World Class Land wins tender for Faber Walk site

World Class Land has been awarded the tender for a residential site (pictured) at Faber Walk at a bid price of S$156.68 million.

The Urban Redevelopment Authority (URA) launched the tender for the 15,125.4sq m site on 15 April. The site attracted 18 bidders at the close of the tender on Tuesday with World Class Land posting the highest bid.

With a maximum gross floor area (GFA) of 21,176 sq m, the residential site is expected to yield 210 housing units.

Source : PropGuru – 21 Jun 2013

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