A TENDER for a well-located condominium land parcel at Serangoon Ave 3 closed on Wednesday with a whopping 15 bids.
Intrepid Investments came in first with a bid of $221.21 million or $5,692.9 per sq m of gross floor area, said the Urban Redevelopment Authority.
Other bidders include Keppel Land and Sim Lian Land.
The site is next to Lorong Chuan MRT station and the Australian International School.
Source : Straits Times – 7 Oct 2009
The tender for a 99-year leasehold residential site at Serangoon Avenue 3 drew 15 bids on Wednesday, the Urban Redevelopment Authority (URA) said.
Intrepid Investments, a unit of Hong Leong Holdings, submitted the highest bid of $221.2 million or $529 per sq ft of gross floor area.
The lowest bid came from Lippo Estates, at $120 million or $287 per sq ft of gross floor area.
Source : Business Times – 7 Oct 2009
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