SINGAPORE: A land parcel at Sumang Walk has attracted 17 bids at the close of its tender on Tuesday (Feb 27).
The Housing and Development Board (HDB) said the sale site, earmarked for executive condominium housing, received a joint top bid of S$509.37 million from CDL Constellation and TID Residential. This works out to about S$6,275 per square metre of the gross floor area (GFA).
Land Parcel at Sumang Walk (Image: HDB)
The tender for the 27,056.4 square metre site was launched on Dec 12, 2017. In a press release, HDB said the 99-year leasehold site can potentially yield a maximum of 820 dwelling units.
The HDB added that a decision on the award of the tender will be made after all bids have been evaluated.
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The Housing and Development Board (HDB) said the sale site, earmarked for executive condominium housing, received a joint top bid of S$509.37 million from CDL Constellation and TID Residential. This works out to about S$6,275 per square metre of the gross floor area (GFA).
The tender for the 27,056.4 square metre site was launched on Dec 12, 2017. In a press release, HDB said the 99-year leasehold site can potentially yield a maximum of 820 dwelling units.
The HDB added that a decision on the award of the tender will be made after all bids have been evaluated.
Let's block ads! (Why?)
More...