Government closes bid for Punggol Point site
This top bidder's offer is at a whopping $11.369m.
The Urban Redevelopment Authority has announced the closing of tender for the food and beverage site at Punggol Point on Tuesday.
The site at Punggol Point was launched for public tender on 4 December 2012. The site was offered for sale on a 15-year lease term. Fragrance Group Limited came in as the top bidder at $11,368,800.00.
KT & T Resources Pte Ltd came in second at a bid of $8,595,349.12.