SINGAPORE (Dec 20): Goodland Group, the premier lifestyle property developer, today announced that its wholly-owned subsidiary, Goodland Citrine, has exercised an option to acquire two industrial properties located at 31 and 33 Kim Chuan Drive for a consideration of $18.9 million.

The two properties have a freehold tenure with an aggregate land area of about 1,415.3 sqm with “Business 2” zoning and a maximum gross plot ratio of 2.5.

The properties are located within Tai Seng Industrial Estate and are within walking distance to Tai Seng MRT.

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