URA receives four bids for Gambas Crescent industrial site
Find out who the highest bidder is.
The Urban Redevelopment Authority has received four bids for an industrial site in Gambas Crescent. Bidding for the site closed yesterday, after it was launched for public tender on 24 June.
NSS Realty topped the list of bidders with an offer of $35m, or $893.71 psm. Grow-Tech Properties came in second with $27m, or $709.28 psm.
Sim Lian (Focus) Pte Ltd and Hock Lian Seng Holdings Limited completed the list, with bids of $26.1m and $25.6m respectively.