SINGAPORE — The Urban Redevelopment Authority (URA) will launch a public tender for a commercial site on the Reserve List at Beach Road, after receiving an application from an unnamed developer at a bid price of not less than S$1.138 billion. 117 more words
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SINGAPORE — A mixed commercial and residential site in Bidadari estate drew strong interest from developers by the close of tender on Tuesday (June 13), with the top bid coming from media and property company Singapore Press Holdings (SPH) amounting to S$1.132 billion, data from the Housing and Development Board showed. 363 more words
SINGAPORE – A private landed housing site in Lorong 1 Realty Park in Hougang has drawn bullish bids from 11 developers.
The top bid for the 99-year leasehold site came from a consortium of Fantasia Investment (Singapore), Sun Renwang and Yang Xinping at S$75.8 million or about S$525.58 psf per plot ratio, said the Urban Redevelopment Authority at the close of tender on Thursday. 162 more words
A huge residential plot at Stirling Road launched by the government drew a record price of over S$1 billion in a joint bid from Logan Property Holdings (LPH)and Chinese conglomerate Nanshan Group. 180 more words
SINGAPORE — A plum private housing land parcel near Queenstown MRT Station has attracted a top bid of more than S$1 billion, the first time that a purely residential site on the Government Land Sales (GLS) programme has exceeded that price quantum. 514 more words
Developers have been paying substantial premiums for government land sites recently amid healthy private home sales.
There has been aggressive bidding at public land tenders this year, with developers paying an average of 29 per cent more for residential plots over comparable sites sold in the past five years. 453 more words