The Urban Redevelopment Authority (URA) has awarded the tender for an industrial site at Woodlands Avenue 12 to Boon Keng Development Pte Ltd. URA said the company submitted the highest bid in the tender for the site. The tender was launched on 25 March 2010 and closed on 21 April 2010. The land parcel was offered for sale on a 60-year lease. Source : Channel NewsAsia – 27 Apr...
Boon Keng Development
Boon Keng Development has submitted the highest bid of S$65.2 million for an industrial site at Woodlands Avenue 12. The price translates to about S$75 per square foot per plot ratio. The top bid is some 29 per cent higher than the second highest offer of S$50.6 million from Affluence Resource. Whye Wah Group put in the lowest bid of S$31 million. All in, the Urban Redevelopment Authority (URA)...
Developer Boon Keng Development has put in the top bid of S$11.8 million for a landed housing site at Westwood Avenue. The price for the 150,700 sq ft site, which is being sold on a 99-year lease, works out to be S$78 per sq ft. Only two bids were received by the Housing and Development Board (HDB) for the plot. Sunway Concrete Products put in the lower offer of S$10.3 million. Property consultants CB...