It is currently occupied by Olympia Engineering, a Singapore-incorporated entity that deals with the trading and exporting of ISUZU automotive spare parts.

The option must be exercised by May 23, with a consideration of $4.15 million, which was derived from a willing-buyer-willing-seller basis and taking into account the indicative valuation from a Singapore-based bank for similar properties within the vicinity. Sevens Atelier intends to rebuild the property to house its showroom and administrative operations team.

Upon completion of the sale, and subject to obtaining the necessary approvals, the transaction is expected to be completed within three months. This acquisition is also seen as a strategic move by the group to …

Altura EC Located Near to Jurong Easy Shopping Centre and West Mall Near to Bukit Batok Nature Park

Altura EC also boasts an array of shopping and dining options, including the Jurong East Shopping Centre, the West Mall, and Yuhua Village Market & Food Centre.

Altura EC is a hub of recreational and leisure activities, with its many parks and green spaces. Residents can take advantage of outdoor activities such as jogging, cycling, and picnicking at the Bukit Batok Nature Park, Bukit Batok Hillside Park, and the Bukit Batok Town Park (also known as Little Guilin). The Civil Service Club @ Bukit Batok also provides a selection of sports and leisure amenities, with swimming pools, a fitness center, bowling alleys, and more. A diverse range of shopping and dining opportunities are also on offer at the Jurong East Shopping Centre, the West Mall, and Yuhua Village Market & Food Centre. Altura EC is the perfect place to enjoy a range of recreational and leisure activities.

The Jurong Region …