Polaris grants option to sell UB.One office unit for S$980,000

Reuters2026/08/05 23:17

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Polaris granted BC2 Asset Management an option to buy its 81 Ubi Avenue 4 #03-13 office unit for S$ 980,000.
Estimated disposal gain about S$ 530,437, based on FY2025 book value of S$ 419,563 less about S$ 30,000 costs.
Independent valuation on Aug. 4 put market value at S$ 900,000.
Net proceeds estimated at about S$ 950,000; S$ 225,622 earmarked for mortgage repayment, balance for working capital.
Option expires Aug. 26; completion due within eight weeks of exercise.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polaris Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: AOZ1F2BQRLM7BW9A) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Polaris grants option to sell UB.One office unit for S$980,000

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