The government tender for a 99-year leasehold condominium site in Jalan Lempeng near Clementi town centre attracted eight bids at the close yesterday, with the top price of S$408 million coming from Multi Wealth, a wholly-owned unit of Malaysian developer IOI Properties. Multi Wealth's bid is 13 per cent and 22 per cent above the second- and third-highest bids, respectively, reflecting the keen interest...
Jalan Lempeng
Three new residential sites for private housing have been released under the Government Land Sales (GLS) Programme. The sites are at Mount Vernon Road, Jalan Lempeng and the Kovan Road/Simon Road area. The Urban Redevelopment Authority and the Housing & Development Board said the sites are for sale on Tuesday, by public tender. Together, they are expected to yield about 1,830 units, adding to the...