The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Jalan Loyang Besar/Pasir Ris Rise to Hoi Hup Realty, Sunway Developments and Oriental Worldwide Investments. The consortium submitted the highest bid of some S$141 million in the tender for the site. Their winning bid translates to a land price of about S$361 per square foot of gross floor area. The tender for the...
Hoi Hup
Pender Court, a 48-unit development at the foot of Mount Faber, has become the eighth successful en bloc sale in Singapore this year. The property was sold to Hoi Hup Realty for S$95 million. That translates to about $1,007 per square foot per plot ratio. Credo Real Estate launched a tender for the site that closed in May. The collective sale is subject to approval from the Strata Titles Board. With...
The Housing and Development Board has awarded the tender for a public housing site under Design, Build and Sell Scheme (DBSS) to Ho Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Hoi Hup JV Development Pte Ltd. Their successful joint bid was S$198,822,000 for the site at Lorong 1A Toa Payoh. The plot has an area of 27,479.9 square metres and an allowable gross floor area of 115,415.58 square...