Hoi Hup, Sunway Developments bag tender for Plantation Close site
The winning bid was $348.5m.
The Housing and Development Board (HDB) awarded the tender for the Government Land Sale parcel at Plantation Close to Hoi Hup Realty and Sunway Developments.
The property developers clinched the site at a tender price of $348.5m.
The land parcel at Plantation Close has a maximum gross floor area of 46,036 square metres (sqm) and a site area of 16,441.2 sqm.
According to HDB, the developers plan to construct an executive condominium housing at the site.
HDB expects the project to be completed within 60 months from the date of acceptance of the tender.