Goodland unit buys industrial properties in Tai Seng estate for S$18.9m
Add BT as a preferred sourcePROPERTY developer Goodland Group has bought industrial properties located on Kim Chuan Drive for S$18.9 million through its Goodland Citrine unit, it said on Thursday.
The acquisition was executed by exercising an option to purchase. The company plans to redevelop the freehold properties, which are located within the Tai Seng Industrial Estate. The properties have an aggregate land area of about 1,415.3 sq m, hold a "Business 2" zoning, and have a maximum permissible gross plot ratio of 2.5.
Shares of Goodland last traded at S$0.245.
Share with us your feedback on BT's products and services
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Lily Ler to step down as CEO of Mapletree Industrial Trust manager
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
