The tender for a 99-year leasehold residential site at Serangoon Avenue 3 drew 15 bids on Wednesday, the Urban Redevelopment Authority (URA) said.
Intrepid Investments, a unit of Hong Leong Holdings, submitted the highest bid of $221.2 million or $529 per sq ft of gross floor area.
The lowest bid came from Lippo Estates, at $120 million or $287 per sq ft of gross floor area.
Source: Business Times, 7 Oct 2009
No comments:
Post a Comment