PROCUREMENT NEWS

Singapore : HDB awards tender for land parcel at Sengkang

Published 07 Jun 2012

The Housing Board has awarded the tender for the land parcel at Sengkang Square / Compassvale Drive to EL Development.

The company submitted the highest bid in the tender for the site, with a bid of $383,333,000, said the Housing Board.

The land parcel for condominium or flats or with prior written approval, a combination of flats and strata landed houses has a site area of 22,497.6 sq m and a maximum gross floor area of 67,492.8 sq m.

It was offered for sale on a 99-year lease term and was launched on April 16.

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