MCL Land tops bids for Jurong West site
MCL planning higher proportion of 1 and 2 bedders to complement mostly 3 and 4 bedroom unsold stock in its Lakeville project next door
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CHARGED with confidence from its experience with launching two condo projects in Jurong growth region in the past two years, MCL Land on Tuesday placed the top bid of S$338.12 million or S$630.13 per square foot per plot ratio (psf ppr) for Jurong West Street 41 (Parcel B).
This is 6.4 per cent more than the next highest bid of S$592.46 psf ppr from Chinese developer Hao Yuan's unit HY Realty.
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