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November 23, 2010, 5.27 pm (Singapore time)
Tampines EC site draws top bid of $302 psf ppr
By KALPANA RASHIWALA
A tie-up between Hoi Hup Realty, Sunway Developments and SC Wong Holdings placed the top bid for an executive condominium housing site at Tampines Avenue 8. The top bid is for $187.59 million or about $302 per square foot per plot ratio.
The state tender, which closed on Nov 23, drew six bids.
The lowest bid of $141.68 million was from Sim Lian Land.
Exec condos are a hybrid of public and private housing.