Selangor Dredging to sell Kuala Lumpur headquarters for RM480 mil
KUALA LUMPUR (June 21): Selangor Dredging Bhd (SDB) is selling Wisma Selangor Dredging along with the land in Jalan Ampang here for RM480 million cash.
Selangor Dredging buys Singapore land for S$72 mil
KUALA LUMPUR (June 8): Selangor Dredging Bhd (SDB), via its indirect 50% associated company Champsworth Development Pte Ltd, has acquired a parcel of prime land in Draycott Park, Singapore for S$72 million (RM223.
Selangor Dredging 4Q profit jumps eight times on property revaluation
KUALA LUMPUR (June 1): Selangor Dredging's net profit jumped by more than eight times to RM50.
Thirty something and still in top condition
NON-STRATA COMMERCIAL CATEGORY — BRONZE WISMA SELANGOR DREDGING Located in the heart of Kuala Lumpur city centre, Wisma Selangor Dredging is a low-density office complex comprising four towers, namely West, North, South and East.
In honour of Malaysia’s best managed properties
Properties, regardless if they are big or small, landed or non-landed, a single building or a vast township, residential or commercial, all need tender loving care.
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Petronas Twin Towers shine at TheEdgeProperty.com Malaysia’s Best Managed Property Awards 2017
PETALING JAYA (April 3): The iconic Petronas Twin Towers led the list of properties that emerged tops at the inaugural TheEdgeProperty.
Overlooked corner of Singapore — Moonstone Lane, St Michael’s area
WHEN Malaysia-listed developer Selangor Dredging Bhd (SDB) announced early last month that it was buying a freehold site in Serangoon Road from National Aerated Water Company for S$47 million, it brought attention to a neighbourhood off Serangoon Road that has been overlooked for some years.
DONE DEAL: Park Seven condominium, KLCC
Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.
Selangor Dredging buys property in Singapore for RM147 mil
KUALA LUMPUR (Dec 8): Selangor Dredging Bhd (SDB) has proposed the acquisition of a freehold property in Singapore’s Serangoon Road for S$47 million (RM146.
Curiosity arises over Selangor Dredging’s land sale in Damansara Heights
LAST week, Selangor Dredging Bhd (SDB) announced to Bursa Malaysia that it has entered into an agreement to sell 16 parcels of land in Damansara Heights to a little-known company, Bukit Selesa Development Sdn Bhd (BSDSB), for RM71 million cash.
