Dec 8, 2009
32 bids for Jurong plot
By Joyce Teo, Property Correspondent
A 99-YEAR leasehold landed plot in Jurong West attracted a whopping 32 bids.
Chappelis put in a higher-than-expected top bid of $38.5 million or $254 per sq ft.
This was followed closely by Hoi Hup Realty and Sunway Developments' bid of $38 million or $250 psf.
Other bidders include EL Development, Soilbuild Group and Frasers Centrepoint.
The top bid for the 14,098.9 sq m site in Westwood Avenue came in higher than expected.
The site was offered for tender last year. But the government did not award it as the bids it attracted were considered too low.
Tuesday, December 8, 2009
Subscribe to:
Post Comments (Atom)
Pre-development Land Investing
In business for over 30 years, success in providing real estate investment opportunities to clients around the world is a simple, yet effective separation of roles and responsibilites. The four pillars of strength guide the land from the research and acquisition, through to the exit, including the distribution of proceeds to our clients ......
To know more how this is really work for you and your clients....
Please contact me Terence Tay @ (+65) 9387-5896 or email : terencetay.kh@gmail.com
To know more how this is really work for you and your clients....
Please contact me Terence Tay @ (+65) 9387-5896 or email : terencetay.kh@gmail.com
Posts
No comments:
Post a Comment