It was third time lucky for Evia Real Estate and Gamuda after coming up short twice this year in tenders for executive condominium (EC) sites but it was a remarkably close contest.
The two firms emerged as the top bidder for the Anchorvale Crescent EC plot with an offer of $318,888,899.
That edged out the bid by Qingjian Realty’s CNQC Realty (Treasure) Investment by 0.0003 per cent or a mere $899 – what analysts say is the narrowest margin ever for a Government Land Sales (GLS) site. Continue reading