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SG HDB awards tender for Sengkang residential site

Property Here - Monday, April 15, 2013

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By Romesh Navaratnarajah:

The Housing and Development Board (HDB) has awarded the tender for a site at Sengkang West Way (pictured) to Secure Development, which submitted the top bid of S$262.1 million.

Launched for sale on 28 February, the 99-year leasehold site attracted eight bidders and is expected to be developed into 555 housing units. 

The 16,603.90 sq m land parcel has a maximum gross floor area (GFA) of 49,811.70 sq m and plot ratio of 3.0.

 

Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email romesh@allproperty.com.sg