Kuok Group plans mall and 480 apartments on Pasir Ris site

Singapore

THE Allgreen Properties and Kerry Properties tie-up that clinched the 99-year leasehold white site next to Pasir Ris MRT station is planning to develop about 480 apartments above three levels of retail space.

Its winning bid of nearly S$700 million works out to S$684.48 per square foot per plot ratio (psf ppr), based on a total gross floor area of 1.02 million sq ft.

The commercial and residential development will be integrated with a bus interchange, a polyclinic and a town plaza, offering seamless connection to p…