IOI won the bid, paying 13% more than UOL.
http://www.hdb.gov.sg/fi10/fi10296p....B?OpenDocument
IOI won the bid, paying 13% more than UOL.
http://www.hdb.gov.sg/fi10/fi10296p....B?OpenDocument
How does this bid compare with neighbouring plots?
Any comment about the developer IOI?
Who is IOI?
Malaysian developerOriginally Posted by TheIdler
Icic, thanks.Originally Posted by Allthepies
Does this mean Parkwest can say bye bye to their enbloc price?
Isn't that the developer who is doing the flop project Cityscape@ farrer park?
What their asking psf price ?Originally Posted by TheIdler
Their reserved price is $803million which makes it abt $762psfppr. Think no bidders when their tender closed.Originally Posted by Allthepies
762psf ppr was the reserved price? that's pretty high no?
Guess dats why no bidders? Property sentiment down but people's expectations still skyhigh?Originally Posted by kane
that'll curtail supply down the line.
If i m not wrong, they still have to pay development charges & topping up the lease period.
Developer then has to sell at least $1100 - $1200psf.
Highly accessible by AYE and PIE, with direct buses or MRT to Jurong Lake District, and beside Nan Hua Pri Sch, my estimate is launching around $1200 psf for 2 bedders.