Award of tender for residential site at Buangkok Drive / Sengkang Central

The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Buangkok Drive / Sengkang Central to White Haven Properties Pte. Ltd, a unit of Singapore-listed City Developments (CDL).

The company submitted the highest bid in the tender for the site at S$301 million.

The residential site was launched for sale by public tender on 16 April 2012 and closed on 12 June 2012. The land parcel was offered for sale on a 99-year lease term.

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