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China Construction tops bids for West Coast Vale site

It offers S$291.99m for the 99-year leasehold plot, nosing ahead of MCC Land by just 0.7%

Kalpana Rashiwala

Published Thu, Feb 9, 2017 · 09:50 PM

Singapore

CHINA Construction (South Pacific) Development Co has pipped compatriot MCC Land to place the top bid for a private housing site at a state tender that closed on Thursday.

The tender for the 1.64-hectare site along West Coast Vale, drew nine bids, reflecting developers' continuing appetite for land and confidence that the market will improve.

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