\nThe freehold site near Potong Pasir MRT station was recently sold for $47 million to a Malaysia-listed developer. (Photo: Savills Singapore)<\/p>\n
The Urban Redevelopment Authority (URA) has revealed that the former National Aerated Water Company, one of the last few reminders of Singapore\u2019s industrial past, may be conserved, reported The Straits Times.
The freehold site near Potong Pasir MRT station was recently sold for $47 million to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-38625","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-a2Z","jetpack-related-posts":[{"id":121345,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jui-residences-117-units-fully-sold-since-soft-launch-in-2018\/","url_meta":{"origin":38625,"position":0},"title":"Jui Residences\u2019 117 units fully sold since soft launch in 2018","date":"August 10, 2021","format":false,"excerpt":"\r All 117 units at Jui Residences have been fully sold, with a selling price of about $1,600 psf. 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(201,511 sq ft.) residential site at Toh Tuck Road in Singapore has been awarded to a subsidiary of Malaysian developer SP Setia after it submitted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-to-launch-new-projects-in-clementi-potong-pasir-in-next-two-years\/","url_meta":{"origin":38625,"position":2},"title":"UOL to launch new projects in Clementi, Potong Pasir in next two years","date":"November 21, 2016","format":false,"excerpt":"\r The Clement Canopy in Clementi is set to be launched in early 2017. (Photo: URA) Property developer UOL Group is planning to launch two new residential projects in Clementi and Potong Pasir over the next two years, reported Singapore Business Review, citing a report from OCBC Investment Research. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-national-aerated-water-factory-building-to-be-conserved\/","url_meta":{"origin":38625,"position":3},"title":"Former National Aerated Water Factory building to be conserved","date":"December 18, 2017","format":false,"excerpt":"\r The former National Aerated Water Company is one of the last few reminders of Singapore\u2019s industrial past.(Photo: Savills Singapore) In recognition of its heritage value and role as a landmark within the area, the main building of the former National Aerated Water Factory will be gazetted for conservation, announced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30964,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-bidadari-from-graveyard-to-hot-property\/","url_meta":{"origin":38625,"position":4},"title":"Get the Guru View: Bidadari \u2014 From graveyard to hot property","date":"October 21, 2016","format":false,"excerpt":"\r Alkaff Vista, one of the new BTO projects in Bidadari. 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Situated on an approximately\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38625"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=38625"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38625\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=38625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=38625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=38625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u201cWe recognise the architectural and heritage value of the National Aerated Water Company\u2019s building and its role as a landmark in the area,\u201d said a URA spokesman.
\n\u201cThis is a private property, and we will engage the building owner to explore the possibility of conserving the building.\u201d
\nLocated near the Potong Pasir MRT station, the freehold site which houses the disused bottling company was recently sold for $47 million to Malaysia-listed developer Selangor Dredging Berhad.
\nZoned for residential use under the land use Master Plan, the site can yield 117 apartments.
\nSet up in the late 1920s by three brothers, the building that once bottled soft drinks such as Sinalco, Green Spot, Kickapoo Joy Juice and Royal Crown Cola sat dilapidated after the company ceased operations in the 1990s.
\nThe sale and potential razing of the art-deco structure has caused concern among the heritage community. A Facebook page called Save The National Aerated Water Company Building was even set up in a bid to save the building.
\nIn 2007, several individuals in the heritage community flagged the historic building for conservation to the URA.
\nAside from the building\u2019s art deco design, Dr Yeo Kang Shua, Assistant Professor of Architecture and Sustainable Design at the Singapore University of Technology and Design, also highlighted the structure\u2019s rear, which features a unique saw-tooth roof design.
\nHe noted that the clever design allowed \u201ca lot of daylight into a very deep factory building, therefore minimising the reliance on electricity\u201d.
\n\u201cI hope that the new owner appreciates the historical significance of the site to Singaporeans, and is open to work with the authorities to work on a development plan that is sensitive to the historic structure.\u201d
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…URA looks to conserve the National Aerated Water Company building<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"