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KepLand, Wing Tai tie-up top bidder for Serangoon North site

Their S$446.28m bid for private housing site is 6.6% higher than second highest offer, from FCL Residences
Friday, July 28, 2017 - 05:50

"We are confident that this new development will see positive demand as there have been few new condominiums launched in recent times in the popular Serangoon Garden area," said KepLand chief executive Ang Wee Gee.


KEPPEL Land (KepLand) and Wing Tai teamed up to place the top bid at a state tender on Thursday for a 99-year-leasehold private housing site along Serangoon North Avenue 1.

Their S$446.28 million bid, which translates to S$964.81 per square foot per plot ratio (psf ppr),

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