EL Development, Sim Lian team up to develop strata food factory project in Mandai
The freehold project, with nearly 198,000 sq ft strata area, will be built on 2 adjacent sites owned by Sim Lian and Evan Lim & Co
THE Kuik family’s Sim Lian Holdings and the Lim family behind Evan Lim & Co are teaming up to redevelop their neighbouring ageing freehold industrial buildings in Mandai Estate into a 10-storey strata ramp-up development for food factories.
Their joint project, Food Vision @ Mandai, is slated to be launched for sale by year end, The Business Times understands.
Its total gross floor area (GFA) will be about a third more than the combined existing GFA of the 2 buildings.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
Banyan Group heir Ho Ren Yung: ‘Better to be useful than happy’