near H2O
A 99-year leasehold private housing site in Sengkang West Way has attracted eight bids.
The highest bid, from UOL Group unit Secure Development, is S$262.1 million or
S$488.84 per square foot per plot ratio (psf ppr).
The next highest bid from Bayfront Land, a tie-up between Aspial Corporation and Fragrance Group, was S$253.55 million or S$472.89 psf ppr. The lowest bid, from CapitaLand unit Athens Residential Development, was S$110.999 million or S$207.01 psf ppr.
The site was offered at a state tender, which closed on Thursday, April 11.
=> nowadays far from MRT OCR close to 500psf, MRT 650psf
=> FEO group bid 429psf