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Keenly contested Fernvale site gets top bid of S$287.1m

Sing Holdings-Wee Hur JV beats 13 other bidders for state tender of 99-year leasehold land meant for private housing
Wednesday, September 28, 2016 - 05:50

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A state tender on Tuesday for a 99-year leasehold private housing site along Fernvale Road in the Sengkang area beat earlier market projections.

Singapore

DEVELOPERS continue to be hungry for land.

A state tender on Tuesday for a 99-year leasehold private housing site along Fernvale Road in the Sengkang area beat earlier market projections. It garnered 14 bids with the top bid at S$287.1 million or S$517.03 per square foot

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