URA closes Sembawang Road / Jalan Sendudok site tender
Highest bid was at $191.8 million by Hao Yuan Investment.
The 27,665.5 m² residential site was offered for sale on a 99-year lease.
Other bidders were Fragrance Group Limited and Aspial Corporation Limited, Intrepid Investments, FCL Topaz and F.E. Lakeside, Hoi Hup Realty and Sunway Developments, and Allgreen Properties.
A decision on the award of the tender will be made after the bids have been evaluated.