HDB awards tender for Miltonia Close residential site

The Housing & Development Board (HDB) has awarded the tender for the residential site at Miltonia Close to Hoi Hup Realty and Sunway Developments.

The joint bidders submitted the highest tender of S$165 million for the Yishun site.

The HDB received a total of seven bids.

The land parcel is 27,000 square metres.

It has been slated for either strata landed housing or a condominium development.

The site was launched for public tender on July 2 and has a lease period of 99 years.

Source : Channel NewsAsia – 2 Sep 2010

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