Tampines Central executive condo site attracts six bids

In a statement, the Housing & Development Board (HDB) said the tender for the executive condominium (EC) site located at Tampines Central 7 / Tampines Avenue 7 / Tampines Avenue 9 has attracted a total of six bids.

The top bid of S$233.5 million for the 99-year leasehold site is jointly placed by Singxpress Property Development, Creative Investments and Kay Lim Realty.

Spanning some 20,750 square metres, the site has a maximum gross floor area of 58,101 square metres and it is expected to yield 580 dwelling units.

The remaining five bids came in at between S$230.7 million and S$215.5 million.

HDB said award of the tender will be announced after the bids have been evaluated.

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