
Automotive
3 min read
Singapore’s Top Used-Car Hub Faces Uncertainty: Dealers Scramble to Raise $53M for Lease Extension
Owners of the 76 units at Automobile Megamart, the largest used-car hub in Singapore, are faced with a SGD68 million (US$53 million) bill, due by May 15, to extend the complex’s lease until 2040. However, unanimous agreement between all owners is required,…
