An industrial site at Gambas Crescent (Parcel 4) attracted four bids at the close of tender by the Urban Redevelopment Authority (URA) on Tuesday (Aug 26). The highest bid of S$35 million came from NSS Realty Pte Ltd, while the lowest bid of S$25.6 million was put in by Hock Lian Seng Holdings. The 1.57-hectare site is zoned for Business-1 development and has a 30-year tenure and a maximum gross plot...
Gambas Crescent
The sales tender for two industrial sites at Gambas Crescent drew good response from developers. Grow-Tech Properties has lodged the highest bids for both plots, according to details from the Urban Redevelopment Authority. The first site - Parcel 1 - has attracted a total of six bids, with a top bid of S$44.77 million from Grow-Tech Properties and is 48.5 percent higher than the next highest...