Terrasse was sold at $899 psf, land cost $456 psf ppr

Four GLS sites were sold in 3Q2021: Lentor Central with a top bid of $784 million or $1,204 psf per plot ratio (psf ppr), Slim Barrack Rise Parcel A ($320 million or $1,246 psf ppr), Slim Barrack Rise Parcel B ($162 million or $1,210 psf ppr), and Tampines Street 62 executive condominium site ($422 million or $659 psf ppr).

https://www.edgeprop.sg/property-new...1udtSOkrRWzUzE

This is a leasehold project by MCL Land, who had acquired the site via a GLS tender in May 2010 for $456psf ppr.

http://www.sgproptalk.sg/2011/06/terrasse-review.html