Jalan Jurong Kechil site awarded to World Class Developments for $73.8m

Tendered price comes at $5,182.95 psm.

According to a release from the Urban Redevelopment Authority, World Class Developments (North) Pte Ltd's $73.8m bid was awarded the tender for the residential site at Jalan Jurong Kechil, which has a maximum Gross Floor Area of 14,239 sqm, and a site area of 10,170.8 sqm.

World Class Development's bid was previously reported to be the highest among 23 bids. The site was offered for sale with a lease option of 30 years, 45 years or 60 years, and World Class Developments chose 60 years.

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