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https://www.straitstimes.com/singapore/transport/car-dealers-in-ubi-motor-belt-seek-extension-to-expiring-leases Leases for several car showrooms in the Kampong Ubi "motor belt" will be expiring from next year, and companies are scrambling for extensions. Among the half a dozen or so soon-to-expire leases is one held by Automobile Megamart, which operates an eight-storey complex housing more than 100 new car companies, used car dealerships and parallel importers. Its 30-year lease runs out in 2026, and stakeholders have set in motion an appeal for an extension. Another affected property is the Opel showroom held by the Alpine group. Like all others interviewed, Alpine Group managing director Albert Pang said he intends to apply for an extension. "After Leng Kee, this is Singapore's motor belt," Mr Pang said, referring to the Leng Kee-Alexandra Road car showroom district. "Of course we want to stay if we can." Directly opposite his showroom is Sime Darby's Performance Premium Selection used car complex, which recently had its lease extended till 2040.