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Digestible plot size helps draw bids for Sembawang Park site tender

Tuan Sing's S$481 psf ppr tops nine bids submitted and is slightly above market expectations

Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Apr 7, 2016 · 09:50 PM
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Singapore

A RELATIVELY small land size, affordable lumpsum investment and the absence of competition in the locale helped a 99-year leasehold private housing site near Sembawang Park to attract nine bids at a state tender that closed on Thursday.

The top bid was also slightly above the higher end of market expectations. Tuan Sing Holdings' fully-owne…

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tuan sing

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