Business Times·Business

First Reit sells Lentor nursing home for S$14.2 million

Summarised by Spiced Kopi · 13 November 2026, 12:28 UTC ·10 sec listen

First Reit will sell The Lentor Residence nursing home for S$14.2 million, below its fair value of S$14.3 million. The agreed sale price is S$100,000 less than the fair value recorded for the nursing home.

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