HDB has awarded the tender for a land parcel at Anchorvale Crescent (pictured) in Sengkang East to Sim Lian Land after it submitted the top bid of $157.8 million.
Launched for tender on 18 November 2014, the 99-year leasehold site has an area of 17,450.10 sq m with a maximum gross floor area of 52,350.30 sq m and a gross plot ratio of 3.0. Continue reading
SINGAPORE: A land parcel at Anchorvale Crescent for an executive condominium (EC) housing development attracted just three bids at the close of the tender on Tuesday (Jan 20), attesting to weaker sentiment in Singapore’s housing market.
Sim Lian Land submitted the top bid of S$157.8 million for the 17,450.10 square metre 99-year leasehold site, which can be used to develop an estimated 525 dwelling units, the Housing & Development Board (HDB) said in a statement.