Parkway Holdings has put in a top bid to buy land to develop a new hospital at the junction of Novena Terrace and Irrawaddy Road. It has offered S$1.25 billion for the site, which is double its nearest rival and five times more than the third-placed bidder. Parkway's bid works out at around $185,000 per square foot of gross floor area. This is the first private hospital site made available by the...
