Property developer Hao Yuan Investment has admitted that the botched proposed sale of its Forestville executive condominium (EC) was due to "some technical issue." In a statement on Wednesday, Hao Yuan said it acknowledged that "there were some technical issues with regards to Forestville Executive Condominium." It added that its "architects are working closely with the relevant authorities to resolve...
Hao Yuan Investment
The Urban Redevelopment Authority has awarded the tender for a residential site at Sembawang Road and Jalan Sendudok to Hao Yuan Investment. The company submitted the highest bid of nearly S$192 million. That translates to about S$4,952 per square metre. The plot has a site area of almost 28,000 square metres, and a maximum gross floor area of almost 39,000 square metres. The tender for the residential...
Hao Yuan Investment has submitted the highest bid of S$191.8 million for a residential site along Sembawang Road and Jalan Sendudok. The Urban Redevelopment Authority (URA) closed the tender for the site, after receiving six bids in total. The 27,600 square metre site, with a 99-year lease, was launched for tender on March 29. CBRE Research said the site seems fairly popular based on the number of bids...