The tender for the residential site at Buangkok Drive / Sengkang Central has been awarded to the highest bidder, White Haven Properties Pte Ltd, the Urban Revelopment Authority said on Friday.
White Haven submitted a bid of $301 million, or $5,470.44 per sq m of gross floor area, for the 18,340.7 sq m site.
The site has a maximum gross floor area of 55,023 sq m and was offered for sale on a 99-year lease term.
The land parcel was launched for sale by public tender on April 16, 2012 and closed on June 12, 2012.
White Haven submitted a bid of $301 million, or $5,470.44 per sq m of gross floor area, for the 18,340.7 sq m site.
The site has a maximum gross floor area of 55,023 sq m and was offered for sale on a 99-year lease term.
The land parcel was launched for sale by public tender on April 16, 2012 and closed on June 12, 2012.