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SG Qingjian wins tender for Woodlands EC site

Property Here - Tuesday, May 14, 2013

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By Romesh Navaratnarajah:

The tender for an executive condominium site (EC) site at the junction of Woodlands Avenue 5 and 6 has been awarded to Qingjian Realty (South Pacific) Group, after it submitted the highest bid of S$216 million or S$341.21 psf ppr.

Offered on a 99-year lease, the 226,088 sq ft site (pictured) has a maximum gross floor area of 633,048 sq ft and plot ratio of 2.8. It could yield around 590 housing units.

The tender for the land parcel was launched on 28 March. 



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