River Valley Road Popular Destination

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Known to be one of the major expatriate areas by the Europeans and other Westerners, River Valley has a fabulous heritage. It stands nearby Orchard Road and the CBD and features some of the most outstanding restaurants and bars in town. These places of attraction are at walking distance from River valley’s condos, thereby making it the most popular residential area. However, such development has occurred very recently.

The golden history of River Valley dates back to the 1960s when the government of Singapore took up the redevelopment of the area by cleaning the Singapore River. The project also included removing the squatters, lighter companies, and hawkers that conducted operations around the area.

The commercialization of the area started with the construction of Liang Court, the first of its kind commercial building …

Former Liang Court

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Liang Court was built in 1980 by developer Wuthelam Group which is owned by the businessman Goh Cheng Lia. This property is addressed at 177 River Valley Road. It includes several service apartments and is shared by a space that is proposed to be Liang Court Shopping Centre and Hotel New Otani.

The switching of this EN Bloc to several owners including Pidemco Land bought 58.9% stake of Liang Court Holdings and took ownership of the regency apartments and the mall in 1999. The company was renamed to Somerset Holdings upon its takeover. After a year, a union between Somerset Holdings and DBS Land’s Ascott known as Ascott group emerged. They sold the Liang Court Mall in 2006 which was bought by Asian Retial Mall Fund II.

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