The Housing Development Board (HDB) has awarded the tender for the site at the junction of Tampines Avenue 5 and Tampines Central 8 to Sim Lian Land. The property developer submitted the highest bid at some S$178 million. This translates to about S$253 per square foot. The 32,000 square metre site is designated for public housing under the Design, Build and Sell Scheme (DBSS). It was launched in June...
Sim Lian Land
Developer Sim Lian Land has clinched the tender for the residential site at Tampines Avenue 1 and Avenue 10. It submitted the top bid of S$302 million for the 3.2-hectare plot. The site with a 99-year lease had attracted a total of eight bids. The remaining bids range between S$168 million and S$289 million. The Urban Redevelopment Authority (URA) said it is the fourth residential site to be sold through...
A RESIDENTIAL site facing Bedok Reservoir that failed to be sold 18 months ago after attracting only one bid of $84.6 million is now sought after by eight developers, with one offering $302 million. The Tampines site was a victim of the financial meltdown when it closed for tender in August 2008, but the property market rebound has brought it back into favour. Sim Lian Land lodged the highest bid for the...
99-year plot may yield 600 units; consultants describe bids as sensible SIM Lian Land has emerged as the top bidder for a closely contested land parcel in Tampines. The developer led the field that included familiar names such as CapitaLand, Far East Organization, Frasers Centrepoint and MCL Land in a state land tender as demand for residential land continues to hold strong. Sim Lian bid $302 million...
Developer Sim Lian Land placed the top bid of S$302 million for the residential site at Tampines Avenue 1 & Avenue 10. The tender for the 3.2 hectare site with a lease of 99 years attracted a total of eight bids. The second highest bid of nearly S$288.99 million came from a joint venture of Far East Organisation and Frasers Centrepoint. That's followed by MCL Land's bid of about S$278.3...
Sim Lian Land has been awarded the tender for an industrial site at Ubi Avenue 4. The company submitted a bid of S$26.3 million for the 60-year lease site. The site has an area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. It can be developed into a range of clean and light industrial uses. Source : Channel NewsAsia - 3 Oct...
The Urban Redevelopment Authority (URA) has closed the public tender for an industrial site at Ubi Avenue 4. The URA had received a successful application for the site to be put up for sale in August and it was launched for public tender on Sept 3. It has a site area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. The site was offered for sale on a 60-year lease and received...
Only two bids were received in the tender for a residential site at Simei Road, which is being launched under HDB's Design, Build and Sell Scheme. Property developer Sim Lian Land put in the top bid of S$52 million. The price works out to S$1,472 per square metre of gross floor area. AMK Development put in the lower bid of S$37.2 million or S$1,055 per square metre of gross floor area. The parcel spans...