18/01/2019
“In the latest batched tender closing on Jan 15, bidding for the Club Street hotel plot was fairly aggressive with eight bids received. It was the first hotel site offered for sale in the government land sales (GLS) programme in a decade – not since the hotel site at Bukit Chermin Road in 2H2008, says Tricia Song, Colliers International head of research for Singapore.”
The public tenders for a 125,326 sq ft residential site at Kampong Java Road and a 125,324 sq ft hotel site on Club Street closed today. The residential site attracted 7 bids while the hotel site drew in 8 bids. The top bid for the Kampong Java site came from CELH Development, a unit of Chip Eng Sen...
