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Food factory site in Mandai fetches S$74 million, among recent big-ticket industrial deals

THE industrial property market has been buzzing with big-ticket sales in the past few months. These include a S$74 million deal for a freehold food factory development site in Mandai. A building in Senoko Loop, meanwhile, has fetched S$53.2 million and a property in Pandan Road is being sold for S$36 million; both are on JTC sites with balance leases of more than 20 years each.
Singapore General Unitedland Development Ding Zhou Group Redevelopment Authority Senoko Loop Pandan Road

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Man sustained minor injuries after landslide at Clementi park connector

Singapore News - A section of the park connector in Clementi near an almost completed Housing Board Build-To-Order (BTO) project has closed after soil spilt into the nearby canal on Friday morning. According to the MP for the area Sim Ann, a landslide near the Clementi... Read more at www.tnp.sg
Ghim Moh Singapore General Ulu Pandan Isabelle Liew Clementi Northarc Sim Ann

Wah Seong sells idle Singapore asset for RM40m

KUALA LUMPUR (Jan 5): Wah Seong Corp Bhd is selling a leasehold property in Pandan Road, Singapore for S$13 million (RM40.1 million) as part of its initiative to unlock idle assets and improve its working capital position. The piping expert said its indirect wholly-owned subsidiary in Singapore, WS Engineering & Fabrication Pte Ltd is selling the 13,734 sq m land together with buildings erected on it to Swee Joo (Pte) Ltd.
Kuala Lumpur Ws Engineering Fabrication Pte Ltd Swee Joo Pte Ltd Wah Seong Corp Bhd Pandan Road Fabrication Pte Ltd

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