Lorong Putong residential site tender closes after garnering 18 bids
Find out who the highest bidder is.
The Urban Redevelopment Authority closed the tender for the residential site at Lorong Puntong yesterday, after it garnered 18 bids from interested developers.
The site at Lorong Puntong was launched for public tender on 18 August 2014. It has a 99-year lease and a site area of 10,502.8 square meters.
Nanshan Group Singapore entered the highest bid at $7869.51 psm, while Tee Vista posted the lowest bid at $4896.63 psm.
A decision on the award of the tender will be made at a later date, after the bids have been evaluated