On 13 November 2025, China Next-Gen Commerce and Supply Chain Limited (3928) confirmed that the purchaser exercised the option to purchase the designated property for S$8.8 million. This option was initially granted under an agreement announced on 10 November 2025.

The transaction constitutes a binding sale and purchase arrangement and is scheduled for completion on 30 December 2025, or on a mutually agreed date. The vendors and the purchaser will finalize the remaining procedures to complete the disposal as outlined in the earlier agreement.