News
Siglap site draws 8 bids
The tender for a 99-year leasehold residential site at Siglap Road closed on Thursday after attracting eight bids, according to the Urban Redevelopment Authority (URA).
Launched for sale on 26 November 2015 under the confirmed list of the second half 2015 Government Land Sales (GLS) Programme, the 1.93ha site could yield about 750 condo units.
A consortium comprising Frasers Centrepoint unit FCL Topaz, Sekisui House and Keong Hong Holdings unit KH Capital submitted the top bid of $624.18 million for the site, which translates to about $858 per square foot per plot ratio.
The site is located close to the future Siglap MRT station and the East Coast Parkway (ECP). Parkway Parade, 112 Katong and a number of reputable schools such as Tao Nan School and Victoria Junior College are also nearby.
A decision on the award of the tender will be made after the bids have been evaluated, said the URA.
Picture Source: Aerial view of the site at Siglap Road. (Photo: URA)
Source copied from: http://www.propertyguru.com.sg/property-management-news/2016/1/115164/siglap-site-draws-8-bids
Related article
-
Experts share suggestions for Fresh Start Housing Scheme 30/05/2016
-
Wealthy Malaysians favour Singapore property 30/05/2016
-
Developers confident of disposing units before ABSD deadline 30/05/2016
-
Chinese nationals still buying Singapore homes for their kids 30/05/2016
-
Katong bungalow put up for mortgagee sale 30/05/2016
-
HLH launches phase two of Cambodian project 30/05/2016
-
Singapore’s housing market among the weakest: Knight Frank 30/05/2016
-
South Beach wins top design award 30/05/2016
-
Malaysia’s property market has hit bottom, says developer 30/05/2016
-
Lakeville Residences 09/01/2015
-
Skywoods Residences 08/01/2015
-
The Orient @ Pasir Panjang 08/01/2015
-
Sophia Hills 08/01/2015
Newsletter
Stay up-to-date with the latest property market newsand updates.Subscribe now!
Latest Articles
Lakeville Residences
Lakeville If you are searching for a special place where you can find all the things...
Skywoods Residences
The Skywoods @ Dairy Farm If you are looking for a nature-like residential property...
The Orient @ Pasir Panjang
The Orient @ Pasir Panjang Rooms Type Total Size 1 Bedroom 4 2...
