THE tender for a mall at Clementi Town Centre which closed on Tuesday, attracted a top bid of $541.9 million from CM Domain.
It was a whopping 41.8 per cent above the second bid of $382 million from Titanium (AMT) and Guthrie (Anshan).
There were six bids in all, according to a statement from the Housing & Development Board.
Other bidders include CapitaMall Trust and Sim Lian Holdings.
The suburban mall is part of a larger 40-storey development that has two blocks of HDB flats and a bus interchange.
Source : Straits Times – 10 Nov 2009
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