A 99-YEAR leasehold private housing site along West Coast Vale has attracted nine bids at a state tender that closed on Thursday. The top bid of S$291.99 million or S$591.51 per square foot of potential gross floor area came from China Construction (South Pacific) Development Co. It was just 0.7 per cent above the second highest bid of S$289.9 million or S$587.28 psf ppr by MCC Land...
West Coast Vale
West Coast Vale, the newly released residential site under the government land sales (GLS) programme may see warm interest from developers on the back of improved sentiment and a lack of available development sites, some property consultants say. There are also others who believe that the slow take-up at nearby Parc Riviera condominium project by EL Development, which was launched last month, may serve...
THE Urban Redevelopment Authority (URA) on Wednesday released detailed sales conditions for a residential site at West Coast Vale. The 16,378-square-metre site, which can potentially yield up to 520 residential units, is available for application under the Reserve List of the first-half 2016 Government Land Sales programme. It has a 99-year lease and the permissible potential gross floor area is...
EL Development has placed the top bid of S$314.1 million or S$551.15 per square foot per plot ratio (psf ppr) for a 99-year private condominium site at West Coast Vale. The state tender attracted six bids. The second highest bid, from a tie-up involving Hoi Hup Realty, Sunway Developments and Oriental Worldwide Investments, was nearly S$534 psf ppr. The lowest bid, from a joint venture between...
A residential site at West Coast Vale has been released for sale under the confirmed list of the first half of the Government Land Sales (GLS) Programme, the Urban Redevelopment Authority (URA) announced on Thursday (Jun 18). The site, which spans about 19,000 square metres (sq m) and has around 53,000 sq m in permissible gross floor area, can potentially yield about 595 residential units, URA...