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Koh Bros, Heeton clinch Westwood EC site

Plan is for 480 two to five-bedroom residential units, to be ready in 2018

Published Wed, Jan 15, 2014 · 10:00 PM

A JOINT venture between real-estate developers Koh Brothers Group and Heeton Holdings has clinched the mandate to develop an executive condominium (EC) site in Westwood Avenue in Jurong West.

The successful bid was $198.9 million, or about $382 per square foot per plot ratio (psf ppr) for the 99-year leasehold site. The 186,052 sq ft site across from Cleantech Park will yield a maximum gross floor area of 520,945 sq ft.

Specifics about the shareholdings in the joint venture have yet to be firmed up, The Business Times understands.

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