The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Pheng Geck Avenue to Santarli Corporation Pte Ltd. The company submitted the highest bid of S$114.8 million for the 4,850 square metre site. The site has a maximum permissible gross floor area of 16,977 square metres. This translates the top bid to about S$6,762 per square metre, or S$628.23 per square foot per plot...
Pheng Geck Avenue
The land site for residential housing at Pheng Geck Avenue has attracted 13 bids at the close of tender on Thursday. Santarli Corporation placed the highest bid of S$114.8 million for the 4,850 square metre site. The site also has a maximum permissible gross floor area of 16,977 square metres. This translates the top bid to about S$6,762 per square metre, or S$628.23 per square foot per plot...
To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) are releasing five residential sites for sale in May 2012. Together, these sites will yield about 2,100 units as part of some 14,000 residential units to be released under the Government Land Sales (GLS) Programme for 1st half 2012 (1H2012). The...