Category Archives: Land Sales

HDB awards tender for Fernvale Close site

Posted on 19 Jun 2013 | Comments Off

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

Comments Off on HDB awards tender for Fernvale Close site

Posted in HDB, Land Sales

Tagged Far East Orchard, FCL Topaz, Fernvale Close, Residential Site, Sekisui House

Faber Walk residential site draws S$156.7m top bid

Posted on 19 Jun 2013 | Comments Off

A residential site at Faber Walk drew interest from 18 bidders when tender closed yesterday, according to the Urban Redevelopment Authority (URA).

Launched for tender on 15 April, the 15,125.4sq m site has a maximum gross floor area (GFA) of 21,176 sq m and a lease period of 99 years.

World Class Land submitted the top bid of S$156.7 million or S$7,399.32 psm over the GFA, while Keng Hoe Development submitted the second highest bid at S$155 million.

The lowest bid was offered by Vantage Properties at 110.8 million.

The winning bid will be announced after the bids have been evaluated.