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1. Written by News on 13-07-2010 14:28
 
 
BBR buys Goodrich Park site for S$86 mln
BBR Holdings (S) Ltd said on Monday that it has entered into a sale & purchase agreement to buy a plot of freehold land at 2A/B/C/D Simon Lane for S$86 million. 
 
The group aims to develop a low-rise condominium project on the 9,076.9 sq m (97,703 sq ft) site which currently houses Goodrich Park Condominium. 
 
The site can potentially be developed into a 5-storey condominium comprising about 120 units of around 1,200 sq ft each. 
 
The development project is targeted to be launched sometime in end-2011. 
 
Purchase of this site will be funded by the group's internal resources and bank borrowings
 

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