Tag Archives: HDB News

Singapore Property : Mall draws top bid of $542m

Posted on 11 Nov 2009 | Comments Off

THE tender for a mall at Clementi Town Centre which closed on Tuesday, attracted a top bid of $541.9 million from CM Domain.

It was a whopping 41.8 per cent above the second bid of $382 million from Titanium (AMT) and Guthrie (Anshan).

There were six bids in all, according to a statement from the Housing & Development Board.

Other bidders include CapitaMall Trust and Sim Lian Holdings.

The suburban mall is part of a larger 40-storey development that has two blocks of HDB flats and a bus interchange.

Source : Straits Times – 10 Nov 2009

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Posted in HDB

Posted on 11 Nov 2009 | Comments Off

The Housing and Development Board (HDB) said on Monday it has put up for tender a residential site at Westwood Avenue.

The site was placed on the reserve list and the sale process was triggered after a developer committed to submitting a minimum bid of S$15 million.

The land parcel has a site area of 14,098.8 square metres and is proposed for landed housing development.

Located within Jurong West town, HDB said the site is next to Westville landed housing estate and is easily accessible.

The tender will close at noon on December 8.

Source : Channel NewsAsia – 9 Nov 2009

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Posted in HDB