Selangor Dredging looks to sell conserved freehold building at guide price of S$18.9m
The property along Kallang River is fully approved for restaurant use on ground floor, office use on second floor
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Singapore
WITH Jui Residences recently sold out, Malaysian developer Selangor Dredging Berhad (SDB) is putting a conserved freehold commercial building, which is integrated with the residential development, up for sale at an indicative price tag of S$18.9 million.
SDB purchased the parcel of land along Serangoon Road from National Aerated Water Company in December 2016 for S$47 million, although there were additional development charges to intensify the land use from industrial to residential.
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