URA awards tender for Peck Seah St White site

The tender for the White site at Peck Seah Street / Choon Guan Street was awarded for approximately $1.7 billion.

Perfect Eagle Pte. Ltd., Guston Pte. Ltd. and Belmeth Pte. Ltd. submitted the highest bid for the 15,022.6 sqm land parcel. With allowable development for commercial/hotel/residential use, the said site was offered for sale on a 99-year lease.

The Urban Redevelopment Authority awarded the tender after launching it in July.

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