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Frasers Centrepoint JV tops bids, plans 800-900 units on plum seafacing site

4 highest bids for 99-year East Coast site cross S$800 psf ppr, reflecting bullish outlook: analysts

Singapore

A CONSORTIUM led by Frasers Centrepoint that placed the top bid of S$624.18 million, towards the high end of market expectations, for a 99-year site near East Coast Park is planning to build an 800-to-900-unit condo designed to maximise seaview-facing units.

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