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SG HDB awards tender for Fernvale Close site

Property Here - Monday, June 17, 2013

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By Shabnam Muzammil:

The HDB has awarded the tender for a residential site at Fernvale Close (pictured) to a consortium comprising FCL Topaz, Far East Orchard and Sekisui House.

Launched for tender on 15 April, the 14,930.5sq m site received a top bid of S$256.98 million or S$5,737.25 psm over its GFA from the group when the tender closed on 13 June.

The 99-year leasehold site will be developed into a condominium, flats, or a combination of flats and strata landed houses with prior approval. Serviced apartments have not been allowed.




Shabnam Muzammil, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email shabnam@allproperty.com.sg