The Housing & Development Board has awarded the tender for the land parcel at Punggol Central/Edgedale Plains to Qingjian Realty (South Pacific) Group.
The developer had submitted a bid of S$215.87 million for the 20,256.1 sq m site.
The 99-year leasehold site is earmarked for condominium housing development that can yield an estimated 610 units.
It has a maximum gross floor area of 60,768.30 square metres.
The site received five bids when the tender closed on 3 November.
Source : Channel NewsAsia – 8 Nov 2011