The HDB has awarded the tender for a residential site at Fernvale Close to a consortium comprising FCL Topaz, Far East Orchard and Sekisui House.
Launched for tender on 15 April, the 14,930.5sq m site received a top bid of S$256.98 million or S$5,737.25 psm over its GFA from the group when the tender closed on 13 June.
The 99-year leasehold site will be developed into a condominium, flats, or a combination of flats and strata landed houses with prior approval. Serviced apartments have not been allowed.
Source – PropGuru – 19 Jun 2013
