HDB awards Jurong EC site at $272.8m

An executive condominium (EC) site at Yuan Ching Road/Tao Ching Road in Jurong has been awarded to a consortium comprising Evia Real Estate, BBR Development, CNH Investment and OKP Land, after it offered the top bid of S$272.83 million.

The 217,298 sq ft site received an overwhelming response with 16 bidders when its tender closed on 30 July, according to the housing board.

Meanwhile, two other EC sites whose tenders closed on the same day have also been awarded to their respective top bidders.

The 146,010 sq ft plot at Punggol Central/Edgedale Plains was awarded to Master Contract Services/Keong Hong Construction, while the larger 259,031 sq ft site at Punggol Drive/Edgedale Plains was awarded to Peak Square.

Source – PropGuru – 5 Aug 2013

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