The property is a freehold land site with a gross land area of approximately 4941.3 sqm, intended for the development of the existing marina in Puteri Harbour, as well as for the operation of a proprietary yacht club and sports centre.
SUTL Enterprise (SGX:BHU
) has announced its subsidiary Sarandra Malaysia has entered into a sale and purchase agreement for the sale of its property located in Mukim Pulai District, Johor Bahru, at a purchase consideration of RM11.5 million ($3.3 million).
Sarandra has also entered into a sale and purchase agreement with the same private Malaysian company for the sale of the sheet piles erected or located on the property for a purchase consideration of RM400,000.
