In its filing to SGX on June 8, Goodland Group says it intends to redevelop the land on which the properties are situated.
Goodland Group has entered into a sale and purchase agreement to acquire four freehold double-storey shophouses located on Serangoon Road for $16 million.
The acquisition of the properties, located at 11375, 11377, 1379 and 13811 Serangoon Road, will be subject to approvals from the relevant authorities.
