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
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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