24/04/2018
The 99-year leasehold site, launched from the Confirmed List of the Government Land Sales (GLS) programme for the first half of 2017, sits on 185,022 sq ft. It has a maximum allowable gross floor area of 462,557 sq ft that can yield an estimated 505 homes. The top bid from Keppel unit Corson and Wing Tai unit Wingjoy Investment, which beat 15 others, translates to S$964.81 per sq ft per plot ratio.
SINGAPORE — A housing site in Serangoon North Avenue 1 has drawn strong interest from developers, with units of Keppel Corp and Wing Tai submitting the joint top bid of S$446.3 million, Urban Redevelopment Authority data showed after the close of tender on Thursday (July 27).
