Hock Lian Seng wins Kaki Bukit site for S$27.3m
Singapore-listed civil engineering group Hock Lian Seng Holdings has won the tender for an industrial site at Kaki Bukit Road 5 / Kaki Bukit Avenue 6 for S$27.3 million, according to Urban Redevelopment Authority data.
The company had submitted the highest bid of about S$140 per sq ft of gross plot ratio for the 30-year leasehold site.
The 140,708-sq-ft -site is zoned for “Business 2” development and has a maximum gross plot ratio of 1.4.
Comments Off on Hock Lian Seng wins Kaki Bukit site for S$27.3m
Posted in Government, Property Market / Real Estate
Tagged GLS, Government Land Sales, Hock Lian Seng Holdings, Kaki Bukit Road 5 / Kaki Bukit Avenue 6, Singapore Property Market, Singapore Real Estate
The tender for an industrial site at Kaki Bukit Road 5 has attracted eight bids.
According to the Urban Redevelopment Authority (URA), civil engineering firm Hock Lian Seng Holdings put in the top bid of S$27.3 million for the site.
The other seven bids lodged range from S$14.0 million to S$26.6 million.
URA closed the tender for the industrial site at Kaki Bukit Road 5 on Thursday.
The 30-year leasehold site spans 13,072.2 square metres.
It can be developed for various uses such as light industry, general industry, utilities or telecommunication uses as permitted under the Planning Act.
Source : CNA – 2012 Jun 15
Comments Off on Tender for Kaki Bukit Road industrial site attracts 8 bids
Posted in Government, Office / Retail / Industrial
Tagged GLS, Government Land Sales, Hock Lian Seng Holdings, Kaki Bukit Road industrial site, Singapore Property, URA, Urban Redevelopmemt Board
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