Jalan Loyang Besar

URA awards tender for residential site

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...

Pasir Ris residential site awarded to MCL Land

The Urban Redevelopment Authority on Thursday awarded a residential site at the junction of Jalan Loyang Besar and Pasir Ris Drive 4 to MCL Land, which submitted the top bid of S$246.1 million at the close of tender on Tuesday. There were only three bids submitted, with observers saying this was because developers were concerned over potential competition from projects at nearby sites, including those at...

Residential site at Jalan Loyang Besar/Pasir Ris attracts 3 bids

A residential site at the junction of Jalan Loyang Besar and Pasir Ris Drive 4 has attracted only three bids at the close of tender. The top bid came from MCL Land at S$246.1 million, with the lowest bid coming from a partnership between FCL Topaz, F.E. Lakeside and China Construction Development at S$220.1 million. Some observers said that there were only a few bids because developers were concerned...

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