Pheng Geck Ave site awarded to Santarli

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A residential site at Pheng Geck Avenue (Parcel B) has been awarded to Santarli Corporation after it submitted the highest bid of S$114.8 million in a public tender.

The land parcel was launched by the URA (Urban Redevelopment Authority) under the confirmed list of the Government Land Sales (GLS) Programme for 1H2012 and has a maximum gross floor area (GFA) of 16,977 sq m and a site area of 4,850.5 sq m.

The tender for the site closed on 28 June with a total of 13 bids received from developers.

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