JTC Corporation releases its North Buona Vista Drive (LX 1-1) site for sale under the government’s reserve list .
The 99-year lease site is located at the junction of North Buona Vista Road and Commonwealth Avenue West.
Under the Reserve List system of the Government Land Sale programme, the site would only be put up for tender after the minimum bid price received from a developer is found acceptable by the government. Interested developers will then have up to 8 weeks to submit their tender bids. – CNA /ls
Source : Channel NewsAsia – 30 Apr 2008