Sale Price Of 72 Loyang Way Property Brought Down Due to Further Extension Of Final Approval

The sale price of 72 Loyang Way property has been brought down by S$1 million (US$740,000) as the final deadline for obtaining approval for the proposed divestment was extended yet again to 28 May 2020.

Based on the earlier Sale and Purchase Agreement, the property was previously priced at S$34.08 million (US$25.28 million).

Soilbuild Business Space REIT, the seller of the property, has recently issued a statement that they are revising the property’s sale price to S$33.08 million (US$24.54 million) “in consideration of the further extension”.

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