Freehold residential property Cavenagh Mansions has been sold to SDB Asia for S$42.4 million. Property consultancy Knight Frank said this translates to a land price of S$1,025 per square foot per plot ratio on the potential saleable area of 41,608 square feet. SDB Asia is a wholly-owned subsidiary of Selangor Dredging Berhad (SDB). SDB is a property development and management group listed on the main...
