The tender for a commercial-residential site at Ten Mile Junction in Choa Chu Kang has attracted eight bids. The 1.56-hectare site is the first to be launched for tender this year under the Confirmed List of the government land sales programme. The top bid of nearly S$164 million came from Dollar Land Singapore, a subsidiary of Lucky Realty Company. This translates to a tendered sale price of some...
Ten Mile Junction
The first government land sales tender has been launched for this year. It is a commercial and residential site at the junction of Woodlands Road and Choa Chua Kang Road, and analysts expect the bidding to be strong. If a developer succeeds in buying the land, the Ten Mile Junction shopping mall, which currently sits on the site, will be transformed into a commercial and residential development, and...
More signs of Singapore’s property market slowing: Tenders for a plot of government development land have closed, attracting one of the lowest bids in recent years. The residential site bordering Choa Chu Kang Road and Woodlands Road on offer attracted just two bids. The highest offer came from an arm of Peak Properties, which is controlled by the Wee family. It offered $61 million, which works out to...