Bid for 99-year Sengkang residential site

A 99-YEAR leasehold residential site in Sengkang has been triggered for sale from the government’s reserve list.

The plot, at the junction of Sengkang West Avenue and Fernvale Link, will be launched for a public tender in about two weeks. It is being made available after an unnamed developer committed to bid at least $70 million, [...]

32 bids, bumper price

A SMALL site in Jurong West that was withdrawn from sale 21 months ago because bids were too low attracted a record 32 offers and a bumper price yesterday after going back onto the market.

The winning bid for the government plot came in at $38.5 million or $254 per sq ft – more than three [...]