The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

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

Nisha Ramchandani

Nisha Ramchandani

Published Fri, Aug 27, 2021 · 05:50 AM
Share this article.

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.

In December 2017, the Urban Redevelopment Authority announced that the main building of the fo…

SEE ALSO
Are Singapore’s prime office buildings overpriced in offering 3 per cent yield?
A NEWSLETTER FOR YOU
Tuesday, 12 pm
Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

KEYWORDS IN THIS ARTICLE

CBRE
Singapore property

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here