The land parcel at Tampines Central 7, Tampines Ave 7 and Tampines Ave 9, fetched the highest bid of $233.53 million when it closed on Thursday.
Singxpress Property Development Pte Ltd, Creative Investments Pte Ltd and Kay Lim Realty Pte Ltd jointly submitted the top bid, which works out to $4,019.28 per sq m per gross floor area (GFA).
The land measures 20,750.50 sq m and has a maximum GFA of 58,101.40 sq m. It has a 99 year lease and can yield 580 units of executive condominium housing when completed.
A total of six bids were received, with the lowest coming in at $215.5 million, submitted by MCL Land Limited.
Singxpress Property Development Pte Ltd, Creative Investments Pte Ltd and Kay Lim Realty Pte Ltd jointly submitted the top bid, which works out to $4,019.28 per sq m per gross floor area (GFA).
The land measures 20,750.50 sq m and has a maximum GFA of 58,101.40 sq m. It has a 99 year lease and can yield 580 units of executive condominium housing when completed.
A total of six bids were received, with the lowest coming in at $215.5 million, submitted by MCL Land Limited.