HDB awards tender for Fernvale Close site

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

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