Site at Victoria Street/Jalan Sultan grabs 9 bids
Forward Land threw in the highest bid at $331m.
In a release, The Urban Redevelopment Authority (URA) closed the tender for the sale site at Victoria Street / Jalan Sultan today.
The site at Victoria Street / Jalan Sultan was launched for public tender on 16 August 2012. It was originally on the Reserve List of the Government Land Sales Programme.
URA had, on 1 August 2012, accepted a successful application for the site to be put up for sale. The site was offered for sale on a 99-year lease term.